- Admin
- #1
Target's operating income plummeted 57% on the year, coming in at a meager $3.85 billion -- an operating income margin of just 3.5%. Beneath the turbulent surface that is the U.S. economy, though, Target is steadily kicking its feet and staying focused on its long-term initiatives. CEO Brian Cornell and the top team did a great job getting Target in position to best serve shoppers during the early years of the pandemic.