The chart above shows the net revenue of Target Corporation from each product category in billions for 2022. In 2022, Target experienced a decline in net sales of Apparel and accessories, hardlines and home furnishing products, but the sales of food and beverage products as well as beauty and household essentials increased compared to the prior year.
Revenue of Target Corporation by Product Line 2016-2022
Amounts in $millions.
2019 | 2020 | 2021 | 2022 | |
Apparel and Accessories | $14,304 | $14,772 | $17,931 | $17,646 |
Beauty and Household essentials | $20,616 | $24,461 | $27,268 | $29,575 |
Food and beverage | $15,039 | $18,135 | $20,306 | $22,918 |
Hardlines | $12,595 | $16,626 | $18,614 | $17,739 |
Home furnishing | $14,430 | $18,231 | $20,255 | $19,463 |
Other products | $146 | $175 | $237 | $247 |
Other Revenues | $982 | $1,161 | $1,394 | $1,532 |
Total | $78,112 | $93,561 | $106,005 | $109,120 |
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TARGET CORPORATION NET REVENUE
TARGET CORPORATION NET INCOME
TARGET CORPORATION NUMBER OF EMPLOYEES
TARGET CORPORATION NUMBER OF STORES
2021: Target corporation generated $27,268 million in 2021 from the sales of beauty and household products compared to $24,461 million in 2020. The company experienced 13.3% growth in its total net revenues in 2021 compared to 2020. Its revenues from the apparel and accessories segment grew by $3.16 billion in 2021 compared to 2020.
Product Line | 2018 | 2017 | 2016 |
Apparel and accessories | $ 15,004 | $ 14,662 | $ 14,304 |
Beauty and household essentials | $17,726 | $17,025 | $16,550 |
Food and beverage | $14,585 | $14,256 | $13,831 |
Hardlines | $12,709 | $12,062 | $11,507 |
Home furnishings and décor | $14,298 | $13,672 | $13,130 |
Other Products | $111 | $109 | $92 |
Other Revenues | $ 923 | $928 | $857 |
Total | $ 75,356 | $ 72,714 | $70,271 |
Beauty and household essentials is the largest product line sold by Target based upon revenue followed by apparel and accessories and food and beverages. In 2018, the revenue of the company from beauty and household essentials was $17.73 billion and that from apparel and accessories $15 billion.
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