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塔吉特三季度擊敗沃爾瑪

Phil Wahba
2020-11-23

塔吉特第三季度總體可比銷售額增長(zhǎng)了20.7%,這一增幅幾乎是分析師此前預(yù)測(cè)額11.6%的兩倍。

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上周三,,塔吉特再次拿出了令人眼前一亮的季度財(cái)務(wù)業(yè)績(jī),,向外界展示了其商品和電商策略出色的效果,也讓這家折扣連鎖店擊敗了其同行,,尤其是像沃爾瑪和科爾士這樣的長(zhǎng)期競(jìng)爭(zhēng)對(duì)手,。

由于其新家居裝飾、Good & Gather食品品牌以及Cat & Jack兒童服飾線的大賣,,塔吉特第三季度總體可比銷售額增長(zhǎng)了20.7%,。Consensus Metrix稱,這一增幅幾乎是分析師此前預(yù)測(cè)額11.6%的兩倍,,推動(dòng)公司股價(jià)在盤前交易中上揚(yáng)了2.5%。得益于其對(duì)同日達(dá)遞送服務(wù)的投資以及疫情期間備受購(gòu)物者喜愛的路邊取貨方案,,數(shù)字銷售額增長(zhǎng)了155%,。

Gordon Haskett的一名分析師恰克?格羅姆在紀(jì)要中寫道:“很明顯,塔吉特不僅僅獲得了新客戶,,同時(shí)還留住了他們,。隨著我們邁入2021年,這一點(diǎn)至關(guān)重要,?!?/p>

沃爾瑪本周亦給出了強(qiáng)勁的業(yè)績(jī),其電商業(yè)務(wù)增長(zhǎng)了78%,,整體可比銷售增長(zhǎng)了6.4%,。由于雜貨業(yè)務(wù)占到了沃爾瑪銷售的半壁江山,而且顧客在店面購(gòu)買此類貨物的數(shù)量通常要多于其他門類,,因此沃爾瑪在這一塊很難實(shí)現(xiàn)大幅增長(zhǎng),。

這兩個(gè)連鎖品牌均擁有龐大的產(chǎn)品門類,疫情期間,,購(gòu)物者合并了其出行計(jì)劃以減少店內(nèi)購(gòu)物時(shí)間,,這意味著它們獲得了原屬于弱小競(jìng)爭(zhēng)對(duì)手的市場(chǎng)份額。

然而,,塔吉特在其中一個(gè)領(lǐng)域輕易地?fù)魯×宋譅柆敽推渌蠖鄶?shù)零售商,,那就是吸引顧客進(jìn)入店面,這種能力在疫情期間實(shí)屬難能可貴,。塔吉特實(shí)體店面的可比銷售增長(zhǎng)了9.9%,。

到店購(gòu)物者數(shù)量增長(zhǎng)了4.5%,,這一點(diǎn)得益于公司過去三年中所開展的70億美元項(xiàng)目,涵蓋店面翻修和美化,;改善吸引客流量的門類,,例如美容產(chǎn)品;更加專注于規(guī)模較小但十分重要的食品業(yè)務(wù),。作為對(duì)比,,沃爾瑪?shù)牡昝婵杀蠕N售僅溫和增長(zhǎng)了0.7%,而交易數(shù)量則出現(xiàn)大幅下滑,。

塔吉特在其產(chǎn)品的視覺展示方面投入了大量資金,,也讓購(gòu)物體驗(yàn)變得更具誘惑力,這對(duì)于依賴沖動(dòng)型消費(fèi)的塔吉特來(lái)說(shuō)尤為重要,。

GlobalData董事總經(jīng)理內(nèi)爾?桑德斯說(shuō):“能夠以一種愉悅的體驗(yàn)來(lái)吸引消費(fèi)者是零售業(yè)獲得成功的標(biāo)志之一,,在疫情期間更是如此?!?/p>

很大一部分吸引力源于塔吉特在疫情前對(duì)新家居產(chǎn)品的偶然投資,,而且剛好趕上了讓其他零售商亦受益的家居改善熱,例如家得寶和勞氏,。

塔吉特首席執(zhí)行官布萊恩?康奈爾在媒體電話會(huì)上對(duì)記者說(shuō):“家居將繼續(xù)成為公司的關(guān)注點(diǎn),。由于長(zhǎng)時(shí)間呆在家中,賓客們會(huì)花更多的時(shí)間做飯,,更換家居裝飾,。”康奈爾稱,,家居產(chǎn)品銷售業(yè)績(jī)?cè)谏蟼€(gè)季度提升了25%左右,。

塔吉特從競(jìng)爭(zhēng)對(duì)手那里搶奪的市場(chǎng)份額涵蓋以下門類:電子產(chǎn)品,增幅超過50%,;服裝,,增幅達(dá)到了10%(科爾士因此受累,稱其第三季度下滑了14%)以及美容產(chǎn)品,。

塔吉特第三季度凈利潤(rùn)增至10.1億美元,,而去年同期為7.14億美元??偁I(yíng)收同比增長(zhǎng)21.3%,,達(dá)到226.3億美元,大幅超過了此前估計(jì)的209.3億美元,。

康奈爾預(yù)計(jì)塔吉特的態(tài)勢(shì)將得以持續(xù),,因?yàn)榧偃召?gòu)物季將于下周的黑五開始打響,尤其是玩具和電子產(chǎn)品門類,。

他說(shuō):“很多人都已開始提前購(gòu)物,,但我們確實(shí)希望[購(gòu)物]能夠均衡地分布于整個(gè)假日季,。然而,由于人們希望好好慶祝一下這個(gè)節(jié)日,,因此我們預(yù)計(jì)會(huì)出現(xiàn)大量的贈(zèng)禮消費(fèi),。”(財(cái)富中文網(wǎng))

譯者:馮豐

審校:夏林

上周三,,塔吉特再次拿出了令人眼前一亮的季度財(cái)務(wù)業(yè)績(jī),,向外界展示了其商品和電商策略出色的效果,也讓這家折扣連鎖店擊敗了其同行,,尤其是像沃爾瑪和科爾士這樣的長(zhǎng)期競(jìng)爭(zhēng)對(duì)手,。

由于其新家居裝飾、Good & Gather食品品牌以及Cat & Jack兒童服飾線的大賣,,塔吉特第三季度總體可比銷售額增長(zhǎng)了20.7%,。Consensus Metrix稱,這一增幅幾乎是分析師此前預(yù)測(cè)額11.6%的兩倍,,推動(dòng)公司股價(jià)在盤前交易中上揚(yáng)了2.5%,。得益于其對(duì)同日達(dá)遞送服務(wù)的投資以及疫情期間備受購(gòu)物者喜愛的路邊取貨方案,數(shù)字銷售額增長(zhǎng)了155%,。

Gordon Haskett的一名分析師恰克?格羅姆在紀(jì)要中寫道:“很明顯,,塔吉特不僅僅獲得了新客戶,同時(shí)還留住了他們,。隨著我們邁入2021年,這一點(diǎn)至關(guān)重要,?!?/p>

沃爾瑪本周亦給出了強(qiáng)勁的業(yè)績(jī),其電商業(yè)務(wù)增長(zhǎng)了78%,,整體可比銷售增長(zhǎng)了6.4%,。由于雜貨業(yè)務(wù)占到了沃爾瑪銷售的半壁江山,而且顧客在店面購(gòu)買此類貨物的數(shù)量通常要多于其他門類,,因此沃爾瑪在這一塊很難實(shí)現(xiàn)大幅增長(zhǎng),。

這兩個(gè)連鎖品牌均擁有龐大的產(chǎn)品門類,疫情期間,,購(gòu)物者合并了其出行計(jì)劃以減少店內(nèi)購(gòu)物時(shí)間,,這意味著它們獲得了原屬于弱小競(jìng)爭(zhēng)對(duì)手的市場(chǎng)份額。

然而,,塔吉特在其中一個(gè)領(lǐng)域輕易地?fù)魯×宋譅柆敽推渌蠖鄶?shù)零售商,,那就是吸引顧客進(jìn)入店面,這種能力在疫情期間實(shí)屬難能可貴,。塔吉特實(shí)體店面的可比銷售增長(zhǎng)了9.9%,。

到店購(gòu)物者數(shù)量增長(zhǎng)了4.5%,,這一點(diǎn)得益于公司過去三年中所開展的70億美元項(xiàng)目,涵蓋店面翻修和美化,;改善吸引客流量的門類,,例如美容產(chǎn)品;更加專注于規(guī)模較小但十分重要的食品業(yè)務(wù),。作為對(duì)比,,沃爾瑪?shù)牡昝婵杀蠕N售僅溫和增長(zhǎng)了0.7%,而交易數(shù)量則出現(xiàn)大幅下滑,。

塔吉特在其產(chǎn)品的視覺展示方面投入了大量資金,,也讓購(gòu)物體驗(yàn)變得更具誘惑力,這對(duì)于依賴沖動(dòng)型消費(fèi)的塔吉特來(lái)說(shuō)尤為重要,。

GlobalData董事總經(jīng)理內(nèi)爾?桑德斯說(shuō):“能夠以一種愉悅的體驗(yàn)來(lái)吸引消費(fèi)者是零售業(yè)獲得成功的標(biāo)志之一,,在疫情期間更是如此?!?/p>

很大一部分吸引力源于塔吉特在疫情前對(duì)新家居產(chǎn)品的偶然投資,,而且剛好趕上了讓其他零售商亦受益的家居改善熱,例如家得寶和勞氏,。

塔吉特首席執(zhí)行官布萊恩?康奈爾在媒體電話會(huì)上對(duì)記者說(shuō):“家居將繼續(xù)成為公司的關(guān)注點(diǎn),。由于長(zhǎng)時(shí)間呆在家中,賓客們會(huì)花更多的時(shí)間做飯,,更換家居裝飾,。”康奈爾稱,,家居產(chǎn)品銷售業(yè)績(jī)?cè)谏蟼€(gè)季度提升了25%左右,。

塔吉特從競(jìng)爭(zhēng)對(duì)手那里搶奪的市場(chǎng)份額涵蓋以下門類:電子產(chǎn)品,增幅超過50%,;服裝,,增幅達(dá)到了10%(科爾士因此受累,稱其第三季度下滑了14%)以及美容產(chǎn)品,。

塔吉特第三季度凈利潤(rùn)增至10.1億美元,,而去年同期為7.14億美元??偁I(yíng)收同比增長(zhǎng)21.3%,,達(dá)到226.3億美元,大幅超過了此前估計(jì)的209.3億美元,。

康奈爾預(yù)計(jì)塔吉特的態(tài)勢(shì)將得以持續(xù),,因?yàn)榧偃召?gòu)物季將于下周的黑五開始打響,尤其是玩具和電子產(chǎn)品門類,。

他說(shuō):“很多人都已開始提前購(gòu)物,,但我們確實(shí)希望[購(gòu)物]能夠均衡地分布于整個(gè)假日季,。然而,由于人們希望好好慶祝一下這個(gè)節(jié)日,,因此我們預(yù)計(jì)會(huì)出現(xiàn)大量的贈(zèng)禮消費(fèi),。”(財(cái)富中文網(wǎng))

譯者:馮豐

審校:夏林

On Wednesday, Target reported another set of blistering quarterly financial results that show how well its merchandise and e-commerce strategies are working, enabling the discount chain to outdo its peers, notably longtime rivals such as Walmart and Kohl’s.

Comparable sales at Target rose 20.7% in the quarter ended Oct. 31, stemming from the popularity of its newer home furnishings, its Good & Gather food brand, and the Cat & Jack kids’ clothing line. That was nearly twice the 11.6% growth analysts had been expecting, according to Consensus Metrix, sending shares up 2.5% in premarket trading. Digital sales rose 155% thanks to its investments in same-day delivery and curbside pickup options that are popular with shoppers during the pandemic.

“It’s clear that Target is not only gaining new customers but also retaining them, which will be critical as we move into 2021,” Chuck Grom, an analyst with Gordon Haskett, wrote in a note.

Walmart also reported strong numbers earlier this week, with e-commerce rising 78% and overall comparable sales rising 6.4%. Because groceries represent half of Walmart’s sales and are typically something people still buy in store much more than other categories, an astronomical lift is harder for Walmart to pull off.

Both chains, with their massive product assortments, have benefited from shoppers consolidating trips to reduce time in stores during the pandemic, meaning they’ve taken market share from weaker rivals.

But one crucial area where Target handily bested Walmart and most other retailers, was its ability to get people into stores, a feat all the more remarkable during a pandemic. Comparable sales at Target’s physical stores were up 9.9%.

And shopper visits rose 4.5%, the benefit of a $7 billion program in the past three years to remodel and beautify its stores, improve categories that drive customer traffic like beauty products, and better focus its smaller but important food offering. In contrast, at Walmart, store comparable sales were up a modest 0.7%, while the number of transactions was way down.

Target has invested heavily in the visual presentation of its products, making shopping enticing, all the more crucial given how much it relies on impulse purchases.

“Being able to draw people in for fun is one of the hallmarks of retail success, especially during a pandemic,” said Neil Saunders, managing director of GlobalData.

A big draw has been Target’s fortuitous investment pre-pandemic on new home products, just in time for a spending boom on home improvement that has lifted other retailers like Home Depot and Lowe’s, as well.

“Home continues to be a focal point,” Target CEO Brian Cornell told reporters on a media call. “With all that time at home, guests are cooking more and replacing home decor.” Cornell said home goods sales rose by a mid-20s percentage last quarter.

Other categories where Target is taking market share from rivals: electronics, up more than 50%; clothing sales, up 10% (hurting rivals like Kohl’s, which reported a 14% drop in third-quarter sales); and beauty products.

Target’s net earnings rose in the quarter to $1.01 billion, from $714 million a year earlier. Total revenue surged 21.3% to $22.63 billion, easily beating estimates for $20.93 billion.

Cornell expects Target’s momentum to continue as the peak holiday shopping season gets going next week with Black Friday, especially in categories like toys and electronics.

“Many have started to shop earlier, and we do expect [shopping] to be spread out during the holiday season. But they are looking to celebrate,” he said. “We expect a lot of gift-giving.”

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