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FOR IMMEDIATE RELEASE Contacts : John Hulbert , Investors , ( 612 ) 761-6627 Erin Conroy , Media , ( 612 ) 761-5928 Target Media Hotline , ( 612 ) 696-3400 Target Corporation Reports First Quarter Earnings First quarter comparable sales grew 22.9 percent , on top of 10.8 percent growth last year . Store comparable sales increased 18.0 percent , on top of 0.9 percent growth last year . Digital comparable sales grew 50 percent , on top of 141 percent growth a year ago . Same - day services ( Order Pickup , Drive Up and Shipt ) grew more than 90 percent , led by growth in Drive Up of 123 percent . More than 95 percent of Target's first quarter sales were fulfilled by its stores . The Company gained more than $ 1 billion in market share in the first quarter , on top of a $ 1 billion share gain in first quarter 2020 . First quarter GAAP EPS of $ 4.17 was 643.2 percent higher than last year . First quarter Adjusted EPS¹ of $ 3.69 was 525.0 percent higher than last year . For additional media materials , please visit : https://corporate.target.com/article/2021/05/q1-2021-earnings ● O O O TARGET O MINNEAPOLIS ( May 19 , 2021 ) - Target Corporation ( NYSE : TGT ) today announced its first quarter 2021 financial results , which reflected robust growth in both sales and profitability . The Company reported first quarter GAAP earnings per share ( EPS ) of $ 4.17 , up 643.2 percent from $ 0.56 in 2020. First quarter Adjusted EPS of $ 3.69 , which excluded a $ 0.53 gain on the sale of Dermstore , grew 525.0 percent compared with $ 0.59 in 2020. The attached tables provide a reconciliation of non - GAAP to GAAP measures . All earnings per share figures refer to diluted EPS . - more - ¹Adjusted EPS , a non - GAAP financial measure , excludes the impact of certain discretely managed items . See the tables of this release for additional information about the items that have been excluded from Adjusted EPS .