Target (TGT) 8-K Other Events

Exhibit 99.A

CONSOLIDATED RESULTS OF OPERATIONS

	Three Months Ended												Year Ended
(Millions, except per share data)	May 1 2004		,	July 31 2004		,	October 30 2004		,	January 29 2005		,	January 29 2005		,
	(unaudited)
Sales	$	9,909		$	10,277		$	10,619		$	14,877		$	45,682
Net credit card revenues	271			279			290			317			1,157
Total revenues	10,180			10,556			10,909			15,194			46,839
Cost of sales	6,769			7,009			7,319			10,348			31,445
Selling, general and administrative expense	2,172			2,289			2,448			2,888			9,797
Credit card expense	174			173			185			205			737
Depreciation and amortization	292			299			324			344			1,259
Earnings from continuing operations before interest expense and income taxes	773			786			633			1,409			3,601
Net interest expense	143			207			113			107			570
Earnings from continuing operations before income taxes	630			579			520			1,302			3,031
Provision for income taxes	238			219			196			493			1,146
Earnings from continuing operations	392			360			324			809			1,885
Earnings from discontinued operations, net of $25, $19, $2 and $46 tax	40			31			4			—			75
Gain on disposal of discontinued operations, net of $650, $132, $(21) and $761 tax	—			1,019			203			16			1,238
Net earnings	$	432		$	1,410		$	531		$	825		$	3,198
Basic earnings per share:
Continuing operations	$	0.43		$	0.40		$	0.36		$	0.91		$	2.09
Discontinued operations	0.04			0.03			—			—			0.08
Gain from discontinued operations	—			1.12			0.23			0.01			1.37
Basic earnings per share	$	0.47		$	1.55		$	0.59		$	0.92		$	3.54
Diluted earnings per share:
Continuing operations	$	0.43		$	0.39		$	0.36		$	0.90		$	2.07
Discontinued operations	0.04			0.03			—			—			0.08
Gain from discontinued operations	—			1.11			0.23			0.01			1.36
Diluted earnings per share	$	0.47		$	1.53		$	0.59		$	0.91		$	3.51
Weighted average common shares outstanding:
Basic	912.6			911.5			896.0			895.3			903.8
Diluted	921.4			919.2			905.0			903.0			912.1