the chapter as a company that has a high degree of seasonality
Target was mentioned in the chapter as a company that has a high degree of seasonality (and associated working capital issues). Letâs use the Internet to examine the seasonality. Go to www.target.com . Scroll to the bottom of the page, and under the âAbout Targetâ heading, click on âInvestor Relations.â At the top of the page, hold your mouse over âInvestorsâ and select âAnalyst Coverageâ from the drop-down menu. Scroll down to âAnalyst Forecastsâ and âActuals.â You will see historical and projected data for both quarterly and annual periods.Based on the observed data, which of the four quarters (Qs) is normally best for Target? Please give the reason why.Which quarter is normally the worst? This may be a close call.Taking the most recent year in which there are four quarters of data shown, what percentage of total fiscal year earnings does the best quarter represent?
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