- Net pre-tax data breach expenses of $111 million, or (11) cents per share 2;
- Pre-tax early debt retirement losses of $285 million, or (27) cents per share 2;
- Pre-tax impairment losses on undeveloped U.S. land of $16 million, or (1) cent per share, and;
- A (1)-cent impact related to the reduction of the beneficial interest asset 2.
Target Corporation (NYSE:TGT) today reported second quarter Adjusted earnings per share 1 of $0.78, a decrease of 20.6 percent from $0.98 per share in 2013, and GAAP earnings per share of $0.37. In addition to operating results, second quarter GAAP earnings per share reflect: