Q: Does Target own Costco?
A: No, Costco and Target are two separate publicly traded companies. Costco trades on the NASDAQ under the ticker symbol COST. Target trades on the New York Stock Exchange under the symbol TGT. If Target owned all or a significant portion of Costco, Costco would no longer trade as its own company. Rather, Target would acquire the shares of Costco and they would would continue to trade under the parent company TGT.
Costco is actually a much bigger company in terms of market capitalization compared to Target. As of the date of this article, Costco’s market capitalization was approximately $126.54 billion compared to Target’s $54.97 billion market capitalization. Without completing an unnecessary financial analysis of the two companies for the sake of this article, we would speculate that if ever one company were to own the other, Costco would takeover Target. Howerever, keep in mind we are not suggesting that this will ever happen.
Target owns the following subsidiaries. They may own additional subsidiaries, but they were not significant enough to be disclosed:
- Target Brands
- Target Capital Corporation
- Target Enterprise, Inc.
- Target General Merchandise
The company also owns the following brands in the table below. Some brands that frequent Target shoppers are likely familiar with are Archer Farmers and Market Pantry.
|A New Day||Joy Lab||Smarty|
|Archer Farms||Knox Rose||Smith & Hawken|
|Art Class||Kona Sol||Sonia Kashuk|
|Ava & Viv||Made By Design||Spritz|
|Boots & Barkley||Market Pantry||Sutton & Dodge|
|Cat & Jack||Pillowfort||up & up|
|Embark||Prologue||Who What Wear|
|Gilligan & O'Malley||Project 62||Wild Fable|
|Goodfellow & Co||Room Essentials||Wine Cube|
|heyday||Shade & Shore||Wondershop|
|Hyde & Eek! Boutique||Simply Balanced||Xhilaration|
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Target Image Credit: Mike Mozart