Shares of Target Corp TGT were trading lower on Tuesday, after the company reported its fourth-quarter results.The results came in amid an exciting earnings season. Here are some key analyst takeaways.Telsey Advisory Group On TargetAnalyst Joseph Feldman reiterated an Outperform rating and price target of $150.Target reported its fourth-quarter earnings at $2.41 per share, beating consensus of $2.26 per share, with in-line comps and better-than-expected operating margins, Feldman said in a note. Although tr ...

Target plans to double down on its third-party marketplace, media network and same day delivery services to drive more than $15 billion in revenue growth over the next five years, it said Tuesday at an investor meeting in New York City. The retailer's plans to grow its business and better compete against rivals like Walmart and Amazon come as Target finds itself in a rough patch, struggling to grow sales of high-margin discretionary merchandise and reclaim its competitive advantage. Shares of Target fell mo ...

Good earnings news wasn't great news for Target (TGT -6.28%) stock this morning, after the big-box retailer announced a sizable earnings beat Tuesday, then saw its stock sell off.Analysts forecast Target would earn $2.25 per share on fiscal fourth-quarter sales of $30.4 billion (Target's fiscal year ended Feb. 1, 2025). In fact, Target earned $2.41 per share, and sales exceeded $30.9 billion. Regardless, Target shares were down 5.2% through 10 a.m. ET. Target Q4 earningsTarget noted that its same-store sale ...

For the quarter ended January 2025, Target (TGT) reported revenue of $30.92 billion, down 3.2% over the same period last year. EPS came in at $2.41, compared to $2.98 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $30.77 billion, representing a surprise of +0.48%. The company delivered an EPS surprise of +7.11%, with the consensus EPS estimate being $2.25.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street exp ...

Yum Brands Inc. said Tuesday it expects first-quarter same-store sales growth at Taco Bell to outpace its overall pace as it plans to grow the fast-food chain’s footprint.Yum Brands YUM said it expects first-quarter same-store sales growth of 8% for Taco Bell. That’s well ahead of the 2.7% FactSet consensus estimate for Yum Brands’ companywide same-store sales growth. ...

Americans can expect to pay higher prices in the coming days for produce such as strawberries, bananas and avocados that are imported from Mexico as President Trump’s tariffs go into effect on Tuesday, according to Target’s chief executive officer.The Minneapolis-based retailer warned that new tariffs and economic uncertainty would pressure its first-quarter profits, as consumers continue to pull back on spending. Target CEO Brian Cornell expressed concerns about the impact of rising duties, particularly on ...

Target (TGT) came out with quarterly earnings of $2.41 per share, beating the Zacks Consensus Estimate of $2.25 per share. This compares to earnings of $2.98 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.11%. A quarter ago, it was expected that this retailer would post earnings of $2.29 per share when it actually produced earnings of $1.85, delivering a surprise of -19.21%.Over the last four quarters, the company has surpa ...

Shares of Target Corp. were gearing up for a gain in early Tuesday trading after the discount retailer bucked a recent trend of warnings by providing a full-year earnings outlook that was in line with expectations.The company said that fiscal-first-quarter profit could see “meaningful” pressure due to tariff uncertainty and the timing of certain costs, but results should improve the rest of the year. ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

Financial Performance - Full-year 2024 Net Sales decreased by 0.8% to $106.6 billion from $107.4 billion in 2023[11] - Fourth quarter Net Sales were $30.9 billion, a decline of 3.1% compared to the same quarter in 2023[10] - Fourth quarter GAAP and Adjusted EPS were $2.41, down 19.3% from $2.98 in 2023[5] - Full-year GAAP and Adjusted EPS were $8.86, a decrease of 0.9% from $8.94 in the prior year[5] - Target Corporation reported net earnings of $4,091 million for the twelve months ended February 1, 2025, a slight decrease from $4,138 million in the previous year[27] - Net earnings for Q4 2023 were $1,103 million, down 20.2% from $1,382 million in Q4 2024[34] - EBIT for Q4 2023 was $1,496 million, reflecting a 21.0% decline from $1,893 million in Q4 2024[34] - EBITDA for Q4 2023 was $2,262 million, a decrease of 13.7% compared to $2,622 million in Q4 2024[34] Sales and Growth - Digital comparable sales grew by 8.7% in the fourth quarter, with Same-Day delivery increasing over 25%[4] - Full-year comparable sales growth was 0.1%, with traffic increasing by 1.4% across stores and digital channels[4] - Comparable sales increased by 1.5% in the three months ended February 1, 2025, compared to a decline of 4.4% in the same period last year[30] - Digitally originated comparable sales rose by 8.7% in the three months ended February 1, 2025, while stores originated comparable sales decreased by 0.5%[30] Operating Income and Expenses - The company's operating income for the fourth quarter was $1.5 billion, a decrease of 21.3% from $1.9 billion in 2023[10] - Cash provided by operating activities was $7,367 million for the twelve months ended February 1, 2025, down from $8,621 million in the prior year[27] - Total depreciation and amortization for Q4 2023 was $766 million, an increase of 5.2% from $729 million in Q4 2024[34] - Net interest expense for Q4 2023 was $90 million, down 15.6% from $107 million in Q4 2024[34] Assets and Liabilities - Total assets increased to $57,769 million as of February 1, 2025, compared to $55,356 million as of February 3, 2024[25] - Total current liabilities increased to $20,799 million as of February 1, 2025, from $19,304 million as of February 3, 2024[25] - The current portion of long-term debt and other borrowings increased to $1,636 million from $1,116 million year-over-year[36] Efficiency and Cost Management - Target has achieved over $2 billion in cost savings through ongoing efficiency efforts over the last two years[4] - After-tax return on invested capital (ROIC) for the trailing twelve months ended February 1, 2025, was 15.4%, down from 16.1% for the prior year[36] - Invested capital as of February 1, 2025, was $29,779 million, up from $29,273 million in the previous year[36] Future Guidance - The company expects full-year 2025 GAAP and Adjusted EPS to be in the range of $8.80 to $9.80[9] - Full year 2025 GAAP diluted EPS guidance is projected to be between $8.80 and $9.80[33] Store Operations - The number of stores increased to 1,978 as of February 1, 2025, compared to 1,956 stores as of February 3, 2024[31] - Target Circle Card penetration decreased to 17.6% in the three months ended February 1, 2025, from 18.4% in the same period last year[31] - The company repurchased $1,007 million in stock during the twelve months ended February 1, 2025[27]