Target reported Q4 FY2025 net sales of USD 30.5 billion (1.5% lower), with comparable sales down 2.5% (store comp sales down 3.9% and digital comp sales up 1.9%). Q4 operating income was USD 1.4 billion (5.9% lower) and net earnings were USD 1.0 billion (5.2% lower). Q4 GAAP diluted EPS was USD 2.30, while adjusted EPS was USD 2.44 and included USD 0.15 per share of non-recurring business transformation costs. For FY2025, Target posted net sales of USD 104.8 billion (1.7% lower), operating income of USD 5.1 billion (8.1% lower), and net earnings of USD 3.7 billion (9.4% lower). FY2025 GAAP diluted EPS was USD 8.13, while adjusted EPS was USD 7.57, excluding interchange fee settlement gains and business transformation costs. In business highlights, Target said Food & Beverage, Beauty and Toys delivered net sales growth in Q4, with stronger trends in Essentials and Home compared with Q3. Non-merchandise sales grew over 25%, with membership revenue more than doubling, Roundel delivering double-digit growth, and marketplace growing over 30%; same-day delivery powered by Target Circle 360 grew over 30%. The company also said sales and traffic trends accelerated in the last two months of Q4. Target’s FY2026 guidance calls for net sales growth around 2%, operating income margin about 20 basis points above the FY2025 adjusted operating income margin rate of 4.6%, and GAAP and adjusted EPS of USD 7.50 to USD 8.50.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Target Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202603030630PR_NEWS_USPR_____CG99252) on March 03, 2026, and is solely responsible for the information contained therein.