"Fourth-quarter net sales totaled $30.5 billion, down 1.5% from the year-ago period. Comparable sales declined 2.5% - stores fell 3.9% while digital rose 1.9%. Adjusted operating income held roughly flat at $1.5 billion."
"For the full year, net sales slipped 1.7% to $104.8 billion while adjusted EPS landed at $7.57, down from $8.86 in 2024. The numbers reflect a tough 2025, marked by markdowns and purchase-order cancellations."
"Target's new leadership under CEO Michael Fiddelke has zeroed in on three levers - store experience, category focus, and digital speed. Food and beverage, beauty, and toys posted sales gains in the quarter even as overall traffic softened."
Target's fourth-quarter net sales reached $30.5 billion, a 1.5% decline from the previous year. Comparable sales fell 2.5%, with store sales down 3.9% and digital sales up 1.9%. Adjusted earnings per share were $2.44, exceeding estimates. For the full year, net sales decreased 1.7% to $104.8 billion, with adjusted EPS at $7.57. Despite challenges, December and February showed improved traffic and sales trends. Target's leadership is focusing on enhancing store experience, category focus, and digital capabilities to drive growth.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]