"Here's what the big box retailer reported for its Q3 2025: Net sales: $25.3 billion (down 1.4% from the same period in 2024) Adjusted earnings per share (EPS): $1.78 (down from $1.85 in the same period in 2024) Operating income: $948 million (down 18.9%) Net earnings: $689 million (down 19.3%) To put those first two all-important metrics into perspective, net sales came in below what analysts were expecting, but the company's adjusted earnings per share came in slightly above."
"One bright spot in Target's Q3 results was digital comparable sales, which increased 2.4%. Announcing the company's Q3 2025 earnings, Target's incoming CEO, Michael Fiddelke, who takes the helm in February, said, "Thanks to the incredible work and dedication of the Target team, our third quarter performance was in line with our expectations, despite multiple challenges continuing to face our business.""
Target reported Q3 fiscal 2025 net sales of $25.3 billion, down 1.4% year-over-year, and adjusted EPS of $1.78, down from $1.85. Operating income declined 18.9% to $948 million and net earnings fell 19.3% to $689 million. Revenue missed analyst projections while adjusted EPS slightly beat expectations. Digital comparable sales increased 2.4%. Persistent sales declines reflect cautious consumer discretionary spending amid inflationary pressures and intensified competition across retail. Incoming CEO Michael Fiddelke characterized the quarter as being in line with expectations despite ongoing challenges facing the business.
Read at Fast Company
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