Target (TGT) Q1 2026 Earnings Call May 21, 2025 08:00 AM ET Speaker0 Ladies and gentlemen, thank you for standing by. Welcome to the Target Corporation First Quarter Earnings Release Conference Call. During the presentation, all participants will be in a listen only mode. Afterwards, we will invite you to participate in a question and answer session. At the close of prepared remarks, we will open the queue for Q and A session. As a reminder, this conference is being recorded, Wednesday, 05/21/2025. I would ...

DALY CITY, CA - AUGUST 13: School teacher Liza Gleason shops for back to school supplies at a ... More Target store August 13, 2008 in Daly City, California. With stores gearing up for back to school shopping, the Commerce Department reported today that retail sales fell 0.1 percent in July, the first time in five months. (Photo by Justin Sullivan/Getty Images)Getty ImagesThe first few months of 2025 were bumpy for many big retailers and the US stock market. The world had to adjust to tariffs and GDP contra ...

Target (TGT) came out with quarterly earnings of $1.30 per share, missing the Zacks Consensus Estimate of $1.62 per share. This compares to earnings of $2.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -19.75%. A quarter ago, it was expected that this retailer would post earnings of $2.25 per share when it actually produced earnings of $2.41, delivering a surprise of 7.11%.Over the last four quarters, the company has surpa ...

Getty Images Target reported disappointing earnings on lower transactions (Photo by Mario Tama/Getty Images) Key Takeaways Stocks ended a six-day win streak on Tuesday. The S&P 500 and Nasdaq Composite both fell by 0.4%. The Dow Jones Industrial Average lost 0.3% and the Russell 2000 was unchanged. Although volumes were light, we are getting some interesting earnings reports in the retail sector. On Tuesday, Home Depot reported earnings that missed expectations, sending the stock down 0.5% for the day. This ...

Financial Performance - First quarter 2025 GAAP earnings per share (EPS) was $2.27, up from $2.03 in 2024, while adjusted EPS was $1.30[3]. - Net sales for the first quarter were $23.8 billion, a decrease of 2.8% compared to $24.5 billion in 2024[4]. - Comparable sales decreased by 3.8%, with a 5.7% decline in comparable store sales and a 4.7% increase in comparable digital sales[7]. - First quarter operating income was $1.5 billion, reflecting a 13.6% increase from the previous year[7]. - The first quarter gross margin rate was 28.2%, down from 28.8% in 2024, due to higher markdown rates and increased digital fulfillment costs[9]. - Adjusted diluted earnings per share (EPS) for the three months ended May 3, 2025, was $1.30, a decrease of 35.9% compared to $2.03 for the same period in 2024[30]. - Net earnings for the three months ended May 3, 2025, were $1,036 million, reflecting a 10.0% increase from $942 million for the same period in 2024[31]. - EBIT for the three months ended May 3, 2025, was $1,498 million, an increase of 13.0% compared to $1,325 million for the same period in 2024[31]. - After-tax return on invested capital (ROIC) for the trailing twelve months ended May 3, 2025, was 15.1%, down from 15.4% for the same period in 2024[34]. Sales and Guidance - The company expects a low-single digit decline in sales for fiscal 2025, with GAAP EPS guidance of $8.00 to $10.00 and adjusted EPS of approximately $7.00 to $9.00[6]. - The company provided full-year 2025 GAAP diluted EPS guidance of approximately $8.00 to $10.00, with adjusted diluted EPS guidance of $7.00 to $9.00[30]. - Net sales for the three months ended May 3, 2025, were $23,846 million, a decrease of 2.8% compared to $24,531 million for the same period in 2024[23]. - Comparable sales decreased by 3.8% for the three months ended May 3, 2025, compared to a decrease of 3.7% for the same period in 2024[27]. - Digitally originated comparable sales increased by 4.7% for the three months ended May 3, 2025, compared to an increase of 1.4% for the same period in 2024[27]. Shareholder Returns - Target paid dividends of $510 million in the first quarter, a 1.8% increase from $508 million in the previous year[11]. - The company repurchased $251 million of its shares, retiring 2.2 million shares at an average price of $114.60[12]. Strategic Initiatives - The company established a multi-year acceleration office to enhance decision-making speed and support growth initiatives[5]. - Digital comparable sales growth was driven by a 36% increase in same-day delivery through Target Circle 360[5].

Core Points - Target Hospitality Corp has been awarded a multi-year contract valued at $4.0 billion for Emergency Detention and Related Services, supporting U.S. government immigration initiatives [1][2][3] - The contract period extends through May 16, 2027, and is aimed at enhancing the Department of Homeland Security and U.S. Immigration and Customs Enforcement's emergency detention capabilities [2][3] - This award positions Target to pursue additional growth opportunities beyond its existing asset portfolio, aligning with government initiatives [3][4] Company Overview - Target Hospitality is one of North America's largest providers of vertically integrated modular accommodations and hospitality services, offering a range of value-added solutions [5] - The company builds, owns, and operates a network of communities tailored for various end users, including services like food management, logistics, and security [5]

MINNEAPOLIS, May 21, 2025 /PRNewswire/ -- Target Corporation (NYSE: TGT) announced today it has established a multi-year Enterprise Acceleration Office to drive even greater speed and agility across the company, positioning Target to deliver faster progress on its roadmap for growth. Michael Fiddelke, chief operating officer, will oversee this effort to improve how functions work together to advance key priorities, ranging from simplifying cross-company processes to using technology and data in new ways to ...

Cabral Gold Drills 49m @ 2.0 g/t Gold at the Jerimum Cima Target, Cuiú Cuiú Gold District, Brazil May 21, 2025 6:30 AM EDT | Source: Cabral Gold Inc. Vancouver, British Columbia--(Newsfile Corp. - May 21, 2025) - Cabral Gold Inc. (TSXV: CBR) (OTC Pink: CBGZF) ("Cabral" or the "Company") is pleased to announce drill results from 11 RC drill holes and one trench recently completed at the Jerimum Cima target within the district-scale Cuiú Cuiú gold project. Highlights Alan Carter, Cabral's President and CEO co ...

Risk-averse investors often avoid individual stocks, even those of well-established, slow-growth companies like Target (TGT 0.33%). Indeed, no stock is risk-free, and even the top retailers cannot completely rule out the possibility of failure, even in the case of an established company like Target. However, investors have several options for mitigating the worst effects of such possibilities, and with that, may have some incentive to take a chance on Target. Here's why investors should buy shares regardles ...

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