Compared to Estimates, Target (TGT) Q1 Earnings: A Look at Key Metrics

Core Insights - Target reported revenue of $23.85 billion for the quarter ended April 2025, a decrease of 2.8% year-over-year, and EPS of $1.30, down from $2.03 in the same quarter last year [1] - The revenue fell short of the Zacks Consensus Estimate of $24.23 billion, resulting in a surprise of -1.58%, while the EPS also missed the consensus estimate of $1.62 by -19.75% [1] Financial Performance - Comparable store sales decreased by 3.8%, compared to an estimated decline of 1.9% by analysts [4] - Total number of stores was 1,981, slightly below the average estimate of 1,983 [4] - Total retail square footage was 248.66 million square feet, compared to the average estimate of 249.22 million square feet [4] - Digitally originated comparable sales increased by 4.7%, falling short of the average estimate of 8.3% [4] - Total revenue from sales was $23.85 billion, compared to the average estimate of $24.09 billion, reflecting a year-over-year change of -1.2% [4] Market Performance - Target's shares returned +4.3% over the past month, underperforming the Zacks S&P 500 composite's +12.7% change [3] - The stock currently holds a Zacks Rank 5 (Strong Sell), indicating potential underperformance relative to the broader market in the near term [3]