Core Viewpoint - Target is set to report its holiday-quarter earnings and share future expectations as the new CEO aims to address the ongoing sales decline [1] Group 1: Earnings Expectations - Analysts expect Target's fiscal fourth quarter earnings per share to be $2.15 and revenue to be $30.48 billion [4] - The company anticipates a low single-digit percentage decline in sales for the fourth quarter and projects adjusted earnings per share for fiscal 2025 to range between $7 and $8, down from $8.86 in the previous fiscal year [2][3] Group 2: Company Strategy and Challenges - Target is attempting to reverse several years of disappointing results attributed to both internal missteps and external economic factors, with annual sales remaining roughly flat for four years following a significant increase during the Covid pandemic [3]
Target is set to report quarterly earnings, share turnaround plan. Here's what to expect