In this articleTGTPeople walk by a Target store in midtown Manhattan in New York City, March 21, 2025.Kylie Cooper | ReutersWhen Target's new CEO Michael Fiddelke steps into the role in early February, he will inherit a company facing slumping sales, faltering customer loyalty and skeptical investors.Its fiscal second-quarter results posted Wednesday illustrated the big-box retailer's key challenges. Sales fell again from the year-ago period. Customer traffic declined. And shoppers spent less on average dur ...

Target Q2 2025 Results Net Sales -0.9% Comparable Sales -1.9% Stores -3.2% Comparable Sales +4.3% Digital Comparable Sales Progress in stores Stores comp sales were up more than 2 percentage points from Q1. growth in same-day delivery. >25% Same-day services grew 3% and ship-to-guest grew >7%. GAAP and Adjusted EPS* $2.05 We're encouraged by our progress in Q2, but we won't be satisfied until Target returns to growth. Topline improvements Traffic and sales trends improved meaningfully from Q1 2025. We saw i ...