Target Earnings Reports

Target saw a 2.8% drop in revenue and a 3.8% decline in comparable sales in Q1 2025. However, GAAP EPS rose to $2.27, bolstered by a $593M litigation settlement. Digital sales were a bright spot, led by strong growth in same-day delivery.

Target's Q4 2024 revenue was $30.92 billion, reflecting a 3.1% decline due to an extra week in Q4 2023. Comparable sales increased by 1.5%, supported by digital sales growth of 8.7%. Net income decreased by 20.2% to $1.10 billion, while EPS stood at $2.41. Operating income margin was impacted by higher digital fulfillment costs and increased promotional activity.