earnings
confidence high
sentiment neutral
materiality 0.75
Target Q4 EPS $2.41, comp sales +1.5%; FY2025 guidance EPS $8.80-$9.80
TARGET CORP
2024-FY EPS reported
$8.86
revenue$106,566,000,000
- Q4 GAAP and Adjusted EPS $2.41, down from $2.98 a year ago; Net Sales $30.9B (-3.1% due to extra week).
- Full-year 2024 EPS $8.86 vs $8.94; Net Sales $106.6B (-0.8%); comparable sales +0.1%.
- FY2025 guidance: EPS $8.80-$9.80, net sales growth ~1%, operating margin rate modest increase.
- Cost savings of more than $2B over two years from efficiency efforts; Q1 sees profit pressure.
- Q4 share repurchases $506M; dividend increase 1.8% to $1.12 per share quarterly.