secwatch.observer — SEC 8-K summary
======================================

Issuer:     TARGET CORP (TGT)
CIK:        0000027419
Form:       8-K
Filed at:   2025-05-21T23:59:59+00:00
Accession:  0000027419-25-000096
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Target Q1: comparable sales -3.8%; adj EPS $1.30; FY25 guidance reduced to low-single digit sales decline
--------------------------------------------------------------------------------

- Net sales $23.8B, down 2.8% YoY; comparable sales -3.8% (store -5.7%, digital +4.7%).
- GAAP EPS $2.27 (incl $593M pretax litigation gain); adjusted EPS $1.30 vs $2.03 last year.
- FY2025 guidance: low-single digit sales decline; GAAP EPS $8.00-$10.00; adj EPS ~$7.00-$9.00.
- Established acceleration office led by Michael Fiddelke to speed strategy execution.
- Q1 dividends $510M, share repurchases $251M; ROIC 15.1% vs 15.4% TTM.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/27419/000002741925000096/0000027419-25-000096-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/27419/000002741925000096/tgt-20250521.htm
  HTML page:      https://secwatch.observer/filing/0000027419-25-000096

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer