earnings
confidence high
sentiment negative
materiality 0.80
Target Q2 EPS $2.05 down 20% YoY; sales slip 0.9%; board names Michael Fiddelke CEO
TARGET CORP
2025-Q2 EPS reported
$4.32
revenue$49,057,000,000
- Q2 GAAP/Adj EPS $2.05, down from $2.57 YoY; net sales $25.2B, -0.9%.
- Comparable sales -1.9%, digital comp +4.3%, store comp -3.2%.
- Gross margin 29.0% vs 30.0%; operating income $1.3B, -19.4%.
- FY2025 guidance: GAAP EPS $8.00-$10.00, Adj EPS ~$7-$9; sales low-single-digit decline.
- Board appoints Michael Fiddelke as next CEO; Brian Cornell expresses confidence.
item 2.02item 9.01