secwatch.observer — SEC 8-K summary
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Issuer:     TARGET CORP (TGT)
CIK:        0000027419
Form:       8-K
Filed at:   2025-11-19T23:59:59+00:00
Accession:  0000027419-25-000123
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Target Q3 GAAP EPS $1.51 vs $1.85; net sales $25.3B, down 1.5%
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- GAAP EPS $1.51, down from $1.85; adjusted EPS $1.78 excludes severance/asset charges.
- Comparable sales fell 2.7%; digital comp up 2.4% with same-day delivery growth >35%.
- Non-merchandise sales up ~18% led by Roundel, membership and marketplace.
- Full-year adjusted EPS guidance $7.00-$8.00; Q4 sales expected low-single digit decline.
- ROIC 13.4% vs 15.9% TTM; paid $518M dividends, repurchased $152M in shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/27419/000002741925000123/0000027419-25-000123-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/27419/000002741925000123/tgt-20251119.htm
  HTML page:      https://secwatch.observer/filing/0000027419-25-000123

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