Highest-materiality recent filing
Target Q1 net sales +6.7% YoY, adjusted EPS $1.71 beats prior year adj. $1.30
GAAP and adjusted EPS of $1.71; prior-year GAAP EPS $2.27 included legal gains; adjusted up 32%.
Target Q4 adjusted EPS $2.44, revenue $30.5B; FY2025 GAAP EPS $8.13 vs $8.86
Q4 GAAP EPS $2.30 (incl. $0.15 transformation costs); adjusted EPS $2.44, in line with expectations and up from $2.41 last year.
Target announces exec changes under new CEO Fiddelke; confirms Q4 guidance in line.
Cara Sylvester named chief merchandising officer; Lisa Roath named COO, effective Feb. 15, 2026.
Target appoints Lisa Roath as COO; Rick Gomez to depart as Chief Commercial Officer on Feb 15
Lisa Roath named EVP and COO effective Feb 15, 2026, with base salary of $775,000 and eligibility for leadership team bonus and LTIP.
Target sets CEO Fiddelke compensation: $1.30M salary, $12.1M LTI; Cornell $1.12M as Executive Chair
New CEO Michael Fiddelke gets $1.30M base salary, 200% target STI, and $12.1M target LTI stock award.
Target adds former NIKE Chief Innovation Officer and former HanesBrands CEO to board
John R. Hoke III (ex-NIKE Chief Innovation Officer) elected to Target board effective March 1, 2026.
Target Q3 GAAP EPS $1.51 vs $1.85; net sales $25.3B, down 1.5%
GAAP EPS $1.51, down from $1.85; adjusted EPS $1.78 excludes severance/asset charges.
Target enters $1.0B 364-day credit facility, replaces prior agreement
New facility provides aggregate principal up to $1.0B, expandable by $500M.
Target names COO Michael Fiddelke as CEO effective Feb 2026; Cornell becomes Executive Chair
Board appoints Michael J. Fiddelke as CEO, effective February 1, 2026.
Target Q2 EPS $2.05 down 20% YoY; sales slip 0.9%; board names Michael Fiddelke CEO
Q2 GAAP/Adj EPS $2.05, down from $2.57 YoY; net sales $25.2B, -0.9%.
Target shareholders reelect all 12 directors at 2025 annual meeting; CEO Cornell gets 91% support
Shareholders elected 12 director nominees; Brian C. Cornell received 91.0% for and 9.0% against, lowest support among board.
Target closes $1B debt offering: $500M 4.350% notes due 2028, $500M 5.250% notes due 2036
Issued $500M of 4.350% Notes due 2028 and $500M of 5.250% Notes due 2036.
Target's Chief Strategy and Chief Legal officers step down; no successors named
Christina Hennington, EVP Chief Strategy and Growth Officer, steps down May 25, 2025; will serve as strategic advisor until Sep 7, then depart.
Net sales $23.8B, down 2.8% YoY; comparable sales -3.8% (store -5.7%, digital +4.7%).
Effective as of May 21, 2025, Amy Tu, Executive Vice President and Chief Legal & Compliance Officer, will step down from her role.
Christina Hennington, Executive Vice President and Chief Strategy and Growth Officer, will step down from her role, effective May 25, 2025.
Max materiality 0.80 · Median 0.65 · Most common event leadership