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 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 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'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%).
Target closes $1.0B issuance of 5.000% Notes due 2035
$1.0 billion aggregate principal of 5.000% Notes due 2035 issued.
Target Q4 EPS $2.41, comp sales +1.5%; FY2025 guidance EPS $8.80-$9.80
Q4 GAAP and Adjusted EPS $2.41, down from $2.98 a year ago; Net Sales $30.9B (-3.1% due to extra week).
Target Q3 EPS $1.85 down 11.9% YoY; comp sales +0.3% with 10.8% digital growth
GAAP/Adjusted EPS $1.85 vs $2.10 prior year, below guidance implied by prior trend.
Target appoints Jim Lee as EVP and CFO effective September 22, 2024
Jim Lee, former PepsiCo deputy CFO, named Target EVP and CFO, effective Sept 22, 2024.
Target Q2 EPS $2.57 (+43% YoY) on revenue $25.5B; raises full-year EPS guidance to $9.00-$9.70
GAAP & Adjusted EPS $2.57 vs $1.80 last year; operating income $1.6B (+36.6%).
Transition Agreement signed Aug 12, 2024, effective Aug 24, 2024, ending May 24, 2025.
Target Q1 EPS $2.03, revenue $24.5B; comparable sales down 3.7% in line with expectations
Q1 GAAP and Adjusted EPS $2.03 vs $2.05 a year ago; revenue $24.5B down 3.1% YoY.
Target Q4 GAAP EPS $2.98, beats high-end of guidance; Q1 2024 comp sales seen down 3-5%
Q4 GAAP & adjusted EPS $2.98 vs $1.89 last year, above guidance of $1.90–$2.60.
GAAP and Adjusted EPS of $2.10, up 36.3% YoY, above high end of guidance range.
Target Q2 GAAP EPS $1.80 beats guidance; sales miss, FY guidance cut
Q2 GAAP & adjusted EPS $1.80 vs $0.39 a year ago, above high end of guidance.
Target Q1 adjusted EPS $2.05 (down 6%) on flat comps; guides Q2 EPS $1.30-$1.70
GAAP/Adjusted EPS $2.05 (down 4.8%/6.2% YoY); revenue $25.3B (+0.6%) with flat comparable sales.
Target Q4 EPS $1.89, down 41% YoY; FY22 EPS $5.98; FY23 guidance $7.75-$8.75
Q4 GAAP EPS $1.89 (down 41% YoY); adjusted EPS $1.89; full-year GAAP EPS $5.98 (down 58% YoY).
Target Q3 EPS $1.54 (-49% YoY); lowers Q4 guidance; announces $2-3B efficiency plan
GAAP EPS $1.54 vs $3.04 last year; revenue $26.5B (+3.4%); comparable sales +2.7%.
Target Q2 EPS $0.39 (-89% YoY); operating margin 1.2% on inventory markdowns
GAAP diluted EPS $0.39, down 89.2% from $3.65; adjusted EPS also $0.39.
Target Q1 EPS $2.16 (-48% YoY); operating margin 5.3% vs 9.8%; FY margin guided ~6%
GAAP EPS $2.16 down 48.2% YoY; adjusted EPS $2.19 down 40.7%.
Q4 GAAP EPS $3.21 vs $2.73 YoY, adjusted EPS $3.19; full-year GAAP EPS $14.10 (+63% YoY).
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.
On April 7, 2025, Mr. Liu notified Target of his voluntary termination of the Transition Agreement in accordance with the terms thereof, effective April 18, 2025.
On September 19, 2024, Target Corporation (“Target”) announced that Jim Lee has been appointed to the position of Executive Vice President and Chief Financial Officer, effective September 22, 2024.
This Form 8-K/A amends the Form 8-K filed by Target Corporation (“Target”) on January 18, 2024, which reported the intention of Don H. Liu, Executive Vice President and Chief Legal & Compliance Officer, to retire from Target.
On January 16, 2024, Target Corporation (“Target”) appointed Michael J. Fiddelke to the position of Executive Vice President and Chief Operating Officer, effective February 4, 2024.
As previously disclosed, John J. Mulligan, Target’s current Executive Vice President and Chief Operating Officer, will step down from those positions, effective February 4, 2024 in conjunction with Mr. Fiddelke’s appointment, and will continue to be employed by Target as a non-executive officer in a strategic advisor role until February 1, 2025.
On January 16, 2024, Don H. Liu, Executive Vice President and Chief Legal & Compliance Officer (CLCO), informed Target of his intention to retire as Target’s CLCO in 2024.
On November 8, 2023, Target and Mr. Mulligan entered into an agreement (the “Transition Agreement”) providing that Mr. Mulligan will be employed by Target as a non-executive officer in a strategic advisor role, commencing February 3, 2024 (or a later date as mutually agreed) and ending February 1, 2025.
On October 11, 2023, John J. Mulligan, Executive Vice President and Chief Operating Officer (COO), informed Target of his intention to retire as Target’s COO in February 2024.
On February 14, 2023, Melanie L. Healey informed the Board of Directors (the “Board”) of Target Corporation (“Target”) that she will not stand for re-election at Target's 2023 annual meeting of shareholders, which is expected to take place in June 2023 (the “2023 Annual Meeting”).
On August 10, 2022, the Board of Directors of Target Corporation (“Target”) elected Grace Puma as a director of Target and appointed Ms. Puma to serve on the Audit & Risk and Infrastructure & Finance Committees, each effective August 10, 2022.
Max materiality 0.90 · Median 0.57 · Most common event earnings