Target Missed Expectations

Target (TGT) reported earnings of $1.30 per share on revenue of $23.85 billion for the fiscal first quarter ended April 2025. The consensus earnings estimate was $1.62 per share on revenue of $24.54 billion. The Earnings Whisper number was $1.62 per share. The company missed expectations by 19.75% while revenue fell 2.79% compared to the same quarter a year ago.

The company said it expects fiscal 2026 earnings of $7.00 to $9.00 per share on revenue of approximately $103.9 billion. The company's previous guidance was earnings of $8.80 to $8.90 per share on revenue of approximately $107.63 billion and the current consensus earnings estimate is $8.54 per share on revenue of $107.38 billion for the year ending January 31, 2026.

Target Corp is engaged in operating general merchandise discount stores in the United States.