We lowered our fair value estimate on Target to $123, from $135, following the firm’s fiscal 2025 first-quarter earnings release. The retailer delivered underwhelming results as comparable sales ...

Quarterly sales fell 2.8% from last year to $23.85 billion, and that was short of the $24.23 billion Wall Street expected, according to FactSet. Target earned $1.04 billion, or $2.27 per share ...

Target cut its annual sales projections Wednesday. The company now expects a low-single digit decline for 2025 after projecting a 1% increase for sales in March.

For the year, analysts expect earnings per share of $8.34 on sales of $106.7 billion, on average. Comparable store sales, those from established stores and online channels, fell 3.8%.

Quarterly sales fell 2.8% from last year to $23.85 billion, and that was short of the $24.23 billion Wall Street expected, according to FactSet. Target earned $1.04 billion, or $2.27 per share ...

Target cut its annual sales projections Wednesday. The company now expects a low-single digit decline for 2025 after projecting a 1% increase for sales in March. It also forecast annual per-share ...