🔹 EPS: $2.41 (Est. $2.26) 🟢
🔹 Revenue: $30.9B (Est. $30.89B) 🟢
🔹 Comparable Sales: +1.5% (Est. +1.8%) 😑
FY25 Guidance:
🔹 EPS: $8.80 - $9.80 (Est. $9.24) 😑
🔹 Revenue Growth: ~1%
🔹 Comparable Sales Growth: ~Flat
🔹 Operating Margin: Modest Increase
Outlook:
🔸 Expects a 'meaningful' drop in Q1 profit compared to the year-ago period as it contends with 'ongoing consumer uncertainty,' soft sales in February, and concerns around tariffs
Q4 Key Metrics:
🔹 S.S.S (Stores: -0.5%, Digital: +8.7%)
🔹 EBITDA: $2.26B (Est. $2.14B) 🟢
🔹 Operating Margin: 4.7% (5.8% YoY)
🔹 Gross Margin: 26.2% (26.6% YoY)
🔹 SG&A Expense: 19.4% of revenue (18.8% YoY)
Q4 Segment Performance (YoY):
🔹 Apparel & Accessories: $4.34B (-1.5%)
🔹 Beauty: $3.44B (+0.6%)
🔹 Food & Beverage: $6.52B (-3.7%)
🔹 Hardlines: $6.15B (-0.7%)
🔹 Household Essentials: $4.79B (-5.1%)
🔹 Home Furnishings: $5.09B (-8.0%)
Strategic & Business Updates:
🔹 Digital Sales Growth: +8.7% in Q4
🔹 Same-Day Delivery Growth: +25% YoY
🔹 $2B+ in Cost Savings Over Two Years
🔹 $506M Share Buybacks in Q4
🔹 Dividend Payout: $513M (+1.8% YoY)
CEO Brian Cornell’s Commentary:
🔸 "We delivered better-than-expected sales and profitability, led by strong performance in Beauty, Apparel, and Toys. As we move forward, investments in digital, supply chain, and in-store experience will further strengthen Target’s competitive edge.”