TGT
Target Corporation97.67
+0.11+0.11%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
44.38BP/E (TTM)
11.84Basic EPS (TTM)
8.25Dividend Yield
0.05%Recent Filings
10-Q
8-K
8-K
Target renews $1B credit line
Target Corporation secured a fresh 364-day credit facility on October 9, 2025, committing up to $1.0 billion from a syndicate led by Bank of America, with potential expansion to $1.5 billion. This replaces the prior agreement expiring in 2025, offering flexible borrowings at base or term SOFR rates plus margins tied to debt ratings, alongside standard covenants including a leverage ratio limit. Yet the facility expires swiftly. No immediate draws disclosed.
10-Q
Q2 FY2026 results
Target's Q2 net sales dipped 0.9% y/y to $25.2B, with comparable sales off 1.9%, yet digitally originated sales rose 4.3% while stores fell 3.2%. Operating income slid 19.4% y/y to $1.3B, gross margin narrowed to 29.0% from 30.0% amid higher markdowns and supply chain costs, but SG&A held steady at 21.3%. Diluted EPS dropped 20.2% y/y to $2.05, consistent with 456M shares. YTD, sales fell 1.9% y/y to $49.1B, operating income eased 4.8% to $2.8B, and EPS declined 6.1% to $4.32, boosted by $593M interchange fee gains in Q1. Cash from operations totaled $2.4B YTD, free cash flow $494M (derived), with $4.3B cash and $16.5B total debt after issuing $2B new notes. Tariffs on half of imported goods pose pricing risks.
8-K
Target Q2 earnings and CEO shift
Target Corporation reported second quarter 2025 net sales of $25.2 billion, down 0.9 percent from 2024, with comparable sales off 1.9 percent amid store traffic declines, yet digital sales rose 4.3 percent on strong same-day delivery growth. GAAP and adjusted EPS fell 20.2 percent to $2.05, pressured by higher markdowns and costs, but offset by tight expense controls. The board unanimously appointed Michael Fiddelke as next CEO, signaling steady leadership amid recovery signs. Fiscal 2025 guidance holds at low-single-digit sales drop and adjusted EPS of $7.00 to $9.00.
IPO
Website
Employees
Sector
Industry
BIGGQ
Big Lots, Inc.
0.00+0.00
COST
Costco Wholesale Corporation
860.39-0.17
DG
Dollar General Corporation
134.51+1.58
DLTR
Dollar Tree, Inc.
131.15-0.02
KSS
Kohl's Corporation
22.95+0.77
OLLI
Ollie's Bargain Outlet Holdings
109.80-3.19
PSMT
PriceSmart, Inc.
128.77-1.09
TBBB
BBB Foods Inc.
32.36-0.69
TJX
TJX Companies, Inc. (The)
155.09-1.62
WMT
Walmart Inc.
115.42-1.37