DeFi Daily News
Thursday, July 31, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home Markets Stock Market

rewrite this title Target’s (TGT) turnaround plan in focus as Q1 2025 earnings approach | AlphaStreet

Staff Correspondent by Staff Correspondent
May 14, 2025
in Stock Market
0 0
0
rewrite this title Target’s (TGT) turnaround plan in focus as Q1 2025 earnings approach | AlphaStreet
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1000 words and keep HTML tags

Target Corporation (NYSE: TGT) is undertaking a transformation through multiple initiatives, responding to macroeconomic headwinds and changing consumer behavior.  The focus is on investments in digital capabilities and supply chain as well as enhancing customer experience by offering better value and reliability.

TGT has been one of the worst-performing Wall Street stocks, losing around 39% in the past twelve months. While the stock is showing signs of recovery ahead of next week’s earnings, it continues to stay near recent multi-year lows.

Estimates

The company is preparing to release its first-quarter results on Wednesday, May 21, at 6:30 am ET. It is estimated that adjusted earnings declined to $1.73 per share in Q1 from $2.03 per share last year. Market watchers forecast net sales of $24.46 billion for the April quarter, which is broadly unchanged from the prior-year period.

In the fourth quarter of 2024, the company generated total sales of $30.9 billion, down 3.1% from the same period of the prior year. Total comparable sales increased by 1.5%, with an 8.7% growth in comparable digital sales more than offsetting a 0.5% decline in comparable store sales. Lower sales translated into a 20% fall in net earnings to $1.10 billion or $2.41 per share, both on a reported and adjusted basis. However, the results exceeded Wall Street’s expectations.

Outlook

Anticipating the muted sales and earnings performance to extend into the remainder of the year, the Target leadership recently said it expects FY25 sales to rise a modest 1%, with flat comparable sales. The guidance for full-year earnings per share is $8.80-9.80. The company is planning to invest $4 billion to $5 billion in stores, supply chain, and technology this year as it targets to drive more than $15 billion in revenue growth over the next five years.

Target’s CEO Brian Cornell said in his post-earnings interaction with analysts, “Our level of investment in stores will accelerate as we open more than 20 new stores and remodel many more across the chain. And behind the scenes, we’ll continue to bring our supply chain and stores closer together. Using our proximity to guests to move inventory with more speed, efficiency, and flexibility than ever before. In tandem with our investments in physical shopping spaces are the investments we’re making in our digital experience. Think socially inspired and AI-enhanced.”

Road Ahead

Target has been a favorite shopping destination for most Americans due to its wide collection of products and affordable prices, complemented by strategic partnerships. However, the company is experiencing a slowdown, with competition eating into its market share and higher costs weighing on margins. It also faces a setback from the government’s tariffs, particularly on goods sourced from China, as a significant portion of its products are manufactured internationally. Though trade tensions are easing, higher costs related to new tariffs could put pressure on profitability in the coming months.

On Wednesday, Target’s stock traded lower in early trading, continuing the recent downtrend. The last closing price is well below its 52-week average value of $135.18.

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website http://defi-daily.com and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: AlphaStreetApproachEarningsfocusPlanrewritetargetsTGTtitleturnaround
ShareTweetShare
Previous Post

rewrite this title This Android update could stop your phone being stolen

Next Post

rewrite this title Dogecoin and Shiba Inu Teeter on Edge of Bearish Reversal: What’s Next for SHIB and DOGE Prices?

Next Post
rewrite this title Dogecoin and Shiba Inu Teeter on Edge of Bearish Reversal: What’s Next for SHIB and DOGE Prices?

rewrite this title Dogecoin and Shiba Inu Teeter on Edge of Bearish Reversal: What’s Next for SHIB and DOGE Prices?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title 4 Secrets from Chefs for Better Cruise Dining – NerdWallet

rewrite this title 4 Secrets from Chefs for Better Cruise Dining – NerdWallet

November 15, 2024
Bitcoin Miners Selling Bitcoin to Stay Solvent Amid Volatility in Price – Decrypt

Bitcoin Miners Selling Bitcoin to Stay Solvent Amid Volatility in Price – Decrypt

August 13, 2024
rewrite this title and make it good for SEO 7 Strategies to Maximize NFT Airdrop Rewards

rewrite this title and make it good for SEO 7 Strategies to Maximize NFT Airdrop Rewards

January 15, 2025
Spanish Police Dramatically Stop Illegal Immigrants by Cutting Their Boat in Half

Spanish Police Dramatically Stop Illegal Immigrants by Cutting Their Boat in Half

August 29, 2024
rewrite this title RTX 5050, 5060, 5060 Ti spotted in records

rewrite this title RTX 5050, 5060, 5060 Ti spotted in records

February 18, 2025
Tottenham Express Interest in Buying English Star as Club Considers Selling Him

Tottenham Express Interest in Buying English Star as Club Considers Selling Him

September 28, 2024
rewrite this title CoinDCX Employee Arrested Over M Exchange Hack – Decrypt

rewrite this title CoinDCX Employee Arrested Over $44M Exchange Hack – Decrypt

July 31, 2025
rewrite this title AI-Powered Humanoid Robot Used by BMW, Figure 02, Now Does Laundry

rewrite this title AI-Powered Humanoid Robot Used by BMW, Figure 02, Now Does Laundry

July 31, 2025
rewrite this title Altcoins Stay In Danger Zone Until Bitcoin Clears This Level: Analyst

rewrite this title Altcoins Stay In Danger Zone Until Bitcoin Clears This Level: Analyst

July 31, 2025
rewrite this title and make it good for SEO Tengr.ai Sells Out NFT Collection in Seconds – NFT Plazas

rewrite this title and make it good for SEO Tengr.ai Sells Out NFT Collection in Seconds – NFT Plazas

July 31, 2025
rewrite this title NFT Scammer Jailed for 4K Theft via Hacked X Accounts

rewrite this title NFT Scammer Jailed for $794K Theft via Hacked X Accounts

July 31, 2025
rewrite this title Ethereum Price Crash Or Rebound? Why ,000 Holds The Key

rewrite this title Ethereum Price Crash Or Rebound? Why $4,000 Holds The Key

July 31, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.