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Target Corporation recently released financial results for the fourth quarter of 2025 and full-year 2025.
The company reported fourth-quarter net sales at $30.5 billion, with the food & beverage and toy categories contributing to overall net sales for the quarter. Comparable store sales decreased 2.5% in Q4, reflecting a comparable store sales decline of 3.9% and a comparable digital sales increase of 1.9%. Adjusted earnings per share (EPS) in Q4 were reported at $2.44, compared to $2.41 in 2024.
For the full year, net sales decreased 1.7% to $104.8 billion from $106.6 billion last year, reflecting a 2.6 decrease in comparable sales, partially offset by sales from new stores and growth in non-merchandise sales. Adjusted EPS was $7.57 for full-year 2025, compared to adjusted EPS of $8.86 in 2024.
“I’m incredibly proud of how our team navigated through a challenging year in 2025, as they focused on serving our guests while positioning our business for profitable growth in 2026 and beyond,” says Michael Fiddelke, chief executive officer of Target Corporation. “Our team is firmly focused on writing Target’s next chapter of growth, rooted in strengthening our merchandising authority, delivering an elevated and differentiated shopping experience, advancing our use of technology, and continuing to serve and invest in our team and communities. Target saw a healthy, positive sales increase in February, serving as an important milestone on our path back to growth this year, and reinforcing my confidence in the momentum we’re building and the future we’re creating together.”
The company also released guidance for 2026, including the following expectations:
- Net sales growth in a range of around 2% compared to 2025
- A small increase in comparable sales
- GAAP and adjusted EPS of $7.50 to $8.50
