Target plots turnaround as new CEO reveals Q4 results and 2025 outlook
Target is set to report its fiscal Q4 2025 results at an investor meeting led by new CEO Michael Fiddelke, outlining its 2025 outlook as it tries to reverse a sales slump amid softer traffic and rising prices; analysts expect Q4 EPS of about $2.15 on $30.48 billion in revenue, below last year's $8.86 EPS, with full-year adjusted EPS guidance of $7-$8. The retailer has faced three straight quarters of declining traffic and weaker spend, layoffs of corporate staff, and backlash to DEI changes, contributing to market-share losses to Walmart, Costco and TJ Maxx, while planning increased store labor and investments in customer experience and technology to regain momentum.