Goal Company (NYSE: TGT) reported its first quarter 2025 earnings outcomes at the moment.
Internet gross sales of $23.8 billion had been down 2.8% in comparison with the year-ago interval.
Comparable gross sales decreased 3.8%, reflecting a comparable retailer gross sales decline of 5.7% and comparable digital gross sales progress of 4.7%.
Internet earnings grew 10% to $1 billion whereas earnings per share rose 11.7% to $2.27 in comparison with final 12 months. Adjusted EPS was $1.30.
Income and earnings missed expectations.
For fiscal 12 months 2025, the corporate now expects a low-single digit decline in gross sales, and GAAP EPS of $8.00-10.00. Adjusted EPS is anticipated to be approx. $7.00-9.00.
The earnings miss and the steering reduce prompted the inventory to drop 1% in premarket hours on Wednesday.
(This story will probably be up to date shortly with an infographic)
