Mar 4, 11:30 PM

Target Reports $30.9 Billion in Q4 Sales Amid 2.5% Pre-Market Dip and Tariff Concerns

Target Corporation reported a challenging fourth quarter, with sales reaching $30.9 billion, surpassing estimates. However, the retailer's stock fell by 2.5% in pre-market trading and dipped 3% overall, as concerns over consumer confidence and potential tariff impacts weighed heavily on investor sentiment. The company highlighted ongoing consumer uncertainty and tariff worries as key factors affecting its outlook for the new fiscal year. Target anticipates that tariffs may lead to price increases in the near future, further complicating its profitability amid an already tough retail environment marked by out-of-stocks and in-store experience challenges.

#Target Corporation #Target

Written with ChatGPT (GPT-4o mini).

Sources

Neil Saunders@NeilRetail
11 months ago
🇺🇸 Target Reports Solid Holiday Quarter But Warns of Tariff Uncertainty Ahead https://t.co/88VWByquPT
ValueWalk - Exclusive Hedge Fund Info@valuewalk
11 months ago
Target (TGT) stock dipped 3% despite a Q4 earnings beat. Sales hit $30.9B, topping estimates, but concerns over tariffs & consumer confidence weighed on shares. Tariffs may drive price hikes soon. #StockMarket #Target #Investing https://t.co/aITSZZgCp2
FORTUNE@FortuneMagazine
11 months ago
When Target gave a tepid annual sales forecast for its new fiscal year on Tuesday, it quickly blamed “ongoing consumer uncertainty” and “tariff uncertainty.” https://t.co/0QP7w4LpB9

Target Reports $30.9 Billion in Q4 Sales Amid 2.5% Pre-Market Dip and Tariff Concerns

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