Target Tops EPS, Faces Cost Challenges

Target (NYSE:TGT), a national retailer known for its red bulls-eye and wide-ranging product selection, released its fourth-quarter 2024 results on March 4, 2025. The results showcased a performance that slightly exceeded Wall Street's expectations, with an EPS of $2.41 against a forecasted $2.27 and revenue reaching $30.9 billion over an expected $30.82 billion. Despite surpassing expectations, Target encountered several operational challenges, primarily increased supply chain costs and decreased in-store sales, which dampened overall quarterly momentum.Source: Analyst estimates for the quarter provided by FactSet.Target is a retailer known for its extensive variety of merchandise ranging from apparel and electronics to home goods. Its large percentage of sales stem from its owned and exclusive brands, a strategy that not only offers unique merchandise to consumers but also contributes to higher profit margins.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool