Home Depot, whose first-quarter earnings fell just below analyst expectations despite beating revenue projections, according to FactSet, reported the company will hold onto its forecast for full-year sales. Chief Financial Officer Richard McPhail told CNBC that, “because of our scale” and Home Depot's “great partnerships” with suppliers, the company plans to “generally maintain our current pricing levels across our portfolio.
Target Corp (NYSE:TGT) shares moved lower in early trade on Wednesday as it slashed its full-year guidance following a weak first quarter. The retailer now expects its full-year sales to be down a low single digit percentage versus its prior guidance of 1% growth over last year.
The first few months of 2025 were bumpy for many big retailers and the US stock market. The world had to adjust to tariffs and GDP contracted in Q1.
Target (TGT) came out with quarterly earnings of $1.30 per share, missing the Zacks Consensus Estimate of $1.62 per share. This compares to earnings of $2.03 per share a year ago.
Key Takeaways
Target (TGT) lowered its full-year sales projection Wednesday after the retail giant reported mixed first-quarter results.
Target will report its fiscal first-quarter earnings Wednesday. The cheap chic retailer is trying to get back to growth as tariffs, economic uncertainty and company missteps dampen demand.
Target Corp (NYSE:TGT) is expected to report fiscal first-quarter earnings on Wednesday, with Bank of America forecasting results ahead of Wall Street estimates despite ongoing pressure from soft discretionary spending and rising costs. Analysts project adjusted earnings per share of $1.78 and a 1% decline in comparable sales for the quarter.
Target (NYSE: TGT) is set to announce its fiscal first-quarter earnings on Wednesday, May 21, 2025, with analysts forecasting earnings of $1.70 per share on $24.4 billion in revenue. This would indicate a 16% decrease in year-over-year earnings and flat sales growth compared to last year's figures of $2.03 per share and $24.5 billion in revenue.
The market wasn't particularly excited about Walmart's WMT results last Thursday, but we think the retail leader did an excellent job in an otherwise challenging operating environment.
I've exited my Telefonica position after years of solid returns, as the stock nears my $5/share price target and upside looks limited. Despite decent 1Q25 results and strong brands like VIVO and O2, organic revenue and B2C sales are showing negative trends. While Telefonica is meeting its own 2025 targets, negative free cash flow and rising churn in core markets concern me.
Get a deeper insight into the potential performance of Target (TGT) for the quarter ended April 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.