Target (TGT) Q4 2024 Earnings

Target On Tuesday, compared to the “sustainable consumer uncertainty”, the first quarter of the first quarter “meaningful” has declined a “meaning” in February and has concerns about soft sales and tariffs in February.

The first three bears of the year are slow to retailers, because consumers pull back after the holiday shopping season. But the target comes after the management of Tepid Diamatic and Elf beauty enlarged concerns last month about a slower than usual Start from year.

These weak predictions predict more than expected Decrease in consumer expenses January and The biggest fall in consumer confidence The target management has been the latest since 2021 in February Warning sign About the health of the consumer and the US economy.

Most of the troubles of the target They have stressed itself In recent years, but as a large box salesman, which covers large cunning of the population, especially when other companies do similar comments, in most cases, can offer information about spending examples.

In the statement, the target finance head Jim Lee, the sale of “soft” and “soft” sales and “consumer confidence” are the sales of the free interview. He also said “Uncharacteric Cold Weather” was accused of.

“We look forward to seeing a mild in this trend, as clothing sales meet warm weather all over the country, and consumers are targeted for the upcoming seasonal moments, as Easter. “We will continue to watch these trends and stay properly with our expectations for the next year.”

Outside Outlook, the fiscal fourth quarterly savings and income, which defeated the expectations of the target wall street.

This is what Wall Street is comparable to what Wall Street has been compared to the request of analysts by LSEG:

• Earnings for a stock: $ 2.41 – $ 2.26 expected
• Comes from: $ 30.92 billion and $ 30.82 billion expected

The target net income for the three-month period ended on February 1 was $ 1.38 billion or between $ 2.98 or $ 2.98 or $ 2.98 in $ 2.98.

The sales fell about $ 3.92 billion, decreased from $ 31.92 billion a year. In a period of the first time, the target of the target has received an additional week.

The target for the current fiscal year is between $ 8.80 and $ 9.80, in the midpoint, due to LSEG, more or less than $ 9.31. According to LSEG, we will increase the total of 1% of sales, we expect only 1%.

The first quarter of the target will probably surprise the surprise investors. While refusing to share special figures, the target “The rest of the year is waiting for meaning to the first quarter than the rest of the year, he said. Meanwhile, according to LSEG, the analysts expected to earn 0.9%.

In leading the target’s earnings report, retailer raised the comparable sales management In January, in the fourth quarter, after seeing continued traffic in the decisive holiday, but stated by the profit management, stating that he led the sale, and discounts on sale.

This strategy eventually affected the gains. In the quarter, the total margin of the target was 0.4 percentage for “higher promotional and clearing brand prices”, the press release.

For a long time, buyers have a target, continuous inflation, high interest rates and high interest rates and Steep competition From online discounts and opponents Walmart. This slip in the mixture has damaged the target, as arbitrary goods are more profitable to sell more than the grounds of household as groceries and toothpaste.

The company said that when the new eye-catching goods offer, the attacker can driving – fresh exercise, like pet accessories or food seasonal flavors.

For example, all of the customers, all of the targets, brilliant colors and bright patterns, all of those in the auction in bright patterns, the General Officer Rick Gomez. They also responded well when targeting the target of intimates and sleeping clothes, AUDEN.

“When the tender, trend, in favorable prices, when the consumer is ready to shop, we are ready to shop,” Gomez said.

In the fourth quarter, the sales trends compared to clothing increased by about 4 percent compared to the third quarter and are looking for target support o Accurate. Said the target was at the end of February partner with champion Warby Parker who see both brands in target stores and online.

As part of the champion, the target will carry an exclusive line of greater gym clothes and more exercise clothes for survival. Warby Parker will open the stores of the target five shops and will start presenting the glasses of glasses with a larger rollers planned for next year.

Partnerships are designed to bring buyers with fresh goods, bringing position and position position to compete against new customers and competitors, but these deals may take a while before starting fruit.

Although the agreements were announced earlier, they will not officially launch the second half of 2025.