LOGO
LOGO

Quick Facts

Target Q4 Net Profit, Net Sales Decline, But Shares Jump 14.4%

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Discount retailer Target Corp. (TGT) reported Tuesday that net earnings for the fourth quarter decreased to $1.05 billion or $2.30 per share from $1.10 billion or $2.41 in the year-ago quarter.

Excluding items, adjusted earnings for the quarter was $2.44 per share, compared to $2.41 per share in the year-ago quarter.

Net sales for the quarter declined 1.5 percent to $30.45 billion from $30.92 billion in the same quarter last year. Total comparable sales decreased 2.5 percent in the quarter.

In Tuesday's pre-market trading, TGT is trading on the NYSE at $70.47, up $8.88 or 14.42 percent.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.