In an aerial scene, a target store is seen on August 11, 2025 in Austin, Texas.
Brandon Bell | Getty images
Target The fiscal will report the second quarter earnings before the bell on Wednesday, as investors seek the signals that the struggling discount is taking place on the track.
According to a survey by analysts by LSEG, what expects the Wall Street Company’s most recent three months period:
- earnings per share: $ 2.03 expected
- Income: $ 24.93 billion expected
The annual sales of the miniapolis-based retailer have been almost stable for almost four years. The target shares have increased by about 60% from their all -time high at the end of 2021.
The problems of the Big-Box Retailer have only become complicated this year: the store traffic has fallen almost every week since the end of January, an analytics firm, which uses unknown data from mobile devices to estimate the overall visits at places. The target stock has fallen by 22% alone in 2025.
In an interview with CNBC, customers and former employees said the target is Lose some unique symptoms This sets it apart from the contestants, such as its eye -catching goods, well -laid shops and vigilant customer service.
High tariffs have added to the challenges of targets. About half of the target selling is imported, the company has said.
And last week, Reverse beauty And announced the goal They are finishing a deal It opened mini beauty shops in about one third of the target store. The partnership, in which the beauty brands of the Opinion were also added to the target’s website, will end in August 2026. Target had talked about connecting reverse shops as a traffic driver and promoting its beauty category.
Despite the challenges, targeted leaders, including CEO Brian Cornell, have believed the company’s long -term approach and a strategy to return to its “Tarze” image. He has also talked about driving development with new parts of business, such as advertisements.
Target Cut its entire year sales outlook In May, blameing its weak expectations at less discretionary expenses, Consumer uncertainty About this TariffAnd feedback For the rollback of the company of major diversity, equity and inclusion efforts.
Target said In this financial year, sales declines and per share income was adjusted, except for priority from litigation settlements, being approximately $ 7 to $ 9.
In May, the company announced some leadership shakeup and construction of a new office, which aims to turn around Its results. Chief Operating Officer Michael Fidelke will look after the new attempt, called the Enterprise Acceleration Office.
The target is also on the CUSP of a change at the top. CEO Brian Cornell is expected to leave the company widely. He Agreed to stay in the role for about three more years After the target board ended the 65 -year retirement age in September 2022.
