Archive · 19 Nov 2025
Target Slashes 2025 Profit Forecast, Shares Drop
Target, a big-box retailer, reduced its expected profit for 2025.
Their sales didn't grow as much as expected in the last quarter.
They're trying to improve their stores and products to make shoppers happier.
They're also using AI to help with trends and customer service.
Despite these efforts, their stock price went down.
Target Corp. cuts 2025 profit forecast
Comparable sales contracted more than expected in Q3
Michael Fiddelke to become CEO in February
Target plans $5 billion capital spending increase in 2023
Company partners with OpenAI for ChatGPT integration
- Who
- Target Corp.
- What
- Cut 2025 profit forecast and experienced soft sales in Q3
- When
- Q3 2022
- Where
- Target stores and online
- Why
- To improve shopping experiences and adapt to a tougher consumer economy
Optimistic View
Pessimistic View
2025 Profit Forecast
Optimistic View
The cut is a sign of cautious optimism, allowing Target to manage expectations better.
Pessimistic View
The reduction indicates Target's struggles to meet previous projections, raising concerns about future growth.
Q3 Comparable Sales
Optimistic View
Softness in key merchandise areas is a temporary setback that can be addressed with strategic initiatives.
Pessimistic View
The contraction signals persistent issues with consumer demand and Target's product offerings.
- Comparable sales change (expected vs actual)
- More than expected
- Stock price change (premarket)
- Down 2%