"Target's Q4 FY2026 report revealed adjusted EPS of $2.44, surpassing the $2.16 consensus, driven by margin recovery rather than a top-line snap-back. Revenue slipped 2% year over year to $30.45 billion, but the mix shift attracted investor interest."
"New CEO Michael Fiddelke projected FY2026 sales growth of roughly 2% with EPS between $7.50 and $8.50, describing February as 'a healthy, positive sales increase... an important milestone on our path back to growth this year.'"
Target's stock is trading at $129, reflecting a 32% year-to-date gain, significantly outperforming Walmart and Costco, both at 18%. Target's recent Q4 FY2026 report showed adjusted EPS of $2.44, exceeding expectations, driven by margin recovery. Revenue decreased by 2% to $30.45 billion, but gross margin improved. New CEO Michael Fiddelke forecasts a 2% sales increase for FY2026. Despite the recent rally, Target's stock remains down 39% over five years, indicating ongoing recovery potential.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]