Target Stock Price, News & Analysis

Target Corporation (NYSE: TGT) announced a 1.8% increase in its quarterly dividend, raising it from $1.12 to $1.14 per common share. The dividend will be paid on September 1, 2025, to shareholders of record as of August 13, 2025. This marks Target's 232nd consecutive dividend payment since going public in October 1967, and 2025 is set to become the company's 54th consecutive year of annual dividend increases, demonstrating a strong commitment to delivering consistent shareholder returns.

Target Corporation (NYSE: TGT) has announced the establishment of a new Enterprise Acceleration Office aimed at enhancing operational speed and agility. COO Michael Fiddelke will lead this initiative to streamline cross-company processes and leverage technology. The company also announced several executive changes: Prat Vemana (Chief Information Officer) will report directly to CEO Brian Cornell and lead Target India; Jim Lee (CFO) will oversee enterprise strategy; and Rick Gomez (CCO) will lead enterprise insights. Notable departures include Christina Hennington (Chief Strategy Officer), who will transition to an advisory role until September 2025, and Amy Tu (Chief Legal Officer), with an external search planned for her replacement.

Target (TGT) reported mixed Q1 2025 results with net sales declining 2.8% to $23.8 billion compared to Q24. The company posted GAAP EPS of $2.27 (including $593M pre-tax gains from credit card litigation settlement) and Adjusted EPS of $1.30, versus $2.03 in 2024. Comparable sales decreased 3.8%, with store sales down 5.7%, though digital sales grew 4.7%. Operating margin was 6.2% (3.7% excluding litigation gains). Notably, Target Circle 360™ saw 36% growth in same-day delivery. The company established an acceleration office led by Michael Fiddelke to expedite strategic initiatives. For fiscal 2025, Target forecasts a low-single digit sales decline and adjusted EPS of $7.00-$9.00.

Target Corporation (NYSE:TGT) has announced it will host its first quarter earnings conference call on Wednesday, May 21, 2025, at 7:00 a.m. central time. The webcast will be accessible to investors and media through the company's website at Corporate.Target.com/Investors under the "Events & Presentations" section.

Target, headquartered in Minneapolis, operates nearly 2,000 stores and Target.com, focusing on helping families discover everyday life's joy. The company has maintained a tradition of community giving since 1946, donating 5% of its profits, which currently amounts to millions of dollars weekly.

Target (NYSE: TGT) has expanded its Target Circle 360 membership program by removing same-day delivery price markups from over 100 retailers and grocers beyond Target through its Shipt network. The program now offers markup-free deliveries from partners including CVS, PetSmart, Lowe's Home Improvement, and regional grocers like Hy-Vee, Lowes Foods, and Giant Eagle.

Members can save approximately 7 hours monthly and over $300 annually. New members receive $20 off their first order of $75 or more. Additional Target Circle 360 benefits include free 2-day shipping, extended return windows, early access to deals, monthly freebies, and unlimited same-day delivery on orders over $35.

This enhancement positions Target Circle 360 as the only membership program offering no-markup same-day delivery across Shipt's entire retail network, creating a comprehensive digital shopping center experience.

Target (TGT) is launching over 10,000 new items for summer 2025, with prices starting at $1. The retailer is introducing "Hello Summer Saturdays" events at all stores every Saturday in June, featuring free giveaways and exclusive Target Circle deals. A major "Hello Summer" sales event runs May 18-26, offering discounts up to 50% off. The summer collection includes exclusive products across categories like swimwear, outdoor entertainment, and home goods. Key highlights include coastal-inspired merchandise, trend-focused fashion, and seasonal food items. Notable promotions include up to 50% off Sun Squad outdoor items, 40% off women's dresses, and 30% off various apparel categories. The initiative features themed shopping experiences like The Boardwalk Shop, Build Your Beach Bag, and The Sun Shop, offering customers a nostalgic, coastal-inspired shopping experience.

Target (NYSE: TGT) has launched Good Little Garden, its first standalone floral owned brand, expanding its floral offerings nationwide. The new brand features over 60 options of fresh flowers and plants, with prices starting at $6 for bouquets and $15 for potted plants.

The launch follows Target's significant growth in floral sales, which have tripled since 2020 when the company first introduced seasonal florals under its Spritz brand. Good Little Garden's assortment includes fresh-cut roses, tulips, carnations, mixed flowers, succulents, orchids, and seasonal selections for special occasions.

To celebrate the launch and Mother's Day, select Target stores will host in-store events on April 27, featuring giveaways and a 'build your own bouquet' experience. The products are available in Target stores nationwide, with same-day services including Drive Up and Order Pickup, plus delivery options for Target Circle 360 members on orders over $35.

ButcherBox, a direct-to-consumer meat and seafood brand, has announced its launch on Target Plus (NYSE: TGT), Target's third-party digital marketplace. The partnership enables customers to purchase ButcherBox's high-quality, humanely raised meat and responsibly sourced seafood without requiring a subscription.

The offering includes themed packages ranging from $99 to $189, featuring collections like Kid's Favorites, Breakfast Essentials, Steak Lovers, and Meal Prepping. The integration is facilitated through the Shopify Marketplace Connect app, allowing ButcherBox to seamlessly connect with Target Plus.

This expansion follows ButcherBox's strategy to increase accessibility to their products, complementing their existing partnership with DoorDash's DashMart. The company aims to target families and health-conscious individuals through Target's platform.

Target (NYSE: TGT) has announced a major -time collaboration with kate spade new york, launching April 12, 2025. The collection features over 300 pieces spanning apparel, accessories, and home décor, with prices starting at $5 and over half the items priced at $15 or under.

The partnership, developed over two years, includes women's, kids' and baby apparel with extended sizing and adaptive styles, handbags, home accessories, and entertaining essentials. The collection showcases kate spade's signature style through crisp color palettes and nostalgic patterns.

Notable items include special store-exclusive products like Target red handbags and designer bicycles priced at $300. The collection will be available through multiple shopping channels including in-store, online, same-day pickup, and delivery services. A preview event is scheduled at New York's Grand Central Station on April 2.