Target Stock Price, News & Analysis

Target (NYSE: TGT) and Warby Parker (NYSE: WRBY) have announced a strategic partnership to launch Warby Parker shop-in-shops within select Target stores. The initiative will debut with five locations in the second half of 2025 across Illinois, Minnesota, New Jersey, Ohio, and Pennsylvania.

The shop-in-shops will offer Warby Parker's complete eyewear experience, including glasses, sunglasses, contacts, eye exams, and vision tests, with prices starting at $95 for prescription lenses. The locations will be staffed by Warby Parker employees and will be integrated into Target.com's shopping experience.

The partnership complements Target's existing optical business, which operates in over 500 stores. Additional shop-in-shops are planned for 2026, with potential for further expansion in subsequent years. The new locations will be established in Target stores without existing optical offerings.

Warby Parker (NYSE: WRBY) reported strong financial results for Q4 and full year 2024. Full-year net revenue grew 15.2% to $771.3 million, while Q4 revenue increased 17.8% to $190.6 million. The company expanded its Active Customers by 7.8% to 2.51 million, with Average Revenue per Customer rising 6.8% to $307.

The company reported a full-year GAAP net loss of $20.4 million, though Adjusted EBITDA Margin improved 1.7 points to 9.5%. Warby Parker opened 41 new stores in 2024, ending the year with 276 locations. The company announced a new partnership with Target to launch five shop-in-shops in 2025.

For 2025, Warby Parker projects net revenue of $878-893 million (14-16% growth) and targets an Adjusted EBITDA Margin of approximately 11%. The company plans to open 45 new stores, including the Target locations.

Target (NYSE: TGT) has announced a strategic partnership with Champion, launching a comprehensive collection of activewear and sporting goods in August 2025. The collaboration will feature over 500 items including apparel, accessories, and sporting goods for adults and children, with most items priced under $40.

The collection combines Champion's sportswear heritage with Target's style expertise, offering exclusive premium fabrics, unique washes, and detailed trims. A special varsity-inspired collection will follow in September, available on Target.com and in dedicated store spaces.

The partnership aligns with Target's strategy of collaborating with leading brands and will be available through Target's various fulfillment services, including Drive Up, Order Pickup, and same-day delivery options.

Target (NYSE: TGT) has announced the launch of new Disney and Marvel collections by Pillowfort, featuring over 50 kids' bedding items. The collection includes character-inspired hooded blankets, figural dolls, pillows, sheet sets, quilts, and glow-in-the-dark comforters, with most items priced under $30.

The assortment features beloved Disney Princess characters like Ariel, Belle, Cinderella, Moana, and Tiana, alongside Marvel Super Heroes including Black Panther, Captain America, Hulk, Iron Man, and Spider-Man. The products are designed with interactive features, such as pillows that double as play accessories.

This collaboration marks the first of three collections with Disney in 2025, with upcoming Cat & Jack and Cloud Island kids and baby apparel collections planned. The full assortment is currently available on Target.com and will reach Target stores by late April.

Carroten, Greece's leading suncare brand, has announced its U.S. brick-and-mortar debut through Target (NYSE: TGT). Starting February 2, 2025, Carroten's best-selling Intensive Tanning Gel and Gold Shimmer Intensive Tanning Gel will be available in all Target locations nationwide and on Target.com.

The products, enriched with sesame oil and calendula extract, are designed to provide skin hydration while delivering a sun-kissed glow. The company recommends using these products in conjunction with SPF for safe tanning results.

This launch represents a significant expansion for Carroten, which has been present in Europe, the Middle East, and Australia for over 30 years. SAYN, a Miami-based beauty distributor, will manage logistics and marketing efforts for the U.S. retail expansion.

A class action lawsuit has been filed against Target and its leadership by the City of Riviera Beach Police Pension Fund. The lawsuit alleges that Target defrauded investors through misleading statements about its Environmental, Social, and Governance (ESG) and Diversity, Equity, and Inclusion (DEI) initiatives during August 26, 2022, to November 19, 2024.

The complaint centers on Target's LGBT-Pride Campaign, which triggered customer boycotts and significant stock price declines. The stock fell from $160.96 to $124.12 between May 17-June 14, 2023, and further declined from $125.05 to $105.01 between August 15-October 6, 2023. Following Q3 2024 results showing an 11.9% decline in earnings per share, the stock dropped 22% from $156 to $121.72 on November 20, 2024.

Investors who purchased Target stock during this period may seek appointment as lead plaintiff by April 1, 2025.

Target (NYSE: TGT) reported positive holiday sales performance for November and December 2024, with total sales growing 2.8% and comparable sales increasing 2.0%. The company achieved record-high sales during both Black Friday and Cyber Monday periods, driven by nearly 3% traffic growth across stores and digital channels.

Digital sales grew almost 9%, with same-day delivery showing over 30% growth and Target Plus marketplace experiencing nearly 50% growth. The company saw meaningful acceleration in discretionary categories, particularly in apparel and toys.

Target announced significant leadership changes, including the retirement of Mark Schindele (EVP and Chief Stores Officer) and Brett Craig (EVP and CIO). Adrienne Costanzo will become the new Chief Stores Officer, while Prat Vemana will assume the role of Chief Information and Product Officer. Sarah Travis will be promoted to EVP and Chief Digital and Revenue Officer.

Target (NYSE:TGT) has announced its board of directors has declared a quarterly dividend of $1.12 per common share. The dividend will be paid on March 1, 2025, to shareholders of record as of February 12, 2025. This marks Target's 230th consecutive dividend payment since the company went public in October 1967, demonstrating a long-standing commitment to returning value to shareholders.

Target (NYSE: TGT) announced plans to introduce over 2,000 new wellness items, including more than 600 Target-exclusive products, with over half priced under $10. The expansion spans multiple categories including functional beverages, beauty, personal care, tech, food, and nutrition.

Key exclusive launches include new partnerships with celebrity brands such as BERO (Tom Holland), Blake Brown (Blake Lively), and Lemme (Kourtney Kardashian Barker). The company is also expanding its wellness tech offerings with over 140 new items, including exclusive infrared products and sleep technology. Target's private label Good & Gather will add 250+ new wellness-focused items.

The retailer is implementing a store-wide wellness strategy, featuring prominent displays and a dedicated wellness experience section at store entrances. All products will be available through Target's fulfillment services, including Drive Up, Order Pickup, and same-day delivery options.