Target (TGT) reported $30.45 billion in revenue for the quarter ended January 2026, representing a year-over-year decline of 1.5%. EPS of $2.44 for the same period compares to $2.41 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $30.52 billion, representing a surprise of -0.21%. The company delivered an EPS surprise of +12.29%, with the consensus EPS estimate being $2.17.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Target performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Comparable store sales - YoY change: -2.5% versus -2.4% estimated by nine analysts on average.
- Number of stores - Total: 1,995 versus the six-analyst average estimate of 2,002.
- Retail Square Feet - Total: 250.52 Msq ft versus 251.38 Msq ft estimated by four analysts on average.
- Stores Originated Comparable Sales Change: -3.9% versus the four-analyst average estimate of -3.8%.
- Net Sales- Merchandise sales: $29.84 billion compared to the $29.99 billion average estimate based on four analysts.
- Net Sales- Merchandise sales- Beauty & household essentials: $3.48 billion compared to the $3.36 billion average estimate based on two analysts. The reported number represents a change of -57.7% year over year.
- Net Sales- Merchandise sales- Food & beverage: $6.64 billion versus the two-analyst average estimate of $6.47 billion. The reported number represents a year-over-year change of +1.8%.
- Net Sales- Merchandise sales- Hardlines: $6.02 billion versus $5.99 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -2.2% change.
- Net Sales- Merchandise sales- Other: $88 million versus the two-analyst average estimate of $92.96 million. The reported number represents a year-over-year change of -9.3%.
- Net Sales- Credit card profit sharing: $127 million compared to the $126.81 million average estimate based on two analysts. The reported number represents a change of -10.6% year over year.
- Net Sales- Merchandise sales- Household essentials: $4.7 billion compared to the $4.77 billion average estimate based on two analysts.
- Net Sales- Merchandise sales- Apparel & accessories: $4.1 billion versus the two-analyst average estimate of $4.26 billion. The reported number represents a year-over-year change of -5.6%.
View all Key Company Metrics for Target here>>>
Shares of Target have returned +3.3% over the past month versus the Zacks S&P 500 composite's -1.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Target Corporation (TGT): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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