Target Corporation (NYSE:TGT) is one of them A stock that should double in 3 years. On March 3, Target announced Q4 net sales of $30.5 billion, noting that sales and traffic trends accelerated in the last two months of the year. While full-year net sales fell 1.7% to $104.8 billion, the company saw strength in non-trade categories, more than doubling membership revenue and growing same-day delivery through Target Circle 360 more than 30%. For the full year, Target reported GAAP EPS of $8.13 and adjusted EPS of $7.57, reflecting a smooth navigation through what the CEO described as a challenging period.
Despite a 2.5% decline in comparable sales in the quarter, Target’s Q4 gross margin rate improved to 26.6%, from 26.2% in 2024. This achievement was driven by lower inventory levels and reduced supply chain and fulfillment costs, which contributed to higher product and import costs. Target Corp. (NYSE:TGT) also reported a 25% increase in non-merchandise sales, fueled by Roundel’s advertising business and its online marketing efforts.
Looking ahead to 2026, Target expects a return to growth with a projected net sales increase of 2%. This forecast is supported by the healthy sales spike seen in February and plans to tap into new stores and non-trade revenue streams. The company is guiding for full-year GAAP and adjusted EPS of $7.50 to $8.50, with operating income margins expected to expand by ~20 basis points.
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Target Corporation (NYSE:TGT) operates as a general merchandise retailer in the United States. It sells its products through its stores and digital channels, including Target.com.
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Read more: The 40 most popular stocks among hedge funds heading into 2026 and 10 stocks with explosive growth potential.
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