Analyst Report: Target Corp

Argus

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Mar 06, 2025

Summary

Target Corp. is the second-biggest U.S. discount retailer. It differentiates itself by selling stylish products astatine tenable prices. The institution has partnerships with an evolving radical of designers. Based successful Minneapolis, Target ended FY25 with 1,978 stores successful the U.S., with a full of 248 cardinal quadrate feet. Target sold its in-store pharmacies to CVS successful December 2015. For the fiscal twelvemonth ended February 1, 2025, the institution had full revenues of $106.6 billion, including $31 cardinal from Target's ain brands. Sales connected Target.com represented astir 19.6% of the full successful FY25, up from 18.3% a twelvemonth earlier and 8.8% successful pre-pandemic FY20. The company's fiscal twelvemonth ends connected the Saturday closest to January 31.

Approximately 30%

Chris Graja, CFA

Senior Analyst: Retail

Chris covers the Consumer assemblage for Argus. He was the #1 Stock Picker successful the Household Durables sector, winning the 2019 StarMine U.S. Analyst grant from Refinitiv. He was the #1 Stock Picker successful Food and Staples Retailing, winning back-to-back U.S. Analyst Awards successful 2015 and 2016. He received a prestigious Volunteer of the Year grant from the New York Society of Security Analysts successful 2000. Prior to Argus, Chris spent 16 years astatine Bloomberg Financial Markets. He was the Director of Training and a Senior Researcher for Bloomberg’s probe part earlier joining the caller Bloomberg mag arsenic Technical Studies Editor successful 1993. He roseate to Executive Markets Editor of the publishing group. Chris co-authored the publication “Investing successful Small-Cap Stocks,” which was published successful 3 U.S. editions, an audio book, and 2 Chinese editions. Chris earned an MBA from Rutgers University. He is simply a CFA charterholder.