Target Q4 Results Top Estimates But Retailer Warns of ‘Tariff Uncertainty’ | Global News Avenue

Target(TGT) released a fourth-quarter result that exceeded expectations, although it warned that uncertainty over tariffs would affect current quarter results.

The company reported adjustments for the fourth quarter Earnings per share (EPS) Revenue was $2.41, down 3% year-on-year to $30.92 billion. It can be seen that α conducted the survey analyst Estimated $226 and $30.77 billionrespectively.

Target Comparable sales Up 1.5%, higher than the forecast of a 1.39% increase. In January, the company Comparable sales projection canceled In the third quarter, it was up 1.5% in the rear of a holiday shopping season than expected.

Presale transactions after the report have hardly changed the target share. Over the past year, they entered 22%.

Target expects “profit pressure” in Q1

“Given consumer uncertainty in February and a small decline in net sales in February, coupled with tariff uncertainty and expected time for certain costs over the fiscal year, its annual profit pressure for the first quarter makes sense relative to the rest of the time,” Target said.

President Donald Trump imposes 25% tariffs on Canada and Mexico, and 10% tariffs on Chinese goods, Take effect Tuesday.

Over the entire year, Target believes that net sales growth is “area about 1% and “comparable sales growth” is in the range of Flat and adjusted EPS between $8.80 and $9.80. Analysts are looking for 2.66% sales growth, comparable sales growth 1.81% and adjusted EPS at $9.30.