Target Stock Price, News & Analysis

Target (NYSE: TGT) has launched Good Little Garden, its first standalone floral owned brand, expanding its floral offerings nationwide. The new brand features over 60 options of fresh flowers and plants, with prices starting at $6 for bouquets and $15 for potted plants.

The launch follows Target's significant growth in floral sales, which have tripled since 2020 when the company first introduced seasonal florals under its Spritz brand. Good Little Garden's assortment includes fresh-cut roses, tulips, carnations, mixed flowers, succulents, orchids, and seasonal selections for special occasions.

To celebrate the launch and Mother's Day, select Target stores will host in-store events on April 27, featuring giveaways and a 'build your own bouquet' experience. The products are available in Target stores nationwide, with same-day services including Drive Up and Order Pickup, plus delivery options for Target Circle 360 members on orders over $35.

ButcherBox, a direct-to-consumer meat and seafood brand, has announced its launch on Target Plus (NYSE: TGT), Target's third-party digital marketplace. The partnership enables customers to purchase ButcherBox's high-quality, humanely raised meat and responsibly sourced seafood without requiring a subscription.

The offering includes themed packages ranging from $99 to $189, featuring collections like Kid's Favorites, Breakfast Essentials, Steak Lovers, and Meal Prepping. The integration is facilitated through the Shopify Marketplace Connect app, allowing ButcherBox to seamlessly connect with Target Plus.

This expansion follows ButcherBox's strategy to increase accessibility to their products, complementing their existing partnership with DoorDash's DashMart. The company aims to target families and health-conscious individuals through Target's platform.

Target (NYSE: TGT) has announced a major -time collaboration with kate spade new york, launching April 12, 2025. The collection features over 300 pieces spanning apparel, accessories, and home décor, with prices starting at $5 and over half the items priced at $15 or under.

The partnership, developed over two years, includes women's, kids' and baby apparel with extended sizing and adaptive styles, handbags, home accessories, and entertaining essentials. The collection showcases kate spade's signature style through crisp color palettes and nostalgic patterns.

Notable items include special store-exclusive products like Target red handbags and designer bicycles priced at $300. The collection will be available through multiple shopping channels including in-store, online, same-day pickup, and delivery services. A preview event is scheduled at New York's Grand Central Station on April 2.

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 June 1, 2025, to shareholders of record as of May 14, 2025.

This marks Target's 231st consecutive dividend payment since the company went public in October 1967, demonstrating a long-standing commitment to returning value to shareholders.

Target (NYSE: TGT) has announced the return of Target Circle Week from March 23-29, 2025, offering up to 40% savings on spring essentials. The seven-day event features exclusive deals for Target Circle members across multiple categories including apparel, patio furniture, home essentials, beauty products, and groceries.

New this year, Target Circle 360 members get 24-hour early access to select deals on March 22. The paid membership program is currently offered at a 50% discount and includes benefits like unlimited same-day delivery and free two-day shipping. Key deals include 30% off family apparel, 30% off patio furniture, up to 40% off kitchen essentials, and various gift card rewards on household and beauty purchases.

The sale will be available across nearly 2,000 Target stores, online, and through the Target app, with multiple fulfillment options including Drive Up and Order Pickup services.

Target (NYSE: TGT) has unveiled strategic plans aimed at driving over $15 billion in sales growth by 2030. The company outlined key initiatives including:

- Enhanced digital experience and product assortment with focus on affordability and trends
- Expansion of Target Plus marketplace from $1B (2024) to $5B by 2030
- Addition of 300+ stores over 10 years, with 20 new stores planned for 2025
- Implementation of AI-powered inventory management and improved delivery solutions
- Launch of new Good & Gather Collabs with celebrated chefs

The strategy includes reimagining key categories like gaming and sports, expanding owned brand innovations, and strengthening brand partnerships. Target plans to double its Roundel media company by 2030, which generated over $2B in value last year. The company aims to triple its Target Circle 360 membership base over the next three years, introducing new benefits including a Marriott Bonvoy partnership.

Target (NYSE: TGT) reported its Q4 and full-year 2024 results, with Q4 comparable sales growing 1.5% and digital sales increasing 8.7%. Q4 GAAP and Adjusted EPS reached $2.41, near the high end of guidance. Full-year 2024 saw comparable sales growth of 0.1%, with GAAP and Adjusted EPS at $8.86.

Notable performance includes:

• Same-Day delivery grew over 25% year-over-year
• Beauty segment delivered mid-single digit comparable sales growth
• Traffic increased 1.4% across stores and digital channels
• Cost savings exceeded $2 billion over two years

For 2025 guidance, Target expects:

• Net Sales growth around 1%
• Comparable sales growth around flat
• GAAP and Adjusted EPS of $8.80 to $9.80

Target (NYSE:TGT) has announced it will release its fourth quarter and full-year 2024 financial results on the morning of March 4, 2025. Following the release, the company will host a webcast meeting with the financial community starting at 9:00 a.m. Eastern time.

During this investor presentation, Target's leadership team will outline their strategic and financial plans, while sharing insights on the business environment and strategic opportunities for 2025 and beyond. The webcast will be accessible through Target's investor relations website and will remain archived for a minimum of 90 days after the event.

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.