Target Stock Price, News & Analysis

Target (NYSE: TGT) has announced its Black Friday deals running through Nov. 30, offering up to 50% off on thousands of items across tech, apparel, video games, and more. The retailer will feature special three-day deals from Nov. 28-30, doubling last year's offers. Most stores will open at 6 a.m. on Black Friday, featuring exclusive Taylor Swift items. The event includes a two-day Cyber Monday sale on Dec. 1-2.

Key deals include 50% off select holiday trees, cookware sets, and Target Circle 360 membership, plus up to 50% off headphones, toys, and floorcare products. The retailer is also offering its Thanksgiving meal for four at $20, reduced by $5 from last year.

Target (NYSE: TGT) reported Q3 2024 financial results with comparable sales growth of 0.3% and digital sales increase of 10.8%. Guest traffic grew 2.4%, while Beauty comparable sales increased over 6%. The company reported GAAP and Adjusted EPS of $1.85, down 11.9% from last year. Total revenue reached $25.7 billion, up 1.1% year-over-year. Operating income was $1.2 billion, declining 11.2%. For Q4, Target expects flat comparable sales and EPS between $1.85 to $2.45, with full-year EPS guidance of $8.30 to $8.90.

Target (NYSE:TGT) has announced it will host its third quarter earnings conference call via webcast on Wednesday, November 20, 2024 at 7:00 a.m. central time. The webcast will be accessible through the company's website at Corporate.Target.com/Investors under the 'Events & Presentations' section. Target, which operates nearly 2,000 stores and Target.com, invites investors and media to participate in the earnings call.

Target (TGT) announced its Black Friday and holiday season store hours, with stores opening at 6 a.m. local time on Black Friday. The retailer will exclusively offer Taylor Swift's Eras Tour Book and The Tortured Poets Department: The Anthology on CD and vinyl in stores. Target will maintain its tradition of closing stores on Thanksgiving Day for the fifth consecutive year. From Nov. 30 to Dec. 23, stores will operate extended hours from 7 a.m. to midnight. The company is offering twice as many Black Friday weekend deals compared to last year, with reduced prices on over 2,000 everyday items. Customers can utilize same-day delivery services and save through the Target Circle program.

Target (NYSE: TGT) has announced its holiday season deals strategy, featuring multiple savings opportunities from November through December. The campaign includes the return of Deal of the Day offering up to 50% off for Target Circle members from Nov. 1 to Dec. 24, new weeklong deals dropping every Sunday starting Nov. 3, and a new Early Black Friday Sale event running Nov. 7-9. The retailer will offer discounts across its entire product range, including exclusive brands and national labels, with deals available online and in stores. Target's Holiday Price Match Guarantee will run from Nov. 7 through Dec. 24, ensuring customers get the best prices throughout the season.

Target (NYSE: TGT) has reduced its Thanksgiving meal price to $20, which is $5 less than last year. The meal serves four people and includes a turkey and six side dishes. The retailer is offering turkey at 79 cents per pound, 20% lower than last year, along with various side dishes and desserts under $5.

The company has introduced nearly 700 new food, beverage and entertaining items for the holiday season. Target Circle 360 members can get a free frozen pizza with same-day delivery orders from Nov. 13-16. Additionally, Target has reduced prices on more than 2,000 items for holiday entertaining.

Target (NYSE: TGT) has announced plans to reduce regular prices on over 2,000 items across owned and national brands this holiday season. This initiative is part of a larger effort that will see price cuts on more than 10,000 items by the end of the year. The reductions cover a wide range of products including food, beverages, everyday essentials, and holiday gifts.

These new price reductions are in addition to Target's everyday low prices and follow a previous announcement in May to cut prices on about 5,000 items. The company has already surpassed this goal, lowering prices on over 8,000 items year to date. Target aims to help consumers save money while enjoying the holiday season, offering competitive pricing on items needed for meal prep, gifting, and everyday needs.

Examples of price reductions include popular items like LEGO sets, toys, cooking oils, and personal care products. Target is also promoting its largest holiday assortment ever, featuring thousands of toys with over half priced under $20. The company's Target Circle program offers additional savings opportunities for shoppers.

Target (NYSE: TGT) has announced two exclusive Taylor Swift releases available only at Target starting Black Friday. The first is the official 'Taylor Swift | The Eras Tour Book', a 256-page hardcover book priced at $39.99, featuring over 500 images, including never-before-seen performance and rehearsal photos, along with personal reflections by Taylor Swift. The second is 'The Tortured Poets Department: The Anthology', available for the first time on vinyl ($59.99) and CD ($17.99), featuring 35 tracks including four acoustic bonus songs.

Both items will be available exclusively in Target stores on Black Friday, November 29, and on the Target app and website starting November 30. The vinyl version includes a never-before-seen 12x12 inch poster of Taylor. This release follows Target's exclusive Phantom Clear vinyl version of 'The Tortured Poets Department' from earlier this spring, which set a record for Target's largest music pre-order in its history.

Target (NYSE: TGT) has unveiled its 2024 Bullseye's Top Toys list, featuring over 60 must-have items with nearly half exclusive to Target. Prices start at $7.99, and over half of the full toy assortment is priced under $20. The list includes popular brands like LEGO, Disney, FAO Schwarz, and Star Wars, as well as items from Target's Bullseye-branded collection.

Target is introducing weekly toy drops and promotions with discounts up to 50% on select items throughout the holiday season. The retailer is expanding its Bullseye-branded toys assortment with 11 new items, including a Jumbo Bullseye Plush for $25 and exclusive Barbie dolls. Starting in November, over 200 Target stores will feature a new Bullseye-themed display.

Shoppers can save through the free Target Circle program and enjoy additional benefits with the Target Circle Card and Target Circle 360 paid program.