Target Stock Price, News & Analysis

Target Corporation (NYSE: TGT) announced a significant leadership transition, with current COO Michael Fiddelke appointed as the new CEO, effective February 1, 2026. Current CEO Brian Cornell will transition to the role of executive chair of the Board of Directors.

Fiddelke brings 20 years of experience at Target, having held leadership roles across merchandising, finance, operations, and HR. As COO and former CFO, he drove efficiency initiatives delivering over $2 billion in savings and established the Enterprise Acceleration Office to streamline operations.

Under Cornell's 11-year tenure, Target transformed into a $100+ billion company, growing revenues by $34 billion. The company developed a $30 billion owned-brand portfolio and established omnichannel capabilities including Drive Up services.

Target (NYSE:TGT) reported Q2 2025 financial results and announced a significant leadership change. The company posted net sales of $25.2 billion, down 0.9% year-over-year, with comparable sales declining 1.9%. GAAP and Adjusted EPS were $2.05, compared to $2.57 in 2024.

Notable highlights include digital comparable sales growth of 4.3%, driven by over 25% growth in same-day delivery, and a 14.2% increase in non-merchandise sales. The company's operating income was $1.3 billion, with margins at 5.2%. Target's Board unanimously appointed Michael Fiddelke as the next CEO, maintaining its fiscal 2025 guidance of a low-single digit sales decline and GAAP EPS of $8.00 to $10.00.

Target Corporation (NYSE:TGT) has announced it will host its second quarter earnings conference call on Wednesday, August 20, 2025, at 7:00 a.m. Central Time. The webcast will be accessible through the company's investor relations website at Corporate.Target.com/Investors under the "Events & Presentations" section.

Target operates nearly 2,000 stores nationwide and maintains an online presence through Target.com. The company has maintained its commitment to community support since 1946, contributing 5% of its profits, which currently amounts to millions of dollars weekly.

Ulta Beauty (NASDAQ: ULTA) and Target Corporation (NYSE: TGT) have announced they will end their shop-in-shop partnership in August 2026 when their current agreement expires. The partnership, which began in 2021, allowed Target customers to access prestige beauty products and link their Ulta Beauty Rewards with Target Circle accounts.

Until the conclusion of the partnership, customers will continue to earn Ulta Beauty Rewards on eligible purchases at Target locations. Ulta Beauty plans to focus on its core business strategy, including the launch of Ulta Beauty Marketplace later this year. Target will maintain its beauty retail presence by continuing to offer a curated assortment of beauty products and experiences to its customers.

Target (NYSE:TGT) has announced its "Back-to-School-idays" savings event running from July 27 to August 2, 2025, featuring discounts of up to 30% on essential school items. The retailer is maintaining 2024 prices on 20 must-have supplies totaling less than $20 and offering over 1,000 items under $5.

The company is expanding its popular personalization stations to nearly 500 stores, double the number from last year, with 100 college-focused events on July 26 and 400 back-to-school events August 2-3. Target Circle members, including verified teachers and college students, can access exclusive discounts, including a 20% one-time storewide discount and 50% off Target Circle 360 memberships through September 13.

Edna's Non-Alcoholic Cocktail Co. has been selected to exhibit at the 2025 INFRA Tabletop Buying Show in St. Paul, Minnesota. The company, which has successfully partnered with Costco Wholesale (NASDAQ: COST) in Western Canada and is present in over 700 Target Corporation (NASDAQ: TGT) stores nationwide, will showcase its premium non-alcoholic sparkling cocktails at Booth #803.

The Independent Natural Food Retailers Association (INFRA) Tabletop Show is a significant gathering of independent natural food retailers across the United States. The event, scheduled for July 23, 2025, provides Edna's with an opportunity to expand its presence in the growing non-alcoholic beverage market through connections with independent retailers.

Target (NYSE:TGT) has announced its Target Circle Week, running from July 6-12, 2025, offering significant discounts up to 50% across multiple categories. The sales event features extensive back-to-school and summer savings, including three unique "Deal of the Day" offerings throughout the week.

Key promotions include 40% off Casaluna & Threshold bedding, up to 40% off tech & gaming, 30% off select backpacks and school supplies, and various BOGO offers on groceries and personal care items. Target Circle 360 members receive exclusive early access starting July 5, plus a $50 discount on their first same-day delivery order for new sign-ups.

The company is also offering 50% off Target Circle 360 one-year memberships for teachers and students. Students can additionally receive a one-time 20% off storewide discount that can be combined with Target Circle Week deals. The initiative is part of Target's strategy to enhance its membership benefits while driving back-to-school sales.

Target (TGT) has joined as a Platinum Partner and official Tennis sponsor for the 2026 Special Olympics USA Games in Minneapolis. The event, scheduled for June 20-26, 2026, will host over 3,000 athletes, thousands of coaches and volunteers, and tens of thousands of fans. As the tennis sponsor, Target will support more than 80 Special Olympics athletes and Unified partners competing in singles, doubles, and Unified doubles matches at the University of Minnesota's Baseline Tennis Center. The company joins other major sponsors including U.S. Bank, Wells Fargo, and Worldwide Technology. The 2026 Special Olympics USA Games will be one of the largest sporting events in the U.S. that year, bringing together participants from all 50 states.

Target Corporation announced it will maintain 2024 prices on key back-to-school items for the 2025 season, including its signature 20 must-have supplies for under $20 and $5 backpacks. The retailer is launching Target Circle Week from July 6-12, offering major deals on school essentials, with early access for Target Circle 360 members on July 5. The company is bringing back its popular 20% off discounts for students and teachers, with student discounts starting June 29 and teacher discounts running July 20-Aug 30. New offerings include Champion for Target launching in August, Herschel x LEGO collection, and Studio McGee teen collection. The retailer is expanding its dealworthy brand to include school supplies and offering over 1,000 items under $5. College essentials will be mostly under $40, including apparel from $5, storage solutions from $5, and bedding starting at $10.