Target's 2.7% Same-Store Sales Drop; New CEO Promises Strategic Revitalization
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 07 2026
0mins
Source: Fool
- Sales Decline: Target's same-store sales fell by 2.7% in Q3 2025, primarily due to decreased customer traffic and spending, highlighting the company's challenges in managing persistent inflation and merchandise missteps.
- Leadership Change: Incoming CEO Michael Fiddelke, set to officially take over on February 1, promises to restore a differentiated merchandising strategy and invest in technology to enhance customer experience and boost sales.
- Stock Performance: Over the past year, Target's stock price has dropped by 26%, with a current P/E ratio of 12, down from 14 a year ago, making it a more attractive valuation for patient investors despite the decline.
- Market Competition: Target's underperformance relative to the S&P 500 index underscores the intense competition in the retail market and shifting consumer preferences, making future strategic adjustments critical for recovery.
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Analyst Views on TGT
Wall Street analysts forecast TGT stock price to fall
26 Analyst Rating
8 Buy
14 Hold
4 Sell
Hold
Current: 112.690
Low
80.00
Averages
98.83
High
126.00
Current: 112.690
Low
80.00
Averages
98.83
High
126.00
About TGT
Target Corporation is a general merchandise retailer selling products to its guests through its stores and digital channels. The Company offers customers, referred to as guests, everyday essentials and fashionable, differentiated merchandise at discounted prices. The majority of its stores offer a wide assortment of general merchandise and food. Its merchandise categories include apparel and accessories, beauty and household essentials, food and beverage, hardlines, and home furnishings and decor. Most of its stores are larger than 170,000 square feet, offer a variety of general merchandise and a full line of food items comparable to traditional supermarkets. Its digital channels include a wide merchandise and food assortment, including many items found in its stores, along with a complementary assortment sold by the Company and third parties. Its brands include A New Day, Ava & Viv, Cloud Island, Favorite Day, and others. It serves guests at nearly 2,000 stores and at Target.com.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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