Target Corporation is a U.S. omnichannel retailer built around stores, digital fulfillment, owned brands, Shipt, Target Circle and Roundel media. It reported FY2025 revenue of $104.780B and net income of $3.705B for the fiscal year ended January 31, 2026. Michael Fiddelke became CEO on February 1, 2026.
Target: Latest Financials
FY2025 revenue was $104.780B, down from $106.566B in FY2024 and $107.412B in FY2023. Net income was $3.705B. Q1 FY2026 net sales rose 6.7%, comparable sales increased 5.6% and GAAP and adjusted EPS were $1.71.
Current Operating Context
Target is a public NYSE retailer led by CEO Michael Fiddelke. After FY2025 revenue of $104.780B, Q1 FY2026 net sales increased 6.7% and comparable sales rose 5.6%, giving the new leadership team early momentum while discretionary retail, margin pressure and competition remain key watch items.
Why It Matters
Target wins when shoppers see it as a place for affordable style, essentials and fast fulfillment rather than just another discount store.
