19 Nov 2025 | 5 Mins Read
Target lowers 2025 profit forecast, stock drops 2%
Flipitmoney
Target Corp. trimmed its 2025 profit forecast, citing markdowns and soft demand in key areas. The company now expects $7 to $8 earnings per share, excluding items, down from a previous forecast. Despite beating analyst estimates in the third quarter, comparable sales contracted more than expected. Shares fell 2% as the retailer struggles to recapture growth following its pandemic boom.