Q4 beat, same-day/next-day fulfillment & omnichannel momentum
Key Questions
What were Target's key Q4 financial results?
Target reported Q4 EPS of $2.44, up 13% year-over-year and a 54% profit beat, driven by strong holiday sales and cost controls. Revenue hit $30.45B, meeting estimates, though comparable sales fell 2.5%.
How has Target's same-day fulfillment performed?
Same-day fulfillment sales reached $14B, up 30% year-over-year. This reflects strong omnichannel momentum, with Q4 e-commerce at 23.7% of sales and FY25 expected at 20.6%.
What expansions is Target making in delivery services?
Target is expanding next-day delivery using drivers from its Shipt subsidiary. Circle360 grew 30%, and membership has doubled compared to rivals like Amazon and Walmart.
Q4 EPS$2.44+13%/+54% profit beat/comps-2.5%/same-day$14B+30%/rev$30.45B=est; FY25 e-comm 20.6% Q4 23.7%/Circle360 +30%/membership doubled; Shipt next-day expansion to 100+ stores/50 markets/60%+ US pop by E2026 ($2.50/pkg savings, Chicago 5x); vs Amazon/WMT; stock +23%YTD P/E15/3.8% div; track May vs rivals.