Target reported Q4 results March 4th, with comparable sales up 1.5% driven by strong traffic and improved trends in discretionary categories.
Despite fiscal 2024 net sales declining 0.8% (or +1% adjusted for the extra week in 2023), CEO Brian Cornell and leadership outlined their long-term strategic vision, including 20 new stores planned for 2025 and a target of $15B in growth over the next 5 years.
Download Harvest Group’s full earnings recap with unique takeaways for suppliers here:
