TGT Target Corporation

FY2025 10-K
Filed: Mar 12, 2025
Consumer Discretionary
Retail-Variety StoresSEC EDGAR

Target Corporation (TGT) filed its fiscal year 2025 10-K annual report with the SEC on Mar 12, 2025. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business model: Operates retail stores with integrated digital fulfillment and supply chain capabilities
  • Emphasis on supply chain expansion with new fulfillment centers driving higher digital fulfillment costs in 2024
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Management Discussion & Analysis

  • Revenue $106.6B, down 0.8% YoY ($0.8B decline) due to one less week in the fiscal year
  • Operating income $5.57B, down 2.5% YoY with margin 5.2% vs 5.3% prior year
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Risk Factors

  • Regulatory/legal risk: Litigation and regulatory proceedings from federal and state officials on ESG initiatives, including diversity, equity, and inclusion programs
  • Geopolitical/macroeconomic risk: Dependence on China as largest merchandise source exposed to U.S.-China tariffs causing substantial additional costs and potential price increases
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Financial Summary
XBRL

Revenue

$106.6B

Net Income

$4.1B

Operating Margin

5.2%

Net Margin

3.8%

ROE

27.9%

Total Assets

$57.8B

EPS (Diluted)

$8.86

Operating Cash Flow

$7.4B

Source: XBRL data from Target Corporation FY2025 10-K filing on SEC EDGAR. All figures in USD.

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