Target anticipates profit pressures in Q1 due to consumer spending and tariff uncertainties, as noted in its Q4 earnings report. For Q4, net sales dropped 3% to $30.9 billion, although comparable sales increased by 1.5%. Operating income fell 21% to $1.5 billion, with net income down by 20% to $1.1 billion. Analysts expressed concerns about competitive pressures, margin challenges, and potential consumer slowdowns. Despite some positive trends, executives acknowledged the need for improvements in inventory reliability and customer experience.

Source: https://www.supplychaindive.com/news/target-q4-earnings-tariff-driven-profit-pressure/741628/