06:53 AM EST, 11/19/2025 (MT Newswires) -- Target ( TGT ) reported fiscal Q3 adjusted earnings Wednesday of $1.78 per share, down from $1.85 a year earlier.

Analysts polled by FactSet expected $1.71.

Net sales for the quarter ended Nov. 1 were $25.27 billion, compared with $25.67 billion a year earlier.

Analysts polled by FactSet expected $25.33 billion.

The company reiterated its fiscal Q4 forecast of a low-single digit decline in sales. Analysts polled by FactSet expect $30.66 billion.

Target ( TGT ) said it now expects fiscal 2025 adjusted earnings of $7 to $8 per share, from the previous range of $7 to $9. Analysts polled by FactSet expect $7.24.

Shares of Target ( TGT ) were down nearly 1% in recent premarket activity Wednesday.