09:54 AM EST, 03/04/2025 (MT Newswires) -- (Updates with company statement regarding Q1 and latest stock move in the sixth and seventh paragraphs.)

Target ( TGT ) reported fiscal Q4 adjusted earnings Tuesday of $2.41 per diluted share, down from $2.98 a year earlier.

Analysts polled by FactSet expected $2.26.

Revenue for the fiscal quarter ended Feb. 1 was $30.92 billion, down from $31.92 billion a year earlier.

Analysts surveyed by FactSet expected $30.78 billion.

For 2025, the retailing giant expects adjusted EPS of $8.80 to $9.80 on net sales growth of about 1%. Analysts polled by FactSet expect non-GAAP EPS of $8.70 on revenue of $106.33 billion.

"In light of ongoing consumer uncertainty and a small decline in February net sales, combined with tariff uncertainty and the expected timing of certain costs within the fiscal year, the company expects to see meaningful year-over-year profit pressure in its first quarter relative to the remainder of the year," the company said in a statement.

Shares of the company were down over 4% in recent trading.

Price: 115.25, Change: -5.51, Percent Change: -4.56