Target (TGT) Revenue — Quarter Ended Feb 1, 2025
Revenue for the quarter ended February 1, 2025 increased compared to the immediately preceding quarter. However, revenue declined relative to the same quarter one year earlier.
Key takeaway
Quarter ended Feb 1, 2025 · FY2024 Q4
Revenue for the quarter ended February 1, 2025 increased compared to the immediately preceding quarter. However, revenue declined relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$30.9B
Revenue reported for this quarter.
Quarter-over-quarter
+20.4%
Change from the immediately preceding quarter.
Year-over-year
-3.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$106.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| May 4, 2024 | $24.5B | -3.1% |
| Aug 3, 2024 | $25.5B | +2.7% |
| Nov 2, 2024 | $25.7B | +1.1% |
| Feb 1, 2025 | $30.9B | -3.1% |
Revenue performance
The reported revenue rose from the prior quarter, marking a sequential improvement. The year-over-year comparison shows a decrease from the same period last year.
Quarterly comparison
Compared with the immediately preceding quarter, revenue was higher. Compared with the same quarter one year earlier, revenue was lower.
What to watch
The year-over-year decline in revenue warrants attention given the sequential improvement.