Target finished out a difficult year with declining sales, but says growth is ahead

Target guided that it was on track to deliver net sales growth in every quarter of 2026 after a bruising finish to its fiscal year.

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• Target reported a 1.7% decline in total sales for its fiscal year.
• The earnings results extend a three-year streak of flat or declining comparable quarterly sales.
• New stores and a recent uptick in transactions could bring the retailer back to growth in 2026.

Target likely can't wait to close the book...