EarningsDespite stronger comp growth, the anticipated boost to EPS has not materialized, indicating persistent cost pressures and increased promotional activities.
Market CompetitionCompetition from major retailers like Walmart, Amazon, and Costco is expected to capture a significant portion of retail sales growth, posing a challenge for Target.
Supply Chain And Cost PressuresHigher supply chain costs have pressured gross margins, with a notable decline driven by increased digital fulfillment expenses, causing EPS to fall short of expectations.