tax rate, FY2025
Target Corporation expects tax rate of 23% to 24% for FY2025.
Guided 23% to 24% on 4 Mar 2025; reported 22.3% 364 days later; below the range by 3.0%, better than guided.
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- Status
- missed better than guided
- Guided
- 23% to 24%
- Stated
- 2025-03-04
- Reported
- 22.3%
- Outcome date
- 2026-03-03
- Days to falsifiable
- 364
- Acknowledged
- no
The guidance
•An effective tax rate of 23 to 24 percent
8-K 0000027419-25-000008, filed 2025-03-04 View on EDGAR
The outcome
The Company’s full-year 2025 effective income tax rate was 22.3 percent compared with 22.2 percent in 2024, reflecting higher discrete tax expenses and higher global tax minimums, primarily offset by the benefit of additional tax credits in the current year.
8-K 0000027419-26-000012, filed 2026-03-03 View on EDGAR
Review
review: hand-reviewed
Reviewed by hand by Navneet on 2026-09-22.