Research Briefing: Target’s quarterly sales fall short, as Walmart and TJX Cos. thrive

1 week ago 11

In this edition of the Glossy+ Research Briefing, we analyze quarterly financial results from retail giants TJX Companies, Walmart and Target.

Walmart and TJX Cos. report positive results for the third quarter of FY2025, while Target struggles

Although banner fall shopping events like the Halloween holiday and back-to-school promotions typically drive third-quarter sales for the nation’s biggest retailers, yesterday Target reported approximately flat comparable third-quarter sales. Rivals TJX Companies, which owns TJ Maxx, Marshalls and Homegoods, and Walmart reported opposite results this week. Both retailers saw an increase in sales compared to the same quarter last year.

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