Product — Net Sales
Target Product — Net Sales increased by 0.1% to $24.75B in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 1.9%, from $25.23B to $24.75B. Over 3 years (FY 2022 to FY 2025), Product — Net Sales shows relatively stable performance with a 0.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates strong consumer demand and effective merchandising, while a decrease may signal weakening retail traffic or competitive pressure on the product assortment.
Detailed definition
This metric represents the total revenue generated from the sale of tangible merchandise, including apparel, home goods,...
Peer comparison
Comparable to 'Retail Sales' or 'Merchandise Revenue' reported by major big-box retailers and department store chains.
tgt_segment_product_net_salesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $24.83B | $25.29B | $30.62B | $24.83B | $25.65B | $26.12B | $30.98B | $24.95B | $24.38B | $25.00B | $31.47B | $24.14B | $25.02B | $25.23B | $30.43B | $23.41B | $24.72B | $24.75B |
| QoQ Change | — | +1.9% | +21.1% | -18.9% | +3.3% | +1.8% | +18.6% | -19.5% | -2.3% | +2.5% | +25.8% | -23.3% | +3.6% | +0.8% | +20.6% | -23.1% | +5.6% | +0.1% |
| YoY Change | — | — | — | — | +3.3% | +3.3% | +1.2% | +0.5% | -4.9% | -4.3% | +1.6% | -3.2% | +2.6% | +0.9% | -3.3% | -3.1% | -1.2% | -1.9% |
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Frequently Asked Questions
- What is Target's product — net sales?
- Target (TGT) reported product — net sales of $24.75B in Q3 2025.
- How has Target's product — net sales changed year-over-year?
- Target's product — net sales decreased by 1.9% year-over-year, from $25.23B to $24.75B.
- What is the long-term trend for Target's product — net sales?
- Over 3 years (2022 to 2025), Target's product — net sales has grown at a 0.1% compound annual growth rate (CAGR), from $104.61B to $104.82B.
- What does product — net sales mean?
- The total revenue earned from selling physical goods to customers after accounting for returns and discounts.