Target Supply Chain and Digital Fulfillment Costs — Cost of Sales remained flat by 0.0% to $1.88B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 1.1%, from $1.90B to $1.88B. Over 2 years (FY 2023 to FY 2025), Supply Chain and Digital Fulfillment Costs — Cost of Sales shows relatively stable performance with a 2.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase relative to revenue may signal rising logistics complexity or inefficiencies in fulfillment operations, while a decrease suggests improved supply chain productivity or economies of scale.
This metric represents the direct costs associated with operating the supply chain network and fulfilling digital custom...
Comparable to 'fulfillment costs' or 'logistics and distribution expenses' reported by other large-scale omnichannel retailers and e-commerce platforms.
tgt_segment_supply_chain_and_digital_fulfillment_costs_cost_of_sales| FY'23 | FY'24 | FY'25 | |
|---|---|---|---|
| Value | $7.18B | $7.62B | $7.53B |
| YoY Change | — | +6.2% | -1.1% |