공시 • Jun 16
Target Corporation Announces Appointment of Isaac Mizrahi as Creative Director At Large Target Corporation had appointed renowned designer and creative visionary Isaac Mizrahi as the retailer's first creative director at large. In his new role, Mizrahi, 64, serve as a creative advisor to Target's internal design organization, mentored design talent, and elevated Target's design credibility and cultural relevance. Mizrahi worked alongside Gena Fox, senior vice president of design at Target, and served as a creative advisor across key product and design milestones, including new product concepts, design innovation and emerging trends. Mizrahi identified new opportunities for partnerships, capabilities and experiences that strengthened Target's design leadership. Mizrahi played a central role in a new mentorship program launching in summer 2026 designed to accelerate creative development and provide Target designers with direct access to insights from Mizrahi's decades-long career in fashion and design. Through this immersive program, select Target designers, from established leaders to emerging creatives, worked directly with Mizrahi through one-on-one mentorship sessions, creative immersion experiences and inspiration trips, and design workshops and consultations. Mizrahi contributed to brand storytelling, design-focused collaborations and purpose-driven partnerships, including community engagement initiatives. Declared Dividend • Jun 14
First quarter dividend of US$1.16 announced Shareholders will receive a dividend of US$1.16. Ex-date: 12th August 2026 Payment date: 1st September 2026 Dividend yield will be 3.8%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (68% cash payout ratio). The dividend has increased by an average of 7.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. 공시 • Jun 05
Target Recalls Up & Up Fragrance Free and Fresh Cucumber Scented Baby Wipes Due to Potential Microbial Contamination Target is voluntarily recalling Up & Up Fragrance Free and Up & Up Fresh Cucumber Scented Baby Wipes following customer complaints of product discoloration, and FDA testing that identified the presence of Burkholderia cepacia complex and Burkholderia gladioli in product samples. Use of products contaminated with Burkholderia cepacia complex and Burkholderia gladioi may result in serious and life-threatening infections. The products are predominantly used on newborns, infants, and young children, who are particularly vulnerable to opportunistic infection due to their immature immune systems. In healthy individuals, use of the product on skin with minor lesions will more likely result in local infections, whereas in immunocompromised individuals, newborns, infants and young children, the infection is more likely to spread into the bloodstream, potentially leading to life-threatening sepsis or pneumonia. The recalled wipes were manufactured by a supplier, and sold at Target stores nationwide and online. Out of abundance of caution, Target is recalling the following products: Up & Up FragranceFree Baby Wipes 20 Count: UPC 085239265956, 72 Count: UPC 085239265949, 216 Count: UPC 085239265963, 800 Count: UPC 085239266137, 1200 Count: UPC 085239266090; Up & Up Fresh Cucumber Scented Baby Wipes 72 Count: UPC 085239265970, 216 Count: UPC 085239265994, 800 Count: UPC 085239265987. The Up & Up Fragrance Free Baby Wipes are packaged in plastic pouches with each pouch containing 20, 72, or 100 wipes. The wipes were sold individually in 20 and 72 count pouches, a bundle of three 72 count pouches (216 wipes) and 100 count pouches packaged in 800 count and 1200 count boxes. Fragrance Free Baby Wipes with a manufacturing date code of November 07, 2025 (071125X/XX) to May 5, 2026 (050526X/XXX) and expiration dates between May 10, 2028 (100528) through November 5, 2028 (051128). The Up & Up Fresh Cucumber Scented Baby Wipes are packaged in plastic pouches with each pouch containing 72 or 100 wipes. The wipes were sold individually in 72 count pouches, a bundle of three 72 count pouches (216 wipes) and 100 count pouches packaged in 800 count boxes. Fresh Cucumber Scented Baby Wipes with a manufacturing code of December 29, 2025 (291225X/XX) to December 30, 2025 (301225X/XX) and expiration dates between June 29, 2028 (290628) through June 30, 2028 (300628). Target and the manufacturer of the wipes, Sapro Temizlik Urunleri, have received a number of consumer complaints and adverse event reports alleging product discoloration and symptoms such as skin irritation, eye irritation, and infections potentially associated with the use of the product. These reports remain under investigation. Target is coordinating with the manufacturer and continues to investigate this matter. This recall is being conducted with the knowledge of the U.S. Food and Drug Administration. Buy Or Sell Opportunity • Jun 01
Now 22% undervalued Over the last 90 days, the stock has risen 4.9% to CHF96.85. The fair value is estimated to be CHF124, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 3.8%. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings are also forecast to grow by 5.8% per annum over the same time period. Recent Insider Transactions • May 29
Executive Chair of the Board recently sold CHF5.1m worth of stock On the 27th of May, Brian Cornell sold around 50k shares on-market at roughly CHF102 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Brian has been a net seller over the last 12 months, reducing personal holdings by CHF9.8m. 