Target (TGT) risk factors: FY2025 10-K

1. If we are unable to positively differentiate ourselves from our competitors, our results of operations and financial condition could be adversely affected.
2. If we do not anticipate consumer demand accurately and respond quickly to changing consumer preferences, our results of operations and financial condition could be adversely affected.reworded
3. Our continued success is dependent on positive perceptions of Target which, if eroded, could adversely affect our business and our relationships, including with our guests, team members, and vendors.
4. Our business transformation initiatives may not achieve their intended objectives, which could adversely affect our competitive position, results of operations, and financial condition.new
5. If we are unable to successfully develop, source, and market our owned and exclusive brand products, our results of operations could be adversely affected.
6. If we are unable to protect against inventory shrink, our results of operations and financial condition could be adversely affected.
7. We depend on seasonal moments and higher-margin merchandise to drive sales and net earnings growth.
8. Our Roundel retail media network may not maintain or grow advertising revenue, which could adversely affect our results of operations.new

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1. If our capital investments do not achieve appropriate returns or our efficiency efforts are not successful, our competitive position, results of operations, and financial condition could be adversely affected.
2. A significant disruption to our technology systems and our failure to adequately maintain and update those systems could adversely affect our operations and negatively affect our guests.

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1. If our efforts to maintain information security, cybersecurity, and data privacy are unsuccessful or if we are unable to meet increasingly demanding regulatory requirements, our reputation, results of operations, and financial condition could be adversely affected.Cybersecurity

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1. Changes in our relationships with our vendors or other companies, changes in tax or trade policy, interruptions in our operations or supply chain, and increased commodity or supply chain costs could adversely affect our reputation and results of operations.
2. If services we obtain from third parties are unavailable, fail to meet our standards, or increase in cost, our reputation, results of operations, and financial condition could be adversely affected.

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1. Our earnings depend on the state of macroeconomic conditions and consumer confidence and spending in the U.S.
2. Uncharacteristic or significant weather conditions or natural disasters, the impacts of a changing climate, and other catastrophic events could adversely affect our results of operations and financial condition.
3. We rely on a large, global, and changing workforce of team members, contractors, and temporary staffing. If we do not effectively manage our workforce, our labor costs and results of operations could be adversely affected.
4. Shareholder activism could adversely affect our business, strategic execution, and stock price.new
5. Failure to address product safety and sourcing concerns could adversely affect our results of operations.
6. Our failure to comply with applicable laws, or changes in these laws, could adversely affect our reputation, results of operations, and financial condition.
7. Litigation and other legal proceedings may adversely affect our reputation, results of operations, and financial condition.

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1. Increases in our effective income tax rate could adversely affect our results of operations.
2. If we are unable to access the capital markets or obtain bank credit, our financial condition and results of operations could suffer.
3. If we fail to achieve our projected results or otherwise fail to meet market expectations regarding our financial performance, the price of our stock could be volatile or adversely affected.reworded

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