Target Corporation (TGT) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.758 welcome to the Target Corporation third quarter earnings release conference call. 00:00:04.758 -- 00:00:08.564 During the presentation, all participants will be in a listen-only mode. 00:00:08.564 -- 00:00:12.270 Afterwards, we will invite you to participate in a question and answer session. 00:00:12.270 -- 00:00:16.877 At the close of prepared remarks, we will open the queue for the Q&A session. 00:00:16.877 -- 00:00:21.704 At that time, if you have a question, you will need to press star 1 on your telephone. 00:00:21.704 -- 00:00:27.950 As a reminder, this conference is being recorded Wednesday, November 19, 2025. 00:00:28.229 -- 00:00:30.572 I would now like to turn the conference over to Mr. 00:00:30.572 -- 00:00:33.815 John Holbert, Vice President, Investor Relations. 00:00:33.815 -- 00:00:35.637 Please go ahead, sir. 00:00:35.637 -- 00:00:39.882 Good morning, everyone, and thank you for joining us on our third quarter 2025 earnings 00:00:39.882 -- 00:00:44.587 conference call. On the line with me today are Brian Cornell, Chair and Chief Executive 00:00:44.587 -- 00:00:49.613 Officer, Michael Fidelke, Chief Operating Officer, Rick Gomez, Chief Commercial 00:00:49.613 -- 00:00:53.052 Officer, and Jim Lee, Chief Financial Officer. 00:00:53.052 -- 00:00:56.878 In a few minutes, Brian, Michael, Rick, and Jim will provide their insights on our third 00:00:56.878 -- 00:00:59.642 quarter performance and outlook for the rest of the year. 00:00:59.642 -- 00:01:03.728 Following their remarks, we'll open the phone lines for a question and answer session. 00:01:03.728 -- 00:01:07.374 This morning, we're joined on this conference call by investors and others who are listening 00:01:07.374 -- 00:01:11.920 to our comments via webcast. Follow...