Fall, 2025_Rug Insider Magazine

Your resource for ne hand-woven rugs

(201) 863-8888 www. teppteamusa .com

Outlook: Ross reinstated its FY2025 guidance, projecting full-year EPS of $6.08–$6.21, guided by cautious optimism. Management expects 2-percent to 3-percent compara- ble-store sales growth in both Q3 and Q4, with Q4 profit likely to beat expectations despite continued tariff impacts. TARGET CORP. Minneapolis, MN Quarter snapshot: Q2 2025 net sales $25.2 billion; comps -1.9-percent (store comps -3.2-percent); EPS $2.05. Category performance: Target includes rugs under its home category. Management reported improved trends across all categories versus Q1, though area rug-specific sales were not broken out.

Outlook: Target maintained FY guidance, projecting low- single digit sales declines while focusing on execution for back-to-school and holiday. TJX / HOMEGOODS Framingham, MA Quarter snapshot: Q2 FY2026 consolidated net sales $14.4 billion, comps +4-percent; net income $1.2 billion. Home- Goods net sales $2.29 billion; comps +5-percent. “ Our second quarter earnings…showed encouraging signs of recovery, including improved traffic and sales trends—particularly in our stores—and disciplined cost management in a challenging retail environment, “ said Brian Cornell, Chairman and CEO.

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