Target (TGT): FY25 Q3 earnings call, Nov 19, 2025

Wed, Nov 19Earnings callSpeaker-labelled transcriptTarget

On its Nov 19, 2025 earnings call (FY25 Q3), Target said 4 of the 12 words Kalshi listed; Parrot’s count agreed with all 12 settlements. Quotes below are at most 25 words each.

Updated

Markets

12 words · 4 settled yes · our count agreed on 12 of 12

backtest The probabilities on settled rows are a walk-forward backtest: the model as of before each event, computed after Parrot went live; they were not published at the time.

Listed words: result, our count under the market rule, the count over every speaker, whether they agree, and the probability (a walk-forward backtest on settled rows)
WordResultOur countAll speakersAgreesProbabilityMarket
Holiday Yes1617✓93%transcripts from the transcript model–
Circle 360 Yes55✓91%transcripts from the transcript model–
Beauty Yes22✓92%transcripts from the transcript model–
Labor Yes11✓32%transcripts from the transcript model–
Innovation No00✓78%transcripts from the transcript model–
Inflation No00✓74%transcripts from the transcript model–
Revenue No00✓57%transcripts from the transcript model–
Black Friday No00✓57%transcripts from the transcript model–
Competition No00✓26%transcripts from the transcript model–
SNAP / Food Stamp No00✓20%transcripts from the transcript model–
Netflix No00✓16%transcripts from the transcript model–
Shutdown / Shut Down No00✓16%transcripts from the transcript model–

Market prices are mid quotes from Kalshi and Polymarket, shown for context, may be delayed by several minutes and are not a signal. Quotes as of Oct 20, 2026 15:46 UTC.

Transcript

quotes of at most 25 words

Speaker-labelled transcript · Source and credits · Used to count words; quotes of at most 25 words.

2 matches for “Nintendo Switch”; 2 quoted, at least 25 words apart.

Richard Gomezcompanyprepared

…to second quarter performance, with the exception of Q2 benefiting from the Nintendo Switch 2 launch, Q3 comp sales were down 2.7%, reflecting continued softness…

James Leecompanyprepared

…a slower pace, following an outsized boost from the launch of the Nintendo Switch 2 in the second quarter. Across our selling channels, comp sales…

Where the listed words were said

Michael Fiddelkecompany“Holiday” · prepared

…finding the products you want to need every time you shop. This holiday season, we're using our expertise and deep consumer knowledge in a new…

Michael Fiddelkecompany“Circle 360” · prepared

…around 80% of the U.S. population with same-day delivery powered by Target Circle 360, where sales grew more than 35% again this past quarter, and…

Richard Gomezcompany“Beauty” · prepared

…prioritizing value, they're spending it matters most, especially in food, essentials and beauty, while looking for trend-right deals in discretionary categories. They want quality and…

Michael Fiddelkecompany“Labor” · prepared

…we're pushing more digital fulfillment volume their way. And, of course, more labor hours to support this work, creating economies of scale in a more…

Agents: this page as TSV at /api/v1/appearances/target:2025-11-19:earnings_call · words: /api/v1/brief?appearance=target:2025-11-19:earnings_call · columnar JSON in #parrot-data · llms.txt · MCP