8-KItem 2.02 · Results of OperationsItem 9.01 · Financial Statements
Target reports Q2 sales growth and raises 2026 guidance
Filed with the SEC on · Summarized by InvestorsBot
Target reported second-quarter net sales of $26.5 billion for the period ended August 1, 2026, up 5.3% year over year, while comparable sales rose 3.8% and diluted EPS doubled to $4.11 from $2.05. Results included a $994 million pretax tariff refund benefit, or $1.65 per share; Target raised its 2026 net sales growth outlook to around 5% and set EPS guidance at $9.90-$10.90, including the tariff benefit.