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Target set to report Q2 results amid cautious optimism on turnaround progress

Company Fundamentals
19 Aug 2026
CNBC
View Source
Neutral
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Target will announce its fiscal second-quarter results, offering insight into its turnaround under CEO Michael Fiddelke. Despite a 55% stock rise this year, investors remain cautious due to ongoing economic pressures and uncertainty about sustainable growth. Last quarter, Target saw a 5.6% increase in same-store sales and raised its full-year revenue forecast, focusing on inventory and sales strategy improvements. Analysts await more evidence of lasting market share gains before fully endorsing the company's growth outlook.

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