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Target Q2 sales rise 5.3% with EPS doubling to $4.11, boosted by tariff refunds and strong digital growth

Company Fundamentals
19 Aug 2026
PRNewsWire
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Bullish
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Target reported a 5.3% increase in second-quarter net sales driven by broad-based growth across channels and categories, with digital sales up 8.7%. Earnings per share doubled to $4.11, including a $1.65 benefit from $994 million in tariff refunds. The company raised its full-year sales growth forecast to around 5% and expects operating margins to improve despite higher expenses. Target continues investing in value, style, and convenience to sustain long-term growth.

More News (TGT)

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