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Target beats Q2 earnings with $994M tariff refund boosting EPS to $4.11, sales up 5.3%.

Company Fundamentals
19 Aug 2026
Andrew Wynn
View Source
Bullish
pluang ai news

Target Corporation reported strong Q2 results, with earnings per share of $4.11 beating estimates largely due to a $994 million pretax tariff refund contributing $1.65 to EPS. Core business showed growth with net sales up 5.3% and customer traffic rising 3.6%. The company raised its annual sales forecast to about 5% growth, signaling positive momentum beyond the one-time refund. Target's financial health shows a Debt-to-Equity ratio of 1.15 and a trailing P/E ratio of 20.05.

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