Target Exceeds Earnings and Revenue Estimates; Updates FY26 Outlook
Target reported Q1 non-GAAP earnings per share of $1.71, surpassing estimates by $0.25, with revenue reaching $25.44 billion—$740 million above expectations—and a 6.7% year-over-year increase. The company also updated its FY26 outlook to reflect net sales growth in the range around 4 percent.
Tickers: $TGT