Target Reports Q1 Earnings Beat with Strong Sales Growth and Raised Outlook
Target reported first-quarter net sales of $25.4 billion in May 2026, a 6.7% increase year-over-year, surpassing Wall Street's revenue forecast of $24.64 billion. The company raised its full-year sales growth target to around 4%, up from the previous projection of 2%. Adjusted earnings per share rose by 32% compared to last year.
Tickers: $TGT
Topics: digital_sales retail sales_growth strategy