Target Reports Strong Q1 Earnings with Sales Growth
Target Corporation (TGT) reported better-than-expected first-quarter earnings in fiscal 2026. Net sales rose to $25.4 billion, up 6.7%, driven by a 4.4% increase in traffic and strong performance across stores and digital channels. The company raised its full-year outlook for both sales growth (around 4%) and EPS near the high end of its previous range.
Tickers: $TGT
Topics: merchandising_strategy retail sales_growth