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The US retailer now projects net sales growth of around 4% for 2026 against 2025 levels – two percentage points higher than its previous guidance range.
Target says Q1 results validate its refreshed strategy -- sales up 6.7%, traffic up 4.4% -- as it boosts category bets and raises outlook.
It all comes down to whether you trust management to deliver its long-term turnaround plan.
After a string of weak results, the retailer said more shoppers are gravitating to its refreshed products and stores.
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +1.08%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.66%. June E-mini S&P futures (ESM26 ) rose +0.96%, and June E-mini Nasdaq futures...
Target impressed in its first-quarter earnings report.
Hasbro (HAS) CEO Chris Cocks sits down with Yahoo Finance Executive Editor Brian Sozzi for a conversation on what's perpetuating consumer spending on toys and collectibles while gas prices (RB=F), grocery bills, and the costs of eating out remain so elevated. The toy company is best known for brands like Transformers, My Little Pony, Magic: The Gathering, and Dungeons & Dragons.
Target Corp (TGT) reports a robust 6.7% increase in net sales and unveils strategic initiatives to drive future growth amid a challenging economic environment.
General merchandise retailer Target (NYSE:TGT) will be reporting earnings this Wednesday morning. Here’s what you need to know.
Comparable sales of 5.6% reversed a 3.8% decline from a year ago, with digital and non-merchandise revenue both accelerating
Target Corporation (NYSE:TGT) was among the stocks Jim Cramer looked at as he explained the need for a tame bond market for the stock market to go higher. Cramer mentioned that he expects good earnings from the company, as he said: Wednesday, we have Target in the morning, and I think it’s going to repeat […]
Just a few months ago, we shared our refreshed strategy and vision for Target at our financial community meeting here in Minneapolis. Delivering on our aspiration to be the most delightful shopping experience in retail means executing this strategy clearly and consistently.
Shares of Target fell sharply Wednesday morning after executives struck a cautious tone on the company's quarterly conference call, reversing premarket gains fueled by an early morning earnings report showing its biggest sales gain in years. “While consumers have proven to be resilient so far, sentiment has been declining recently and we're keeping a close eye on their spending behavior,” Target Chief Financial Officer Jim Lee said. Executives also noted that results in the current quarter will suffer in comparison to the same period a year earlier, when sales got a boost from the release of the new Nintendo Switch gaming console.
Target (NYSE:TGT) reported stronger-than-expected first-quarter results for fiscal 2026, with executives saying early merchandising and operational changes are beginning to resonate with shoppers, while cautioning that the company remains in the early stages of a broader turnaround effort. Chief Ex
Target's stock plunged in early trading Wednesday, despite quarterly results that came in ahead of Wall Street estimates.
Under its new CEO, Target has been making major changes to its stores in recent months to reconnect with customers after years of declining sales. As the company’s new strategy rolls out, it is seeing an unexpected shift in customer behavior as it works to regain its footing in retail. In ...
After a string of weak results, retailer says more shoppers are gravitating to its refreshed products and stores.
Yahoo Finance Executive Editor Brian Sozzi is joined by Opening Bid panel guests Crossmark Global Investments Chief Market Strategist Victoria Fernandez and Yahoo Finance Data and Markets Editor Jared Blikre to break down Target’s (TGT) earnings report after the retailer delivered better-than-expected results.
Target Corp (NYSE:TGT) posted its strongest comparable sales growth in four years, beating analyst expectations on both earnings and revenue, though shares fell as the retailer cautioned that cost pressures would weigh more heavily in the near term. The Minneapolis-based discount retailer...
Shares of Target (NYSE:TGT) are down 7% to $118 in early trading on Wednesday, May 20, after the retailer delivered a clean beat-and-raise quarter that investors are nonetheless selling. The reversal comes after a sharp rally into the report, with the stock entering the session up 33% year to date (YTD). The headline numbers were ... Target Is Melting Down Today. Should Walmart and Costco Stockholders Worry?
The headline numbers for Target (TGT) give insight into how the company performed in the quarter ended April 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Target (TGT) raised its full-year sales growth outlook on Wednesday as the retailer recorded higher-
The big-box retailer reports adjusted earnings of $1.71 a share, as revenue jumps 6.7% from a year ago.
News of the day for May 20, 2026