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Target (TGT) Q2 2026 earnings
CNBC • • business
Key Points:
- Target is set to report its fiscal second-quarter results, providing insight into its turnaround efforts under CEO Michael Fiddelke amid ongoing consumer spending pressures.
- Analysts expect earnings per share of $2.33 and revenue of $26.14 billion for the quarter, following a 5.6% increase in same-store sales last quarter.
- The company has raised its full-year revenue guidance but remains cautious due to market uncertainty, focusing on inventory, product selection, and sales strategy improvements.
- Despite recent sales growth, analysts remain skeptical about the sustainability of Target's market share gains and long-term growth prospects.
- Target's stock has risen over 55% this year, reflecting investor optimism amid ongoing efforts to regain consistent growth.
