Short answer
Target Corporation (TGT) filed an 8-K current report with the SEC on August 19, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Target released financial results for the three months ended August 1, 2026.
Target Corporation 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Target released financial results for the three months ended August 1, 2026
- Exhibit 99 contains the detailed earnings release and operating performance information
Item EX-99.1 · Exhibit EX-99.1
- Q2 net sales $26.5B, up 5.3%, with comparable sales up 3.8% and traffic up 3.6%
- Digital comparable sales rose 8.7%, led by same-day delivery growth above 25%; store comparables increased 2.7%
- EPS $4.11 versus $2.05, including $1.65 tariff-refund benefit; underlying EPS growth was 20%
- $994M tariff refunds lifted operating margin to 9.6%; underlying gross margin expanded approximately 100 basis points
- 2026 sales-growth guidance increased to around 5%; EPS guidance $9.90-$10.90 includes approximately $1.65 tariff benefit
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