Target releases transcript of Q2 2026 earnings conference call

Reuters2026/08/19 21:05

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Target Q2 2026 earnings call with CEO Michael Fiddelke, CFO Jim Lee, COO Lisa Roath, CMO Cara Sylvester, IR head John Hulbert.
Net sales USD 26.5 billion, up 5.3%; comparable sales up 3.8% on traffic up 3.6%; digital comps up 8.7%.
Gross margin 33.7%, up 4.7 points, including USD 994 million pretax IEEPA tariff refunds; operating margin 9.6%.
EPS 4.11; tariff refunds contributed 1.65; excluding refunds, adjusted EPS about 20% higher than a year earlier.
Raised full-year net sales growth outlook to around 5%; lifted EPS range to 9.90-10.90, excluding any additional tariff refunds.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Target Corporation published the original content used to generate this news brief on August 19, 2026, and is solely responsible for the information contained therein.

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Target releases transcript of Q2 2026 earnings conference call

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