Target Corporation (TGT)

Target topped consensus on both the top and bottom line in the second fiscal quarter of 2026, reported Aug. 19, based on preliminary results. Revenue rose 5.3% from about $25.2 billion a year ago to about $26.5 billion, with gross margin near 33.7% and operating margin about 9.6%; the reported $26.539 billion topped the $26.152 billion estimate, +1.5%. EPS of $4.11 topped the $2.35 estimate, +74.9%, and was up 100.5% from $2.05 a year ago. Net income reached about $1.9 billion, up 100.7% from $935.0 million a year ago, operating cash flow came in at about $3.8 billion, and the company paid about $518 million in dividends. For the next period, consensus calls for EPS of $1.89 on revenue of $26.133 billion.