Wed, 20 May 2026 11:04:59 GMT
Target Corporation Earnings Summary
Target Corporation reported stronger-than-expected first-quarter 2026 results, driven by growth across both merchandise categories and sales channels. Net sales rose 6.7% year over year to $25.4 billion, supported by a 6.4% increase in merchandise sales and a 24.6% jump in non-merchandise revenue from areas such as Roundel advertising, Target Circle 360 memberships, and the Target+ marketplace. Comparable sales increased 5.6%,