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Target's turnaround gains traction as earnings beat boosts outlook

1 min read
Source: Yahoo Finance
Target's turnaround gains traction as earnings beat boosts outlook
Photo: Yahoo Finance
TL;DR

Target beat earnings expectations in Q2 as sales rose across all departments, traffic improved, and margins benefited from tariff refunds; the retailer raised full-year guidance and signaled ongoing price investments amid a broad merchandising reset, with CEO Michael Fiddelke saying the turnaround is gaining traction and aims for years of sustained top-line growth.

Topics:businesscompany-earnings#company-earnings#earnings-beat#merchandising-reset#price-cuts#target#turnaround
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  1. Target delivers earnings beat, CEO 'encouraged' by turnaround traction  Yahoo Finance
  2. Target hikes outlook as sales rebound and huge tariff refund boosts bottom line  CNBC
  3. Target earnings: Turnaround materializing as grocery sales jump  Axios
  4. Target Lifts Full-Year Outlook as Recovery Efforts Gain Ground  Bloomberg.com
  5. Target Q2 2026 earnings beat: sales up 5.3%, guidance raised  qz.com

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