Target Prepares for Q2 2026 Earnings as Turnaround Takes Shape
Target is set to report fiscal Q2 2026 results on Wednesday, with expected EPS of $2.33 and revenue of $26.14 billion, as CEO Michael Fiddelke presses a turnaround focused on inventory, merchandising and product selection. The stock is up over 55% this year despite cautious consumer spending. Last quarter produced the first positive same-store sales in five quarters (+5.6%) and higher full-year revenue guidance, though analysts remain skeptical awaiting durable growth into FY27. The company will hold an 8 a.m. ET conference call.
