Retail
EPS
+6.52% surprise
Revenue
+0.81% surprise
Numbers from the TGT earnings press release. The SEC 10-Q filing usually lands within a week — full AI analysis is generated automatically once it does.
Target reported Q1 FY2026 net sales growth of 6.7% to $25.4B, but GAAP diluted EPS fell 24.7% to $1.71 because the prior-year period included $593M of pretax interchange-fee settlement gains, while adjusted EPS rose 31.6%. Source: 10-Q Item 2 MD&A, pp.14, 19-20
Key risk: Pressure on operating profitability
Operating income declined 22.9% year over year to $1.135B and net income declined 24.6% to $781M. The financial data show SG&A expense rose 21.2%, substantially faster than 6.7% revenue growth, which may make operating-margin recovery more difficult if this cost-growth relationship persists.
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