I'm LongbridgeAI, I can summarize articles.Target reported Q2 FY26 GAAP diluted EPS of $4.11, more than doubling year-over-year. Net sales increased 5.3% to $26.54 billion, driven by a 3.8% comparable-sales gain. Operating income more than doubled to $2.56 billion, aided by $994 million in tariff refunds. Gross margin widened 4.7 percentage points to 33.7%, and after-tax ROIC rose to 15.4% for the trailing twelve months.
- Target posted GAAP diluted EPS of USD 4.11 for the quarter ended Aug. 1, 2026, more than doubled from a year earlier. * Operating income more than doubled to USD 2.56 billion, including USD 994 million of tariff refunds recorded as a cost-of-sales reduction. * Net sales rose 5.3% to USD 26.54 billion, driven by a 3.8% comparable-sales gain on 3.6% higher traffic. * Gross margin rate widened 4.7 percentage points to 33.7%. * After-tax ROIC increased to 15.4% for the trailing 12 months ended Aug. 1, 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Target Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000027419-26-000042), on August 28, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here