---
title: "TARGET CORP Q2 2026: Revenue $26.54B, EPS $4.11— 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297359110.md"
description: "Target Corp reported Q2 2026 results with revenue of $26.54B, up 5.3% YoY, and diluted EPS of $4.11, a 100.5% increase. Growth was driven by digital sales strength, improved margins to 33.7%, and increased guest traffic. Net income rose to $1.88B. The company opened 17 new stores, bringing the total to 2,019."
datetime: "2026-08-28T18:01:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297359110.md)
  - [en](https://longbridge.com/en/news/297359110.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297359110.md)
generator: "portal-rs"
---

# TARGET CORP Q2 2026: Revenue $26.54B, EPS $4.11— 10-Q Summary

Target Corp reported second-quarter 2026 results with revenue up and materially higher earnings versus the prior-year quarter, driven by strength in digital sales, improved margins and growth in guest traffic and transactions.

**Financial Highlights**

Metric

Current quarter

Prior year quarter

YoY change

Revenue¹

$26.54B

$25.21B

5.3%

Net income²

$1.88B

$935M

100.7%

Diluted EPS³

$4.11

$2.05

100.5%

*¹ Reported as “Net sales”. ² Reported as “Net earnings”. ³ Reported as “Diluted earnings per share”.*

**Business Highlights**

-   Revenue growth: Net sales rose 5.3% year over year for the quarter (6.0% year-to-date), supported by comparable-store growth and new store contributions.
-   Channel shift: Digitally originated sales outpaced store-originated sales, with digital comps roughly 8.7% versus store comps near 2.7%.
-   Guest engagement: Traffic increased about 3.6% and average transaction value rose 0.2% in the quarter; Roundel advertising also contributed to momentum.
-   Store expansion and inventory: Target opened 17 stores in the quarter (24 YTD), bringing the total to 2,019 stores; inventory levels were elevated to support sales growth.
-   Margins and fulfillment: Gross margin improved to 33.7% in the quarter, aided by merchandising gains, supply-chain productivity and tariff refunds.

Original SEC Filing: TARGET CORP \[ TGT \] - 10-Q - Aug. 28, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**