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U.S. COMPANY FILING

TARGET CORP — Form 10-Q filed 2026-05-29

Filed: 2026-05-29Company: TARGET CORPTicker: TGTExchange: NYSEForm: 10-QReport period: 2026-05-02SEC accession: 0000027419-26-000022Event: earningsMateriality: 85

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Target's Q1 2026 net sales rose 6.7% to $25.44B, with comparable sales up 5.6%. GAAP diluted EPS fell 24.5% to $1.71, but adjusted EPS rose 31.6% to $1.71. Operating income declined 22.9% to $1.135B, impacted by prior-year $593M litigation gains. Tariffs remain a risk, but IEEPA refunds have begun.

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