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Get filing alertsTarget's second-quarter operating income nearly doubled to $2.56B, including $994 million related to tariff refunds received during the period.
Filed August 28, 2026 · Period ending August 1, 2026 · Compared to 10-Q Aug 29, 2025 · ~1 min read
Key Changes
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Net sales rose 5.3% to $26.54B, with comparable sales up 3.8 percent on a 3.6 percent increase in traffic.
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Operating income of $2.56B included $994 million related to tariff refunds; excluding that item, operating income growth was approximately 19 percent.
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Diluted EPS was $4.11, up 100.5%, including $1.65 related to after-tax benefits of tariff refunds.
2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 13, 2026 · How we verify