Target Corp (TGT) stock
Close on Oct 30, 2026Market cap $70.13BP/E 16.0Yield 2.94%
Earnings
Target's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Quarterly results
Revenue and earnings per share from each of Target's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Adj. EPS | Source |
|---|---|---|---|---|---|---|
| Q3 FY2026ended Nov 1, 2026 | Nov 18, 2026Expected | – | – | – | – | – |
| Q2 FY2026ended Aug 1, 2026 | Aug 19, 2026before the open | $26.50B | +5.2% | $4.11 | $4.11 | Release |
| Q1 FY2026ended May 2, 2026 | May 20, 2026before the open | $25.40B | +6.7% | $1.71 | $1.71 | Release |
| Q4 FY2025ended Jan 31, 2026 | Feb 11, 2026before the open | – | – | – | – | Release |
| Q3 FY2025ended Nov 1, 2025 | Nov 19, 2025before the open | $25.30B | -1.6% | $1.51 | $1.78 | Release |
| Q2 FY2025ended Aug 2, 2025 | Aug 20, 2025before the open | $25.20B | -1.2% | $2.05 | $2.05 | Release |
| Q1 FY2025ended May 3, 2025 | May 21, 2025before the open | $23.80B | -2.9% | $2.27 | $1.30 | Release |
| Q4 FY2024ended Feb 1, 2025 | Mar 4, 2025before the open | $30.90B | -3.1% | $2.41 | $2.41 | Release |
| Q3 FY2024ended Nov 2, 2024 | Nov 20, 2024before the open | $25.70B | +1.2% | $1.85 | $1.85 | Release |
| Q2 FY2024ended Aug 3, 2024 | Aug 21, 2024before the open | $25.50B | +2.8% | $2.57 | $2.57 | Release |
| Q1 FY2024ended May 4, 2024 | May 22, 2024before the open | $24.50B | -3.2% | $2.03 | $2.03 | Release |
| Q4 FY2023ended Feb 3, 2024 | Mar 5, 2024before the open | $31.90B | +1.6% | $2.98 | $2.98 | Release |
| Q3 FY2023ended Oct 28, 2023 | Nov 15, 2023before the open | $25.40B | -4.2% | $2.10 | $2.10 | Release |
| Q2 FY2023ended Jul 29, 2023 | Aug 16, 2023before the open | $24.80B | -4.6% | $1.80 | $1.80 | Release |
| Q1 FY2023ended Apr 29, 2023 | May 17, 2023before the open | $25.30B | +0.4% | $2.05 | $2.05 | Release |
| Q4 FY2022ended Jan 28, 2023 | Feb 28, 2023before the open | $31.40B | +1.3% | $1.89 | $1.89 | Release |
| Q3 FY2022ended Oct 29, 2022 | Nov 16, 2022before the open | $26.50B | +3.1% | $1.54 | $1.54 | Release |
| Q2 FY2022ended Jul 30, 2022 | Aug 17, 2022before the open | $26.00B | – | $0.39 | $0.39 | Release |
| Q1 FY2022ended Apr 30, 2022 | May 18, 2022before the open | $25.20B | – | $2.16 | $2.19 | Release |
| Q4 FY2021ended Jan 29, 2022 | Mar 1, 2022before the open | $31.00B | – | $3.21 | $3.19 | Release |
| Q3 FY2021ended Oct 30, 2021 | Nov 17, 2021before the open | $25.70B | – | $3.04 | $3.03 | Release |
| Q2 FY2021ended Jul 31, 2021 | Aug 18, 2021before the open | – | – | – | – | Filing |
| Q1 FY2021ended May 1, 2021 | May 19, 2021before the open | – | – | – | – | Filing |
| Q4 FY2020ended Jan 30, 2021 | Mar 2, 2021before the open | – | – | – | – | Filing |
| Q3 FY2020ended Oct 31, 2020 | Nov 18, 2020before the open | – | – | – | – | Filing |
| Q2 FY2020ended Aug 1, 2020 | Aug 19, 2020before the open | – | – | – | – | Filing |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
Target's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| net sales growth | FY2026 | +5% | +4% | Raised | Aug 19, 2026 |
| operating income margin rate | FY2026 | 6% | – | New | Aug 19, 2026 |
| GAAP and Adjusted EPS guidanceGAAP | FY2026 | $9.90 – $10.90 | $7.50 – $8.50 | Raised | Aug 19, 2026 |
| GAAP and Adjusted EPS guidancenon-GAAP | FY2026 | $9.90 – $10.90 | $7.50 – $8.50 | Raised | Aug 19, 2026 |
Guidance vs results
The last range Target gave before each report, against the figure it then reported. Full years add up the four quarters.
| Period | Metric | Guidance | Actual | Result |
|---|---|---|---|---|
| Q4 FY2024 | Adjusted EPS | $1.85 – $2.45 | $2.41 | Within range |
| Q4 FY2024 | EPS (GAAP) | $1.85 – $2.45 | $2.41 | Within range |
| Q3 FY2024 | Adjusted EPS | $2.10 – $2.40 | $1.85 | Below range |
| Q3 FY2024 | EPS (GAAP) | $2.10 – $2.40 | $1.85 | Below range |
| Q2 FY2024 | Adjusted EPS | $1.95 – $2.35 | $2.57 | Above range |
| Q2 FY2024 | EPS (GAAP) | $1.95 – $2.35 | $2.57 | Above range |
| Q1 FY2024 | Adjusted EPS | $1.70 – $2.10 | $2.03 | Within range |
| Q1 FY2024 | EPS (GAAP) | $1.70 – $2.10 | $2.03 | Within range |
| Q4 FY2023 | Adjusted EPS | $1.90 – $2.60 | $2.98 | Above range |
| Q4 FY2023 | EPS (GAAP) | $1.90 – $2.60 | $2.98 | Above range |
| Q3 FY2023 | Adjusted EPS | $1.20 – $1.60 | $2.10 | Above range |
| Q3 FY2023 | EPS (GAAP) | $1.20 – $1.60 | $2.10 | Above range |
| Q2 FY2023 | Adjusted EPS | $1.30 – $1.70 | $1.80 | Above range |
| Q2 FY2023 | EPS (GAAP) | $1.30 – $1.70 | $1.80 | Above range |
| Q1 FY2023 | adjusted EPS | $1.50 – $1.90 | $2.05 | Above range |
| Q1 FY2023 | EPS (GAAP) | $1.50 – $1.90 | $2.05 | Above range |
Guidance history
Every forecast Target put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Aug 19, 2026 | GAAP and Adjusted EPS guidance | FY2026 | $9.90 – $10.90 | Raised |
| Aug 19, 2026 | GAAP and Adjusted EPS guidance | FY2026 | $9.90 – $10.90 | Raised |
| Aug 19, 2026 | operating income margin rate | FY2026 | 6% | New |
| Aug 19, 2026 | net sales growth | FY2026 | +5% | Raised |
| May 20, 2026 | Adjusted diluted earnings per share guidance | FY2026 | $7.50 – $8.50 | New |
| May 20, 2026 | GAAP diluted earnings per share guidance | FY2026 | $7.50 – $8.50 | New |
| May 20, 2026 | Net sales growth | FY2026 | +4% | New |
| Nov 19, 2025 | Adjusted diluted earnings per share | FY2025 | $7.00 – $8.00 | Lowered |
| Nov 19, 2025 | GAAP diluted earnings per share | FY2025 | $7.70 – $8.70 | Lowered |
| Aug 20, 2025 | Adjusted EPS | FY2025 | $7.00 – $9.00 | New |
| Aug 20, 2025 | GAAP EPS | FY2025 | $8.00 – $10.00 | New |
| May 21, 2025 | Adjusted EPS | FY2025 | $7.00 – $9.00 | Lowered |
| May 21, 2025 | GAAP EPS | FY2025 | $8.00 – $10.00 | Lowered |
| Mar 4, 2025 | Adjusted EPS | FY2025 | $8.80 – $9.80 | New |
| Mar 4, 2025 | GAAP EPS | FY2025 | $8.80 – $9.80 | New |
| Mar 4, 2025 | effective tax rate | FY2025 | 23% – 24% | New |
| Mar 4, 2025 | Net Sales growth | FY2025 | +1% | New |
| Nov 20, 2024 | Adjusted EPS | Q4 FY2024 | $1.85 – $2.45 | New |
| Nov 20, 2024 | Adjusted EPS | FY2024 | $8.30 – $8.90 | Lowered |
| Nov 20, 2024 | GAAP EPS | Q4 FY2024 | $1.85 – $2.45 | New |
| Nov 20, 2024 | GAAP EPS | FY2024 | $8.30 – $8.90 | Lowered |
| Aug 21, 2024 | comparable sales | Q3 FY2024 | 0% – +2% | New |
| Aug 21, 2024 | comparable sales | FY2024 | 0% – +2% | Reaffirmed |
| Aug 21, 2024 | Adjusted EPS | Q3 FY2024 | $2.10 – $2.40 | New |
| Aug 21, 2024 | Adjusted EPS | FY2024 | $9.00 – $9.70 | Raised |
| Aug 21, 2024 | GAAP EPS | Q3 FY2024 | $2.10 – $2.40 | New |
| Aug 21, 2024 | GAAP EPS | FY2024 | $9.00 – $9.70 | Raised |
| May 22, 2024 | comparable sales | Q2 FY2024 | 0% – +2% | New |
| May 22, 2024 | comparable sales | FY2024 | 0% – +2% | New |
| May 22, 2024 | Adjusted EPS | Q2 FY2024 | $1.95 – $2.35 | New |
| May 22, 2024 | Adjusted EPS | FY2024 | $8.60 – $9.60 | Reaffirmed |
| May 22, 2024 | GAAP EPS | Q2 FY2024 | $1.95 – $2.35 | New |
| May 22, 2024 | GAAP EPS | FY2024 | $8.60 – $9.60 | Reaffirmed |
| Mar 5, 2024 | comparable sales | Q1 FY2024 | -5% – -3% | New |
| Mar 5, 2024 | Adjusted EPS | Q1 FY2024 | $1.70 – $2.10 | New |
| Mar 5, 2024 | Adjusted EPS | FY2024 | $8.60 – $9.60 | New |
| Mar 5, 2024 | GAAP EPS | Q1 FY2024 | $1.70 – $2.10 | New |
| Mar 5, 2024 | GAAP EPS | FY2024 | $8.60 – $9.60 | New |
| Nov 15, 2023 | Adjusted EPS | Q4 FY2023 | $1.90 – $2.60 | New |
| Nov 15, 2023 | GAAP EPS | Q4 FY2023 | $1.90 – $2.60 | New |
| Aug 16, 2023 | Adjusted EPS | Q3 FY2023 | $1.20 – $1.60 | New |
| Aug 16, 2023 | Adjusted EPS | FY2023 | $7.00 – $8.00 | Lowered |
| Aug 16, 2023 | GAAP EPS | Q3 FY2023 | $1.20 – $1.60 | New |
| Aug 16, 2023 | GAAP EPS | FY2023 | $7.00 – $8.00 | Lowered |
| May 17, 2023 | Adjusted EPS | Q2 FY2023 | $1.30 – $1.70 | New |
| May 17, 2023 | Adjusted EPS | FY2023 | $7.75 – $8.75 | Reaffirmed |
| May 17, 2023 | GAAP EPS | Q2 FY2023 | $1.30 – $1.70 | New |
| May 17, 2023 | GAAP EPS | FY2023 | $7.75 – $8.75 | Reaffirmed |
| Feb 28, 2023 | adjusted EPS | Q1 FY2023 | $1.50 – $1.90 | New |
| Feb 28, 2023 | adjusted EPS | FY2023 | $7.75 – $8.75 | New |
| Feb 28, 2023 | GAAP EPS | Q1 FY2023 | $1.50 – $1.90 | New |
| Feb 28, 2023 | GAAP EPS | FY2023 | $7.75 – $8.75 | New |
| Feb 28, 2023 | Operating income | FY2023 | $1.00B | New |
| Feb 28, 2023 | operating income margin rate | Q1 FY2023 | 4% – 5% | New |
| Nov 16, 2022 | operating margin rate | Q4 FY2022 | 3% | New |
| Aug 17, 2022 | operating margin rate | FY2022 | 6% | Reaffirmed |
| May 18, 2022 | operating income margin rate | Q2 FY2022 | 5.3% | New |
| May 18, 2022 | operating income margin rate | FY2022 | 6% | Lowered |
| Mar 1, 2022 | operating margin rate | FY2022 | 8% | New |
| Nov 17, 2021 | operating income margin rate | FY2021 | 8% | New |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases Target filed with the SEC as exhibits to Form 8-K or 6-K
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