Investors who bought Target (TGT) shares on October 20, 2025 gained 75.1% a year later, versus 15.8% for the S&P 500. Revenue moved from a 1.6% decline in the quarter ended November 1, 2025 to 5.3% growth in the quarter ended August 1, 2026, with comparable sales up 3.8% on a 3.6% rise in traffic. Tariff refunds drove most of the margin gain, supplying 3.7 of the 4.7 percentage points added to gross margin and a $994 million pretax benefit, which lifted operating margin to 9.6% from 5.2%. Excluding the refund, operating income was about $1.57 billion versus $1.32 billion a year earlier. Twelve-month revenue reached $108 billion, up 2.0% and level with the four quarters ended July 30, 2022, while management said performance in home and apparel is not yet where it needs to be.
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Related tickers and likely impact
AMZN
• NeutralAmazon
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.7T |
| Close on 10/21/2026 | 262.37 |
| Change that session | -0.10% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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