---
schema_version: "secwatch.filing_event.v1"
accession: "0000027419-26-000020"
form_type: "8-K"
ticker: "TGT"
cik: "0000027419"
company_name: "TARGET CORP"
filed_at: "2026-05-20T11:57:30+00:00"
generated_at: "2026-05-20T12:00:09.939741+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Target Q1 net sales +6.7% YoY, adjusted EPS $1.71 beats prior year adj. $1.30

## Summary
- GAAP and adjusted EPS of $1.71; prior-year GAAP EPS $2.27 included legal gains; adjusted up 32%.
- Comparable traffic +4.4%; digital comp sales +8.9%, driven by same-day delivery growth >27%.
- Non-merchandise sales surged nearly 25% on Roundel ads, Target Circle 360, and marketplace.
- All six core merchandising categories posted year-over-year net sales growth.
- CEO Fiddelke cited 'encouraging early signs' that strategy is driving broad-based growth.

## SEC filing metadata
- accession: 0000027419-26-000020
- form_type: 8-K
- ticker: TGT
- cik: 0000027419
- company_name: TARGET CORP
- filed_at: 2026-05-20T11:57:30+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/27419/000002741926000020/0000027419-26-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/27419/000002741926000020/tgt-20260520.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000027419-26-000020
- JSON: https://secwatch.observer/filing/0000027419-26-000020.json
- Plain text: https://secwatch.observer/filing/0000027419-26-000020.txt

## Key facts
- Earnings Releases
  TARGET CORP reported the three months ended May 2, 2026 results: EPS $1.71.
  - Period: the three months ended May 2, 2026
  - EPS: $1.71
  - Result: reported results
  source text: On May 20, 2026, Target Corporation issued a News Release containing its financial results for the three months ended May 2, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/27419/000002741926000020/0000027419-26-000020-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.