American retailer Target has reported stronger-than-expected Q1 2026 results, with net sales rising 6.7 per cent YoY to $25.44 billion, supported by merchandise, digital and non-merchandise growth.
Comparable sales grew 5.6 per cent, while adjusted operating income rose 29.1 per cent.
Net earnings declined to $781 million.
Target raised its 2026 net sales outlook to around 4 per cent growth.