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Target (TGT) guidance and outlook
Target's 10-Q filed Aug 28, 2026 makes 5 forward-looking statements, 0 of them new and 0 no longer said since the filing before.
Guidance and outlook
Forward-looking statements, 10-Q filed Aug 28, 2026
- Merchandise Sales are net of expected returns and our estimate of gift card breakage.
- We expect that comparable sales growth will drive a significant portion of our total sales growth.
- Each of the credit rating agencies reviews its rating periodically, and there is no guarantee our current credit ratings will remain the same as described above.
- We are, and expect to remain, in compliance with these covenants.
- We believe our sources of liquidity, namely operating cash flows, credit facility capacity, and access to capital markets, will continue to be adequate to meet our contractual obligations, working capital, and planned capital expenditures, finance anticipated expansion and strategic initiatives, fund debt maturities, pay dividends, and execute purchases under our share repurchase program for the foreseeable future.
Target's latest quarter
Target, Q2 FY27: revenue $26.5B (+5% year over year), operating margin 9.6%, net earnings $1.9B, operating cash flow $3.8B. The chart follows the revenue to costs, profit and cash.
Questions
What does Target expect?
Merchandise Sales are net of expected returns and our estimate of gift card breakage. We expect that comparable sales growth will drive a significant portion of our total sales growth. Each of the credit rating agencies reviews its rating periodically, and there is no guarantee our current credit ratings will remain the same as described above.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.