Target Corp (TGT) reported third quarter net earnings of $436 million or $0.58 per share, compared to $369 million or $0.49 per share last year.
On average, 20 analysts polled by Thomson Reuters expected the company to report earnings of $0.50 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues grew to $15.28 billion from $15.11 billion in the prior year quarter.
Seventeen analysts estimated revenues of $15.25 billion.
In light of the current and projected economic environment and expectations for a highly promotional holiday season, Target remains cautious about fourth quarter performance and is planning conservatively in both business segments.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.