Target Earnings Surprise: New CEO Flags 2026 Sales Growth as Shares Jump
Target forecast 2026 net sales growth of about 2% and earnings per share of $7.50 to $8.50. Fourth-quarter comparable sales fell 2.5%, while adjusted EPS rose to $2.44. The company reported a February sales increase and a 5.5% premarket share gain. Non-merchandise sales jumped over 25%, with membership revenue more than doubling.