Target’s Strong Q2 Growth Momentum | Business and Finance News

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Recorded19 Aug 2026

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Target’s Q2 numbers are soaring—net sales hit $26.5 billion, up 5% year-over-year—with all six key product categories growing, including hardlines jumping double digits. After a shaky period, the retailer’s back on track with two straight quarters of comparable sales gains and a boosted full-year outlook. They’re expanding aggressively, opening 17 new stores and ramping up capital spending for store upgrades. Non-merchandise revenue surged 20%, signaling smart diversification. CEO Michael Fiddelke called it a major step forward but reminded everyone: sustained growth is the real goal—and apparel and home still need work. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/36b8fdb14da6b5c0

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