HighGravityDataCurrent guidance
8 items
Target
Guidance from Target’s last 8 earnings releases. Every value links to its sentence in the filing. See something wrong? Tell us.
Releases tracked
8
Latest release
Aug 19, 2026
Data checked
Aug 19, 2026
What changed in the Aug 19, 2026 release
Each item compared with the same item in the previous release (May 20, 2026). Values in quotation marks are the company’s words.
New — first stated in this releaseRaised / Lowered / Narrowed / Widened — changed from the prior releaseRevised — wording changed, direction not determinableChanged — value changed; the comparison couldn’t be parsed to a directionReiterated — restated unchangedNot restated — stated before, absent nowRaised and lowered describe the number, not whether the change is favorable.
| Change | Metric | Period | Previous | Now | Source |
|---|---|---|---|---|---|
| New | Net sales growth | for FY2026 | — | “a range around 5 percent” | Filing ↗ |
| Raised | Adjusted diluted earnings per share | for FY2026 | “$7.50 - $8.50” | “$9.90 - $10.90” | Filing ↗ |
| New | GAAP and Adjusted EPS | for FY2026 | — | “$9.90 to $10.90, which includes second quarter tariff refund benefits of approximately $1.65” | Filing ↗ |
| Changed | Operating income margin rate | for FY2026 | “more than 20 basis points higher than the 4.6 percent Adjusted operating income margin rate in 2025” | “a range around 6 percent, including approximately 90 basis points of benefit from Q2 tariff refunds” | Filing ↗ |
| New | Operating income margin rate, excluding tariff refunds | for FY2026 | — | “in a range around 50 basis points higher than last year's Adjusted operating income margin rate of 4.6 percent” | Filing ↗ |
Show 1 item not restated in this release
| Change | Metric | Period | Previous | Now | Source |
|---|---|---|---|---|---|
| Not restated | Net sales growth cadence | for FY2026 | “continues to expect to grow net sales in every quarter of the year” | — | Filing ↗ |
Current guidance
Guidance for periods that have not yet ended, at its most recent value, grouped by horizon.
Current fiscal year
| Metric | Current value | Period | Measure | First stated | Times stated | Source |
|---|---|---|---|---|---|---|
| Net sales growth | “a range around 5 percent” | for FY2026 | GAAP-tied | Aug 19, 2026 | 1 | Filing ↗ |
| Net sales growth | “a range around 4 percent compared with 2025 - two percentage points higher than the prior range” | for FY2026 | GAAP-tied | Mar 3, 2026 | 2 | Filing ↗ |
| Net sales growth cadence | “continues to expect to grow net sales in every quarter of the year” | for FY2026 | GAAP-tied | Mar 3, 2026 | 2 | Filing ↗ |
| Adjusted diluted earnings per share | “$9.90 - $10.90” | for FY2026 | Company-defined | Mar 3, 2026 | 3 | Filing ↗ |
| GAAP and Adjusted EPS | “$9.90 to $10.90, which includes second quarter tariff refund benefits of approximately $1.65” | for FY2026 | Company-defined | Aug 19, 2026 | 1 | Filing ↗ |
| GAAP and Adjusted EPS | “near the high end of the prior guidance range of $7.50 to $8.50” | for FY2026 | Company-defined | Mar 3, 2026 | 2 | Filing ↗ |
| Operating income margin rate | “a range around 6 percent, including approximately 90 basis points of benefit from Q2 tariff refunds” | for FY2026 | GAAP-tied | Mar 3, 2026 | 3 | Filing ↗ |
| Operating income margin rate, excluding tariff refunds | “in a range around 50 basis points higher than last year's Adjusted operating income margin rate of 4.6 percent” | for FY2026 | GAAP-tied | Aug 19, 2026 | 1 | Filing ↗ |
How one item moved
Adjusted diluted earnings per share, for FY2025 — every statement across the year, each linked to its filing.
How your Big-box & discount retail sector group guides
12 companies in Big-box & discount retail. What they guide on, and who reported this season.
Most-guided metric families
This season’s releases
| Best Buy | Aug 27, 2026 | 6 changes |
| Burlington Stores | Aug 27, 2026 | 19 changes |
| Dollar General | Aug 27, 2026 | 3 changes |
| Dollar Tree | Aug 27, 2026 | 4 changes |
| Ulta Beauty | Aug 27, 2026 | 3 changes |
| Dick's Sporting Goods | Aug 24, 2026 | 14 changes |
| BJ's Wholesale Club | Aug 21, 2026 | 1 change |
| Ross Stores | Aug 20, 2026 | 9 changes |
Get this for your own peer set — Peer Guidance Briefing, $3,000.
Full history
Every metric, every release, eight quarters — the complete record as one table.
| Metric | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| Net sales growth | 3 statements | 1 statement | — |
| Net sales growth cadence | 2 statements | — | — |
| Comparable sales growth | — | 1 statement | 1 statement |
| Adjusted diluted earnings per share | 4 statements | 4 statements | 2 statements |
| Adjusted EPS | — | 3 statements | — |
The full record for Target and its Big-box & discount retail peers, delivered as a Peer Guidance Briefing — PDF and Excel, every value linked to its filing.
Filings
The 8 earnings releases this page is built from.
| Filed | Fiscal period | Accession | Guidance items | |
|---|---|---|---|---|
| Aug 19, 2026 | FY2027 Q2 | 0000027419-26-000034 | 5 | Open filing ↗ |
| May 20, 2026 | FY2027 Q1 | 0000027419-26-000020 | 5 | Open filing ↗ |
| Mar 3, 2026 | FY2026 Q4 | 0000027419-26-000012 | 7 | Open filing ↗ |
| Nov 19, 2025 | FY2026 Q3 | 0000027419-25-000123 | 7 | Open filing ↗ |
| Aug 20, 2025 | FY2026 Q2 | 0000027419-25-000115 | 5 | Open filing ↗ |
| May 21, 2025 | FY2026 Q1 | 0000027419-25-000096 | 5 | Open filing ↗ |
| Mar 4, 2025 | FY2025 Q4 | 0000027419-25-000008 | 7 | Open filing ↗ |
| Nov 20, 2024 | FY2025 Q3 | 0000027419-24-000177 | 5 | Open filing ↗ |
Not located in filing
3 values were detected in these releases but could not be matched to an exact sentence in the filing body, so they are not shown as guidance. We surface the count rather than drop it silently.
Show the 3 unmatched spans
| Span | Why | Filed |
|---|---|---|
| Q1 GAAP and Adjusted EPS = flat to up slightly from last year's Adjusted EPS of $1.30 | span gate: value not verbatim in filing | Mar 3, 2026 |
| GAAP and Adjusted EPS = flat to up slightly from last year's Adjusted EPS of $1.30 | span gate: value not verbatim in filing | Mar 3, 2026 |
| operating margin rate = A modest increase in the Company's operating margin rate compared to full-year 2024 | span gate: value not verbatim in filing | Mar 4, 2025 |
Values in quotation marks are the company’s words; the classification and filing links are HighGravityData’s. HighGravityData does not score or rank companies or give investment advice.
Report an error