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Target — May 20, 2026 release

Fiscal 2027 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000027419-26-000020
Open on SEC.gov ↗
Showing in the filing
Adjusted diluted earnings per share
“$7.50 - $8.50”
Period
FY2026
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 5
Net sales growth for FY2026
“a range around 4 percent compared with 2025 - two percentage points higher than the prior range”
Net sales growth cadence for FY2026
“continues to expect to grow net sales in every quarter of the year”
Operating income margin rate for FY2026
“more than 20 basis points higher than the 4.6 percent Adjusted operating income margin rate in 2025”
GAAP and Adjusted EPS for FY2026
“near the high end of the prior guidance range of $7.50 to $8.50”
Adjusted diluted earnings per share for FY2026
“$7.50 - $8.50”
Exhibit 99.1 · the passage around this item
… earlier in the release
In the past, these items have included both gains and losses, including certain asset impairments, severance, and other items that are discretely managed. Reconciliation of Non-GAAP Adjusted EPS Guidance (per share) (unaudited) Full Year 2026 GAAP diluted earnings per share guidance $7.50 - $8.50 Estimated adjustments Other (a) Adjusted diluted earnings per share guidance $7.50 - $8.50 (a) The guidance does not currently reflect any discrete items.
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.