Q2 2027 Earnings

EX-99 2 a2026q2ex-99.htm EX-99 Document Exhibit 99 FOR IMMEDIATE RELEASE Contacts: John Hulbert, Investors, (612) 761-6627 Joe Poulos, Media, (612) 696-3400 Target Corporation Reports Second Quarter Earnings • Second quarter net sales grew 5.3 percent over last year, with comparable sales growth of 3.8 percent driven by a 3.6 percent increase in comparable traffic. ◦ On a two-year basis, second quarter Net Sales compounded annual growth rate was 2.1%, a 30 basis point acceleration to prior quarter. ◦ Topline strength was broad-based across sales channels, demographics, merchandise categories, and across the quarter. ▪ Store comparable sales grew 2.7 percent, and Digital comparable sales grew 8.7 percent, led by more than 25 percent growth in same-day delivery. ▪ Net sales in all six core merchandising categories grew versus a year ago with double-digit growth in Fun 101 and high single-d...