Target Stores Fulfill 97.6% of Merchandise Sales as Digital Grows

EarningsAnalyst
โดย Zacks Investment Research·US·Read original
Summary · why it matters

Target Corporation's stores handled fulfillment for 97.6% of merchandise sales in its second-quarter fiscal 2026 results, well above the 80.4% of merchandise sales that originated in stores. Digitally originated sales accounted for 19.6% of merchandise sales, up from 18.9% a year earlier, while comparable digital sales rose 8.7% and same-day delivery grew more than 25%. Target fulfilled nearly 30% more same-day and next-day units than in the prior-year period. The retailer opened 17 new stores in the second quarter, bringing its first-half fiscal 2026 total to 24 new locations, and advanced more than 100 store remodels. The Zacks Consensus Estimate for Target's earnings per share for the current and next fiscal year has increased by $2.01 and 41 cents to $10.43 and $9.36, respectively, over the past 30 days, and the company currently carries a Zacks Rank #2 (Buy).

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Consumer Staples · 3 stocks
Target Corporation
TGT
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Zacks Consensus EPS estimates for Target rose over the past 30 days and it carries a Zacks Rank #2 (Buy)