🟢 Target is trading 5% up today after Q2 sales beat and guidance rose

Target is trading at $160.37, up +5.16%, as investors focused on improved underlying earnings and turnaround progress.

• Q2 sales reached $26.54 billion, while comparable sales grew 3.8%, exceeding expectations.
• Management raised full-year sales-growth guidance to 5% and adjusted EPS guidance to $9.90–$10.90.
• Reported EPS included $1.65 from a $994 million tariff refund, tempering the headline beat; the gain sharply reversed premarket weakness.