Target Corp
TGT: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >b# | LOCK|N< | LOCK|K>dSDq |
Target Earnings: Merchandising-Led Turnaround Gains Traction as Traffic Improves; Shares Overvalued
Target's second-quarter results included a 3.8% comparable sales increase and adjusted earnings per share of $4.11, up 100% year over year. Gross margin expanded 470 basis points to 33.7% on 370 basis points from tariff refunds but also fewer markdowns and more high-margin revenue streams.
