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The Independent UK
The Independent UK
National
Anne d'Innocenzio

Target’s comeback quarter: New merchandise, more shoppers and a $994M tariff refund

US Results Target - (Copyright 2026 The Associated Press. All rights reserved.)

Target reported its second straight quarter of comparable sales gains on Wednesday, saying a merchandising overhaul under the retailer's new CEO is attracting more customers and boosting sales throughout its stores.

Comparable sales — those coming from stores and digital channels operating for at least 12 months —rose 3.8% in the second quarter. The company also upgraded its annual profit and sales outlook, citing the solid performance during the first half of the year.

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