Valued at a market cap of $62.6 billion, Target Corporation (TGT) is one of the largest discount retailers in the United States. The Minnesota-based company offers a broad assortment of merchandise across categories including apparel, beauty, home furnishings, electronics, food and beverages, essentials, and household products.
The retail titan is scheduled to announce its fiscal Q2 earnings for 2027 on Wednesday, Aug. 19, before the market opens. Ahead of the release, analysts expect this general merchandise retailer to report a profit of $2,21 per share, up 7.8% from $2.05 per share in the year-ago quarter. The company has topped Wall Street’s bottom-line estimates in three of the last four quarters, while missing on another occasion.
