Added to YB: 2026-08-24
Pitch date: 2026-08-19
TGT [neutral]
Target Corporation
Author Info
M Squared Capital is a small-cap growth equity firm that invests in companies with long-term growth potential. We are a value-oriented firm that invests in companies with a strong balance sheet and a track record of growth. Sign up for the newsletter.
Company Info
Target Corporation operates as a general merchandise retailer in the United States. It offers apparel for women, men, young adults, kids, toddlers, and babies, as well as jewelry, accessories, and shoes; and beauty products, such as skin and bath care, cosmetics, hair care, oral care, deodorant, and shaving products.
Market Cap
$72.2B
Pitch Price
N/A
Price Target
N/A
Dividend
2.92%
EV/EBITDA
9.23
P/E
16.49
EV/Sales
0.80
Sector
Consumer Staples Distribution and Retail
Category
growth
Target Corp: 2Q26 Immediate Call Postmortem
TGT (earnings): 2Q26 mgmt (Fiddelke) touts 'broad based strength' — largest in-store transitions in a decade, ¾ decorative assortment replaced. Snack sales +15%, LEGO +30%, plush +20%. LoveShackFancy = biggest-ever collab. Roundel billings +20%, Target Plus GMV +40%, Circle rev +40%. Same/next-day units +30%. More initiatives ahead in home/apparel for 2027+. Bear thesis remains consistency; home has long lead times.
Read full article (3 min)