Shares of Target (NYSE:TGT) are down 7% to $118 in early trading on Wednesday, May 20, after the retailer delivered a clean beat-and-raise quarter that investors are nonetheless selling. The reversal comes after a sharp rally into the report, with the stock entering the session up 33% year to date (YTD). The headline numbers were ... Target Is Melting Down Today. Should Walmart and Costco Stockholders Worry?
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The headline numbers for Target (TGT) give insight into how the company performed in the quarter ended April 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Target (TGT) raised its full-year sales growth outlook on Wednesday as the retailer recorded higher-
The big-box retailer reports adjusted earnings of $1.71 a share, as revenue jumps 6.7% from a year ago.
News of the day for May 20, 2026
Net sales rose 6.7% in the first quarter, with comparable sales up 5.6% — the retailer's first positive comp in five quarters
Target (TGT) delivered earnings and revenue surprises of +21.44% and +4.06%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?
Investing.com -- Target Corporation (NYSE:TGT) shares are trading around 1.4% higher premarket on Wednesday after the company reported first-quarter results that exceeded Wall Street expectations.
Target Corporation (NYSE:TGT) shares rose around 1. 4% in premarket trading on Wednesday after the retailer posted first-quarter results that came in ahead of Wall Street forecasts.
Target, which embarked on a turnaround plan under its new CEO earlier this year, reported its largest jump in comparable store sales in four years Wednesday. More customers buying in all six of Target’s main merchandising categories helped deliver the better-than-expected sales, the company said. Comparable sales — those coming from stores and digital channels operating for at least 12 months, rose 5.6% in the three-month period ended May 2.
Fiddelke said the first quarter “represents the start of our journey.”
Target CEO Michael Fiddelke says the company saw strength in its consumers across geographies and merchandise categories.
Target CEO Michael Fiddelke says the company saw strength in its consumers across geographies and merchandise categories.
🔎Nvidia (NVDA): The chip maker and world’s most valuable company by market cap is set to report earnings after markets close. Shares rose before the opening bell. ↗️AMC Entertainment (AMC): Stock in the movie-theater chain with a meme-stock following soared 7% premarket after CEO Adam Aron disclosed he had purchased 250,000 more shares, posting on X that he had “enormous confidence” in the company.
Micron shares rise on the prospect of a strike affecting rival memory-chip maker Samsung, while Nvidia climbs ahead of its earnings report due after the closing bell Wednesday.
England previously served as chief supply chain officer at Genuine Parts Company and has spent nearly two decades at Walmart across operations, strategy and finance roles.
Nvidia, the most valuable public company by market capitalization, will report earnings Wednesday, the last of the Magnificent Seven tech companies to do so. Big retailers including Walmart and Target will also report this week.
In mid‑May 2026, Trillium Asset Management urged Target shareholders to vote against Executive Chair Brian Cornell and Lead Independent Director Christine Leahy at the upcoming June 10 annual meeting, while brands like RYZE, Seven Sundays, Ready, and Onside announced new product launches and expansions across Target stores nationwide. These developments highlight how Target is simultaneously facing boardroom pressure over governance and performance while pushing harder into wellness,...
Asking for a Trend host Josh Lipton gets investors ready for the busy trading day ahead on May 20, breaking down the key earnings reports to watch — including Nvidia (NVDA), TJ Maxx (TJX), Lowe’s (LOW), and Target (TGT) — along with the release of the Fed’s April FOMC meeting minutes.
Investing.com -- A coalition of activist shareholders, including SOC Investment Group, Trillium Asset Management and Mercy Investment Services, has written to fellow Target (NYSE: TGT) investors urging them to vote against Executive Chair Brian Cornell and Lead Independent Director Christine Leahy at the company’s annual general meeting on June 10.
The stock market fell Tuesday as yields hit new highs, but some AI leaders like Micron and Sandisk rebounded. Nvidia earnings loom.
Walmart shares have been on a run heading into the company’s Q1 earnings on May 20. But options data suggests WMT stock will push further up after the quarterly print.
TJX Cos., owner of TJ Maxx and Marshalls, will report earnings on Wednesday. Shares traded up going into the report.
Analysts expect that Target’s earnings per share will climb more than 12% from the year-ago period to $1.47.
There’s a large camp among Wall Street analysts that assumes when the technology and other growth sectors plunge, the safety trade is in consumer staples. Here's why that might be changing.
Target stock is gaining as the retailer names Jeff England as chief of global supply chain and logistics. But TGT shares remain unattractive heading into the firm’s Q1 earnings on May 20.
Target and Walmart's Q1 results will be closely watched this week as bellwethers for the retail sector and for the health of the American consumer overall.