TGT on NYSE

Target Corporation

Logo: The original uploader was bob vaans from vans refrigaton at English Wikipedia ., Public domain, via Wikimedia Commons6

American retail corporation and discount department store chain

Target Corporation is an American retail corporation and discount department store chain headquartered in Minneapolis, Minnesota, United States. Target operates small-format and large-format retail stores and hypermarkets. It is the eighth-largest retailer in the U.S. and a component of the S&P 500 Index.3 It was founded by George Dayton.1 It employed about 400,000 people in 2025.1 Its revenue was $109 billion in 2022.1 Its shares trade on NYSE under the symbol TGT.1 Wikipedia text CC BY-SA 4.0

$154.44 down 2.19 (1.40%)Price as of Oct 16, 2026 at 19:58 UTC

Last updated Oct 21, 2026.

Overview

$104.8BRevenue, fiscal 20267
$3.7BNet income, fiscal 20267
May 1, 1962Founded1

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  • TickerTGT on NYSE1
  • Industrybig-box store, retail, retail chain1
  • HeadquartersMinneapolis1
  • Websitewww.target.com
  • Incorporated inMN8
  • Business address1000 Nicollet Mall, Minneapolis, Mn 554038
  • Filer categoryLarge accelerated filer8
  • Legal formBusiness Corporation4
  • LEI8WDDFXB5T1Z6J0XC1L664
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressC/O C T Corporation System, 55117 St. Paul, United States4
  • Registered withOffice of the Minnesota Secretary of State Business & Lien system, 11-AA4
Target2398
Photo: Skinner2398, CC BY-SA 4.0, via Wikimedia Commons10

Target Corporation is an American retail corporation and discount department store chain headquartered in Minneapolis, Minnesota, United States. Target operates small-format and large-format retail stores and hypermarkets. It is the eighth-largest retailer in the U.S. and a component of the S&P 500 Index.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

4.9%Operating margin7
3.5%Net margin7
-1.7%Revenue growth, 20267
22.9%Return on equity7
0.89×Debt to equity7
$2.8BFree cash flow7

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Food and Beverage brought in 23% of the revenue Target Corporation broke down this way in fiscal 2026.

  1. Food and Beverage$24.1B723%up 1% from 2025
  2. Household Essentials$18.0B717%down 3% from 2025
  3. Hardlines$15.8B715%up 0% from 2025
  4. Apparel And Accessories$15.7B715%down 5% from 2025
  5. Home Furnishings and Decor$15.6B715%down 7% from 2025
  6. Beauty$13.2B713%up 0% from 2025
  7. Advertising Revenue$915.0M71%up 41% from 2025
  8. Other, Other Revenue$626.0M71%up 20% from 2025
  9. Credit Card Profit Sharing$522.0M70%down 9% from 2025
  10. Other Product$205.0M70%down 6% from 2025
Products and services by year
Products and services202420252026
Food and Beverage$23.9B$23.8B$24.1B
Household Essentials$18.7B$18.6B$18.0B
Hardlines$16.2B$15.8B$15.8B
Apparel And Accessories$16.5B$16.5B$15.7B
Home Furnishings and Decor$17.8B$16.7B$15.6B
Beauty$12.5B$13.2B$13.2B
Advertising Revenue$522.0M$649.0M$915.0M
Other, Other Revenue$420.0M$521.0M$626.0M
Credit Card Profit Sharing$667.0M$576.0M$522.0M
Other Product$213.0M$217.0M$205.0M

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue72¢$75.5B
  • Selling, general and admin21¢$21.5B
  • Other costs3¢$3.0B
  • Income tax1¢$1.1B
  • Profit4¢$3.7B

Out of $104.8B in revenue.7

Where each dollar of operating cash went, fiscal 2026

  • Capital spending57¢$3.7B
  • Dividends paid31¢$2.1B
  • Share buybacks6¢$408.0M
  • Kept or used elsewhere6¢$374.0M

Out of $6.6B of cash from operations.7

Financial statements

Revenue11121314157$104.8B in 2026+39% since 2019
0$50.0B$100.0B$150.0B2019: $75.4B$75.4B20192020: $78.1B$78.1B2020+4%2021: $93.6B$93.6B2021+20%2022: $106.0B$106.0B2022+13%2023: $109.1B$109.1B2023+3%2024: $107.4B$107.4B2024−2%2025: $106.6B$106.6B2025−1%2026: $104.8B$104.8B2026−2%
Operating income11121314157$5.1B in 2026+25% since 2019
0$2.5B$5.0B$7.5B$10.0B2019: $4.1B$4.1B20192020: $4.7B$4.7B2020+13%2021: $6.5B$6.5B2021+40%2022: $8.9B$8.9B2022+37%2023: $3.8B$3.8B2023−57%2024: $5.7B$5.7B2024+48%2025: $5.6B$5.6B2025−2%2026: $5.1B$5.1B2026−8%
Net income1314157$3.7B in 2026−15% since 2021
0$2.0B$4.0B$6.0B$8.0B2021: $4.4B$4.4B20212022: $6.9B$6.9B2022+59%2023: $2.8B$2.8B2023−60%2024: $4.1B$4.1B2024+49%2025: $4.1B$4.1B2025−1%2026: $3.7B$3.7B2026−9%

Every line of the income statement as filed: the last 3 fiscal years, latest first.7

Period ending2026-01-312025-01-312024-01-31
Net sales$104.8B$106.6B$107.4B
Cost of sales$75.5B$76.5B$77.8B
Selling, General and Administrative Expense$21.5B$22.0B$21.5B
Depreciation and amortization (exclusive of depreciation included in cost of sales)$2.6B$2.5B$2.4B
Operating income$5.1B$5.6B$5.7B
Net interest expense$445.0M$411.0M$502.0M
Net other income-$95.0M-$106.0M-$92.0M
Earnings before income taxes$4.8B$5.3B$5.3B
Provision for income taxes$1.1B$1.2B$1.2B
Net earnings$3.7B$4.1B$4.1B
Basic earnings per share (in usd per share)$8.16$8.89$8.96
Diluted earnings per share (in usd per share)$8.13$8.86$8.94
Basic (in shares)454.1M shares460.4M shares461.5M shares
Diluted (in shares)455.6M shares461.8M shares462.8M shares
Antidilutive shares (in shares)2,100,000.00 shares500,000.00 shares2,100,000.00 shares

Compare Target Corporation with another company

Corporate structure

Target Corporation sits at the top of its group. 8 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Target Corporation

  • FMR LLC Filed SCHEDULE 13G on Target Corporation, latest Aug 6, 2026
  • VANGUARD CAPITAL MANAGEMENT LLC Filed SCHEDULE 13G on Target Corporation, latest Apr 30, 2026
  • VANGUARD GROUP INC Filed SCHEDULE 13G/A on Target Corporation, latest Mar 27, 2026 (7 filings since Feb 10, 2022)
  • Capital World Investors Filed SC 13G/A on Target Corporation, latest Nov 13, 2024 (3 filings since Feb 13, 2023)
  • State Street Corporation Filed SC 13G/A on Target Corporation, latest Jan 30, 2024 (3 filings since Feb 14, 2022)
  • BlackRock Filed SC 13G/A on Target Corporation, latest Jan 26, 2024 (3 filings since Feb 1, 2022)
  • Target Corporation Minneapolis, Minnesota, United States
    • Dermstore Subsidiary · El Segundo
    • Mervyns Subsidiary · Hayward
    • Shipt Subsidiary · Birmingham
    • Target Canada Subsidiary · Mississauga
    • SuperTarget Subsidiary · United States
    • TARGET CORPORATION INDIA PRIVATE LIMITED Subsidiary · Bangalore, India
    • TARGET SOURCING SERVICES INDIA PRIVATE LIMITED Subsidiary · New Delhi, India

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Target Corporation reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Land$6.7B15 Feb 1, 2025$6.5B15 Feb 3, 2024+2.9%
Buildings and improvements$38.8B15 Feb 1, 2025$37.1B15 Feb 3, 2024+4.5%
Furniture and fixtures$8.9B15 Feb 1, 2025$8.8B15 Feb 3, 2024+1.7%
Computer equipment and software$3.7B15 Feb 1, 2025$3.4B15 Feb 3, 2024+8.2%
Construction in progress$1.2B15 Feb 1, 2025$1.7B15 Feb 3, 2024−30.4%
Accumulated depreciation$28.4B7 Jan 31, 2026$26.3B7 Feb 1, 2025+8.0%
Finance-lease assets$1.4B7 Jan 31, 2026$1.6B7 Feb 1, 2025−10.1%
Operating-lease assets (leased space)$3.7B7 Jan 31, 2026$3.8B7 Feb 1, 2025−1.6%

Investments

ItemLatestA year beforeChange
Marketable securities, current$4.6B7 Jan 31, 2026$3.9B7 Feb 1, 2025+18.4%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$631.0M7 Jan 31, 2026$631.0M7 Feb 1, 20250%

Inventory

ItemLatestA year beforeChange
Inventory, total$12.3B7 Jan 31, 2026$12.7B7 Feb 1, 2025−3.4%

Properties, in its own words

Stores as ofJanuary 31, 2026 · Stores · Retail Square Feet(in thousands) · Stores as ofJanuary 31, 2026 · Stores · Retail Square Feet(in thousands)

Alabama · 23 · 3,153 · Montana · 7 · 777

The rest of Item 2

Alaska · 3 · 504 · Nebraska · 15 · 2,163

Arizona · 48 · 6,377 · Nevada · 18 · 2,262

Arkansas · 9 · 1,165 · New Hampshire · 10 · 1,236

California · 321 · 38,067 · New Jersey · 53 · 6,542

Colorado · 45 · 6,361 · New Mexico · 10 · 1,185

Connecticut · 24 · 3,067 · New York · 108 · 11,285

Delaware · 5 · 699 · North Carolina · 54 · 6,945

District of Columbia · 4 · 317 · North Dakota · 4 · 594

Florida · 135 · 18,129 · Ohio · 65 · 7,865

Georgia · 51 · 6,827 · Oklahoma · 15 · 2,167

Hawaii · 10 · 1,446 · Oregon · 19 · 2,240

Idaho · 7 · 725 · Pennsylvania · 79 · 9,438

Illinois · 102 · 12,328 · Rhode Island · 4 · 517

Indiana · 32 · 4,186 · South Carolina · 22 · 2,686

Iowa · 22 · 3,008 · South Dakota · 5 · 580

Kansas · 17 · 2,385 · Tennessee · 31 · 3,963

Kentucky · 14 · 1,575 · Texas · 159 · 21,875

Louisiana · 16 · 2,195 · Utah · 17 · 2,216

Maine · 6 · 741 · Vermont · 1 · 60

Maryland · 40 · 5,055 · Virginia · 61 · 7,912

Massachusetts · 50 · 5,559 · Washington · 38 · 4,376

Michigan · 54 · 6,300 · West Virginia · 7 · 851

Minnesota · 72 · 10,310 · Wisconsin · 38 · 4,614

Mississippi · 6 · 743 · Wyoming · 3 · 257

Missouri · 36 · 4,690

Total · 1,995 · 250,518

Stores and Supply Chain Facilities as of January 31, 2026 · Stores · Supply Chain Facilities (a)

Owned · 1,546 · 41

Leased · 288 · 27

Owned buildings on leased land · 161 · 2

Total · 1,995 · 70

(a)Supply Chain Facilities includes distribution centers, sortation centers, and other facilities with a total of 72.9 million square feet.

We own and lease our corporate headquarters buildings and other office spaces in the Minneapolis, Minnesota, area and elsewhere in the U.S. We also lease office space in other countries. Our properties are in good condition, well maintained, and suitable to carry on our business.

For additional information on our properties, see the Capital Expenditures section in MD&A and Notes 12 and 19 to the Consolidated Financial Statements.

LEGAL PROCEEDINGS & MINE SAFETY DISCLOSURES · Table of Contents

Item 2 of the 10-K filed Mar 11, 2026.20

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

Founded by George Dayton on May 1, 1962.1

Target Corporation is an American retail chain that operates large discount stores.

In 1962, John Geisse and Douglas Dayton founded and launched Target stores for the Dayton Company. The first Target store opened in May 1962 in Roseville, Minnesota, a suburb of St. Paul, Minnesota. By the end of that year, there were four Target stores, located in Roseville, Crystal, Duluth, and St. Louis Park, Minnesota, respectively.

Dayton-Hudson Corporation announced in January 2000 a name change to Target Corporation.

Target is the seventh-largest retailer in the United States and is a component of the S&P 500 Index. As of 2024, Target is ranked No. 32 on the 2022 Fortune 500 list of the largest American corporations by total revenue. As of 2025, Target operates nearly 2,000 stores in the United States.

From Wikipedia’s article on Target Corporation, shared under CC BY-SA 4.0.9

Leadership

Who has led Target Corporation, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (88)

Products and brands

Store formats

Target

Target properties are roughly 135,000 square feet (12,500 m2) and sell general merchandise, including hardlines and softlines. While many Target stores follow a standard big-box architectural style, the company has focused on "customizing each new store to ensure a locally relevant experience [...] that best fit the surrounding neighborhood's needs" since 2006. Initially, only SuperTarget locations operated Starbucks Coffee counters, although they were integrated into general-merchandise stores through their expanded partnership beginning in 2003. Many stores also feature Pizza Hut Express counters (usually in the self-service snack bar), along with Starbucks.

Target introduced the "PFresh" store prototype in 2008, which expanded its grocery selection in general-merchandise locations by upwards of 200%. Newly constructed stores that follow the PFresh format are roughly 1,500 sq ft (140 m2) larger than properties without groceries, although retain the Target branding because its offerings are considerably more limited than SuperTarget. PFresh sells perishable and frozen foods, baked goods, meat, and dairy. The company remodeled 109 stores accordingly in 2009, and renovated another 350 stores the following year. The company's decision to close its garden centers opened floor space for PFresh expansion and larger seasonal departments beginning in 2010.

CVS Health

On June 15, 2015, CVS Health announced an agreement with Target to acquire all of Target's pharmacies and clinic businesses for around $1.9 billion. The Target pharmacies were rebranded as CVS Health pharmacies, which totaled 1,672 pharmacies in February 2016. The Target clinics were also rebranded as MinuteClinic. The acquisition of the Target pharmacies enabled CVS to expand its market into Seattle, Denver, Portland, and Salt Lake City.

SuperTarget

The first Target Greatland location opened in Apple Valley, Minnesota, in September 1990. They were about 50% larger than traditional Target stores, and pioneered company standards, including an increased number of checkout lanes and price scanners, larger aisles, expanded pharmacy and photography departments, and a food court. Target Greatland locations have since been converted to stores following the PFresh format beginning in 2009.

Read the full text

The first SuperTarget hypermarket opened in Omaha, Nebraska, in 1995, and expanded upon the Target Greatland concept with the inclusion of a full grocery department. The company expanded its grocery assortment in 2003 and adopted the modified tagline "Eat Well. Pay Less." (in reference to its tagline "Expect More. Pay Less.") in 2004. In the early 2000s, 43 locations (of nearly 100) featured E-Trade trading stations, although they were all closed by June 2003 after E-Trade determined, "we were not able to make it into a profitable distribution channel."

When comparing SuperTargets with rival Walmart Supercenter hypermarkets, then-chief executive Gregg Steinhafel opined that Walmart operates like "a grocer that happens to also sell general merchandise," whereas the less aggressive expansion of SuperTarget stores reflects his view of Target's grocery effort as a "high-impact, low-cost" side project. The company operated 239 SuperTarget locations as of September 2015; they each encompass an estimate of 174,000 square feet (16,200 m2).

In an article written in August 2015, Target was quoted as saying, "Big or small, our stores have one thing in common: they're all Target."

Small-format Target

While typical Target locations are about 135,000 sq ft (12,500 m2), most "small-format" CityTarget stores are roughly 80,000 sq ft (7,400 m2). The first stores were opened in July 2012, in Chicago, Los Angeles, and Seattle; the 160,000 square feet (15,000 m2) location in Boston is the largest CityTarget and opened in July 2015. TargetExpress stores range from 14,000 to 21,000 sq ft (1,300 to 2,000 m2); the first opened in Dinkytown near the University of Minnesota in July 2014. Products in these flexible-format properties are typically sold in smaller packages geared towards customers using public transportation. Locations built in college communities often carry an extended home department of apartment and dormitory furnishings. In August 2015, Target announced that it would rename its nine CityTarget and five TargetExpress stores as Target beginning that October, deciding, "Big or small, our stores have one thing in common: they're all Target." The first small-format stores under the unified naming scheme opened later that month in Chicago, Rosslyn, San Diego, and San Francisco. The company opened a 45,000 square feet (4,200 m2) store in the Tribeca neighborhood of New York in October 2016. In that same month, three other similar-sized stores opened in Philadelphia; Cupertino, California; and the area around Pennsylvania State University. Target opened a 22,000 sq ft (2,000 m2) store in Austin's Dobie Twenty21, adjacent to the UT-Austin campus.

Nearly all of its planned openings through 2019 were small formats, which are less than 50,000 sq ft (4,600 m2). The goal of these smaller-format stores is to win over the business of millennial customers. The nearly 30 newer locations were to be situated in college towns or densely populated areas.

Brands and subsidiaries

As of 2018, Target has four subsidiaries: Target Brands, Inc., Target Capital Corporation, Target Enterprise, Inc., and Target General Merchandise, Inc.

Financial and Retail Services division

Financial and Retail Services (FRS), formerly Target Financial Services, originally issued Target's credit cards, known as the Target Circle Card (formerly the Target Guest Card, then Target RedCard), issued through Target National Bank (formerly Retailers National Bank) for consumers and through Target Bank for businesses. FRS also oversees GiftCard balances. Target launched its PIN-x debit card, the Target Check Card, which was later rebranded as the Target Debit Card. The Target Debit Card withdraws funds from the customer's existing checking account, and allows for up to $40 "cash back". The debit card allows guests to save 5% off each purchase. In late 2017, Target replaced its REDcard slogan, "Save 5% Today, Tomorrow, & Everyday with Target REDcard", when it rolled out new benefits for REDcard holders by offering exclusive products on Target.com and preorders with "Everyday Savings. Exclusive Extras."

In October 2012, Target enter into an agreement with TD Bank in which TD Bank would handle Target's Visa and private label REDcard accounts for Target for a seven year period. The agreement was finalized in March 2013. The credit card management agreement was extended in 2022 until 2030 in which TD Bank is the sole issuer of Target's credit cards.

Target RedCard was rebranded Circle Card in April 2024.

Target Sourcing Services

This global sourcing organization locates merchandise from around the world for Target and helps import the merchandise to the United States, including garments, furniture, bedding, and towels. Target Sourcing Services has 27 full-service offices, 48 quality-control offices, and seven concessionaires located throughout the world, and employs 1,200 people. Its engineers are responsible for evaluating the factories that do business with Target Corporation for quality, labor rights, and trans-shipment issues. Founded in 1916 as the client-owned Associated Merchandising Corporation, the company was acquired by Target Corporation in 1998. TSS ceased operations in its department-store group, the division of the former Associated Merchandising Corporation that acted as a buying office for Saks, Inc., Bloomingdale's, Stage Stores Inc., TJ Maxx, and Marshalls.

Private-label brands

Target Brands is the company's brand-management division that oversees the company's private-label products.

Bullseye (a white Bull Terrier), is Target's mascot.

Good & Gather, a food and beverage brand, replaced Archer Farms and Simply Balanced.

Market Pantry, value grocery products

Dealworthy, a low-priced essentials brand

Boots & Barkley, a pet food and supply line

Embark, an outdoor gear line of camping and travel equipment

Room Essentials, inexpensive, primarily flat-pack, furniture

Brightroom, a line of storage solutions

Threshold, a premium furniture line

Wondershop, a Christmas decoration brand

Hyde and Eek, a Halloween decoration brand

up & up, offers essential commodities, including household, healthcare, beauty, baby, and personal-care products.

Xhilaration, a line of intimate and sleepwear, along with swimwear.

Other private labels include brands launched in July 2016, during back-to-school sales.

Pillowfort, a children's line of bedding and room decor

Cat and Jack, a children's line of apparel and accessories

Cloud Island, a baby's line of bedding and clothing

Project 62, a household-goods line placed alongside Room Essentials

Goodfellow & Co., a clothing and personal-care line for men, with the name being an homage to its beginnings as Goodfellow Dry Goods

A New Day, a clothing line for women

JoyLab, a fitness-clothing line for women

Hearth and Hand, a home and lifestyle brand, in collaboration with designer Joanna Gaines

Eight Target private-label brands that launched in 2018:

Universal Thread, a denim lifestyle brand

Opalhouse, eclectic home decor

Heyday, a line of electronic accessories

Original Use, male clothing brand targeting gen-Z and millennials

Wild Fable, women's clothing brand targeting gen-Z

Made By Design, a homelines brand, made up of home basics such as towels, cooking utensils, glassware, plates, pots, kitchen gadgets, and more

Smartly, essential a commodity brand, including household, healthcare, beauty, and personal-care products

In addition, Target released three new intimates, loungewear, and sleepwear brands for women on February 25, 2019:

Auden, an intimates and lingerie exclusive brand

Stars Above, an in-house brand for sleepwear

Colsie, an intimates and loungewear brand

On January 9, 2020, Target announced its new activewear brand, All in Motion, an athleisure line with products for men, women, boys, and girls. The brand's logo plays homage to a previous Dayton's logo.

On March 9, 2021, Target announced a new brand called Favorite Day, a brand that sells bakery, snacks, candy, premium ice cream, cake-decorating supplies, and beverage mixers and mocktails items. It launched on April 5, 2021.

Former brands include:

Cherokee, children's and women's clothing: On September 10, 2015, Target stores announced it would cease carrying the brand when its partnership with Cherokee Inc. expired on January 31, 2017. It was replaced by Cat & Jack.

Circo, toddler's and kids clothing: The brand was replaced by Cat & Jack, along with Pillowfort

Merona, a clothing brand purchased by Target in 1991

Mossimo Supply Co., a clothing line, in partnership with the brand owner Iconix Brand Group

Gilligan & O'Malley product lines of intimates and sleepwear were discontinued after the release of the brands Auden, Stars Above, and Colsie.

Website and app-based purchasing

Target.com owns and oversees the company's e-commerce initiatives, such as the Target.com domain. Founded in early 2000 as target.direct, it was formed by separating the company's existing e-commerce operations from its retailing division and combining it with its Rivertown Trading direct-marketing unit into a stand-alone subsidiary. In 2002, target.direct and Amazon.com's subsidiary Amazon Enterprise Solutions created a partnership in which Amazon.com would provide order fulfillment and guest services for Target.com in exchange for fixed and variable fees. After the company sold Marshall Field's and Mervyn's in 2004, target.direct became Target.com. The domain target.com attracted at least 288 million visitors annually by 2008, according to a Compete.com survey. In August 2009, Target announced that it would build and manage a new Target.com platform, independent of Amazon.com. This new platform was to launch in 2011, in advance of the holiday season. Prior to the announcement, Target and Amazon had extended their partnership until 2011. In January 2010, Target announced its vendor partners for the re-platforming project. These partners include Sapient, IBM, Oracle, Endeca, Autonomy, Sterling Commerce, and Huge, among others. The re-platformed Target.com officially launched on August 23, 2011, effectively ending the partnership with Amazon.com. Over the last few years, Target has been working to grow its fulfillment strategy via the orders placed through its website. In November 2025, Target began offering an app for purchasing items through the ChatGPT chatbot, a service also offered by several other retailers including Walmart, Etsy and Shopify.

Former subsidiaries

Target Portrait Studio was a chain of portrait studios that were located in select Target stores. The chain, which was operated by Lifetouch, opened in 1996 and ceased operations on January 28, 2017.

Target Garden Center was a chain of garden centers that were located in Target, Super Target, and Target Greatland stores. Around 260 Target stores in California, Nevada, Arizona, and Florida had garden centers. All of Target's garden centers closed in September 2010. Target spokesperson Jana O'Leary claimed that the reason why its garden centers closed was because "the garden centers don't provide significant value to our guests. Also, it's no longer a profitable business for us."

Target Canada was the chain of Target stores in Canada. It was formed in 2013 when Target acquired Zellers leases and converted them into Target stores. Target Canada was in operation for two years until the closure of all stores in 2015. The retail chain racked up losses of $2.1 billion in its brief lifespan, and the Canadian news media termed Target's foray into Canada as a "spectacular failure", "an unmitigated disaster", and "a gold standard case study in what retailers should not do when they enter a new market".

International operations

As of 2025, Target operates only in the United States, although from 2013 to 2015, Target also operated stores in Canada. Other companies that are under the name of "Target" outside of the United States, most notably that of Target Australia, are not owned or operated by the Target Corporation, with the Myer family under Baillieu Myer having licensed the name and logo in 1968.

Target forensic services

In 2006, The Washington Post revealed that Target was operating two criminal forensics laboratories, one at its headquarters and the other in Las Vegas. Originally, the lab was created with the role of investigating internal instances of theft, fraud, and other criminal actions that have occurred on its own properties. Eventually, the company began offering pro bono services to law enforcement agencies across the country. Target's Forensic Services has assisted agencies at all levels of government, including such federal agencies as the Bureau of Alcohol, Tobacco, Firearms and Explosives, the Federal Bureau of Investigation, and the United States Secret Service.

From Wikipedia’s article on Target Corporation, shared under CC BY-SA 4.0.9

Subsidiaries and ownership

Subsidiaries

Also owns

From Wikidata.1

Acquisitions

  1. 2017Acquired Shipt1
  2. 2013Dermstore became a subsidiary1

Employees over time

  • 2025400,0001

Former names

  • DAYTON HUDSON CORPDec 9, 1994 to Apr 12, 19998

Timeline

  1. Aug 19, 20268-K Results of operations106
  2. Aug 14, 20268-K Entered a material agreement; Ended a material agreement; New debt or obligation107
  3. Jul 22, 20268-K Executive or director change108
  4. Jun 12, 20268-K Executive or director change; Shareholder vote109
  5. May 20, 20268-K Results of operations110
  6. Mar 3, 20268-K Results of operations111
  7. Feb 11, 20268-K Results of operations112
  8. Feb 10, 20268-K Executive or director change113
  9. Feb 5, 20268-K Executive or director change114
  10. Jan 22, 20268-K Executive or director change115
  11. Nov 19, 20258-K Results of operations116
  12. Oct 9, 20258-K Entered a material agreement; Ended a material agreement; New debt or obligation117
  13. Aug 2014New chief executive Brian Cornell becomes CEO1
  14. May 1, 2008New chief executive Gregg Steinhafel becomes CEO1
  15. 1994New chief executive Bob Ulrich becomes CEO1
  16. May 1, 1962Founded Founded1

Calendar

Coming up

  1. Nov 18, 2026Reports results for the quarter ending Oct/2026 A year earlier it reported $1.78 a share, on Nov 19, 2025.118

When it reported results

  1. Aug 19, 2026Reported quarterly or annual results106
  2. May 20, 2026Reported quarterly or annual results110
  3. Mar 3, 2026Reported quarterly or annual results111
  4. Feb 11, 2026Reported quarterly or annual results112
  5. Nov 19, 2025Reported quarterly or annual results116
  6. Aug 20, 2025Reported quarterly or annual results119
  7. May 21, 2025Reported quarterly or annual results120
  8. Mar 4, 2025Reported quarterly or annual results121

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

449 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 57 major events, 269 insider forms, 18 large holders, 85 other. The latest 20:

  1. Oct 2, 20264 EDGAR
  2. Oct 2, 20264 EDGAR
  3. Sep 18, 20263 EDGAR
  4. Aug 28, 2026S-8 EDGAR
  5. Aug 28, 2026S-3ASR EDGAR
  6. Aug 28, 202610-Q EDGAR
  7. Aug 27, 20264 EDGAR
  8. Aug 26, 20264 EDGAR
  9. Aug 25, 2026144 EDGAR
  10. Aug 24, 2026144 EDGAR
  11. Aug 24, 20264 EDGAR
  12. Aug 21, 2026144 EDGAR
  13. Aug 19, 20268-K EDGAR
  14. Aug 14, 20268-K EDGAR
  15. Aug 6, 2026SCHEDULE 13G EDGAR
  16. Aug 4, 20264 EDGAR
  17. Aug 4, 20263 EDGAR
  18. Jul 22, 20268-K EDGAR
  19. Jul 1, 20264 EDGAR
  20. Jun 30, 20264 EDGAR

The 449 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

52 open-market trades by officers, directors and large owners since October 2021: 0 buys and 52 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 25, 2026Cornell Brian CExecutive OfficerSale50,000$163.56$8.2MForm 4
Aug 24, 2026Kremer Melissa KExecutive OfficerSale15,500$169.96$2.6MForm 4
Aug 21, 2026LIEGEL MATTHEW AChief Accounting OfficerSale926$163.51$151.4KForm 4
Jun 29, 2026ROATH LISA RExecutive OfficerSale7,000$138.07$966.5KForm 4
May 29, 2026SYLVESTER CARA AExecutive OfficerSale10,000$125.89$1.3MForm 4
May 27, 2026Cornell Brian CExecutive OfficerSale50,000$129.85$6.5MForm 4
Mar 17, 2026LIEGEL MATTHEW AChief Accounting OfficerSale2,053$117.19$240.6KForm 4
Mar 10, 2026Cornell Brian CExecutive OfficerSale50,000$121.76$6.1MForm 4
Jun 10, 2025LIEGEL MATTHEW AChief Accounting OfficerSale2,044$100.90$206.2KForm 4
May 28, 2025Cornell Brian CExecutive OfficerSale45,000$96.18$4.3MForm 4
Mar 11, 2025Cornell Brian CExecutive OfficerSale45,000$113.37$5.1MForm 4
Mar 7, 2025LIEGEL MATTHEW AChief Accounting OfficerSale287$113.52$32.6KForm 4
Sep 27, 2024Gomez Richard H.Executive OfficerSale6,348$157.17$997.7KForm 4
Aug 30, 2024LIEGEL MATTHEW AChief Accounting OfficerSale1,000$153.13$153.1KForm 4
Aug 27, 2024Cornell Brian CExecutive OfficerSale45,000$158.67$7.1MForm 4
Aug 22, 2024LIU DON HExecutive OfficerSale6,250$160.00$1.0MForm 4
Jun 4, 2024Cornell Brian CExecutive OfficerSale45,000$151.36$6.8MForm 4
Mar 21, 2024HENNINGTON CHRISTINAExecutive OfficerSale4,600$170.88$786.0KForm 4
Mar 14, 2024Kremer Melissa KExecutive OfficerSale3,000$165.05$495.1KForm 4
Mar 11, 2024Cornell Brian CExecutive OfficerSale45,000$167.52$7.5MForm 4

All 52 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Brian C. CornellChair & former Chief Executive Officer67$1.4M$21.8M128
2025Michael J. FiddelkeFormer EVP & Chief Operating Officer and current Chief Executive Officer50$1.1M$9.6M128
2025Jim LeeEVP & Chief Financial Officer$850.0K$6.4M128
2025Richard H. GomezFormer EVP & Chief Commercial Officer$837.0K$6.2M128
2025Amy TuFormer EVP & Chief Legal & Compliance Officer$285.6K$5.8M128
2025Melissa K. KremerEVP & Chief HR Officer48$787.0K$5.4M128
2024Brian C. CornellChair & former Chief Executive Officer67$1.4M$20.4M128
2024Jim LeeEVP & Chief Financial Officer$310.6K$11.3M128
2024Amy TuFormer EVP & Chief Legal & Compliance Officer$364.9K$10.5M128
2024Michael J. FiddelkeFormer EVP & Chief Operating Officer and current Chief Executive Officer50$900.0K$6.7M128
2024Richard H. GomezFormer EVP & Chief Commercial Officer$764.4K$4.2M128
2023Brian C. CornellChair & former Chief Executive Officer67$1.4M$19.2M128
2023Michael J. FiddelkeFormer EVP & Chief Operating Officer and current Chief Executive Officer50$771.2K$4.9M128

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.38,699,974$5.1B0.1%+787,836
State Street Corp36,049,727$4.7B0.1%−1,439,429
Vanguard Capital Management LLC29,644,004$3.9B0.1%+236,076
Fmr LLC24,630,329$3.2B0.1%+4,729,055
Vanguard Portfolio Management LLC22,057,164$2.9B0.1%+192,412
Charles Schwab Investment Management Inc15,448,336$2.0B0.3%+1,440,136
Geode Capital Management, LLC10,839,432$1.4B0.1%+247,218
Morgan Stanley6,862,571$896.3M0.0%−183,168
Bank of New York Mellon Corp6,366,019$831.5M0.1%+3,365,821
Goldman Sachs Group Inc6,254,175$816.9M0.1%+1,060,709
Norges Bank6,124,565$799.9M0.1%New
Dimensional Fund Advisors LP5,858,942$765.4M0.1%+445,102
Northern Trust Corp4,847,626$633.1M0.1%−25,548
Royal Bank Of Canada4,661,676$608.9M0.1%+639,457
Bank Of America Corp /de/4,575,880$597.7M0.0%+82,268
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC4,514,522$589.6M0.1%+514,155
Invesco Ltd.4,336,265$566.4M0.0%+38,530
Capital World Investors3,864,700$504.8M0.1%+15,722
Nuveen, LLC3,694,058$482.5M0.1%−82,811
Aqr Capital Management LLC3,272,679$427.0M0.1%+308,965
American Century Companies Inc3,180,300$415.4M0.2%+734,087
UBS Group AG3,178,303$415.1M0.1%−78,733
Franklin Resources Inc3,085,187$403.0M0.1%−9,730
D. E. Shaw & Co., Inc.3,074,795$401.6M0.3%−4,826,600
Legal & General Group Plc3,001,404$392.0M0.1%−291,766

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

42 trades disclosed by members of Congress, the latest 25. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Sep 23, 2025Val T. HoyleDemocratic, HouseSale$1,001 - $15,000−63.6%Report
Aug 18, 2025Dan NewhouseRepublican, HouseBuy$1,001 - $15,000+29.3%Report
Apr 11, 2025Shelley Moore CapitoRepublican, SenateSale$1,001 - $15,000−24.3%Report
Apr 8, 2025Robert P. Bresnahan, Jr.Republican, HouseSale$1,001 - $15,000−21.0%Report
Apr 7, 2025Jefferson ShreveRepublican, HouseSale$15,001 - $50,000−12.9%Report
Apr 1, 2025Julie JohnsonDemocratic, HouseSale$1,001 - $15,000−12.4%Report
Mar 21, 2025Kelly MorrisonDemocratic, HouseSale$15,001 - $50,000−13.7%Report
Mar 21, 2025Kelly MorrisonDemocratic, HouseSale$100,001 - $250,000−13.7%Report
Mar 10, 2025Carol D. MillerRepublican, HouseSale$15,001 - $50,000+0.1%Report
Mar 10, 2025Carol D. MillerRepublican, HouseSale$1,001 - $15,000+0.1%Report
Mar 5, 2025Jefferson ShreveRepublican, HouseBuy$15,001 - $50,000+2.0%Report
Mar 3, 2025Kelly MorrisonDemocratic, HouseBuy$1,001 - $15,000−2.5%Report
Feb 4, 2025Val T. HoyleDemocratic, HouseBuy$1,001 - $15,000−12.7%Report
May 22, 2024Thomas R Carper, SenateBuy$1,001 - $15,000−36.3%Report
Feb 16, 2024Thomas R Carper, SenateBuy$1,001 - $15,000−49.8%Report
Dec 7, 2023Sheldon WhitehouseDemocratic, SenateSale$15,001 - $50,000+52.6%Report
Sep 27, 2023Jared MoskowitzDemocratic, HouseSale$1,001 - $15,000+38.4%Report
Sep 27, 2023Jared MoskowitzDemocratic, HouseSale$1,001 - $15,000+38.4%Report
Sep 26, 2023Josh GottheimerDemocratic, HouseSale$1,001 - $15,000+38.2%Report
Sep 8, 2023Lois FrankelDemocratic, HouseSale$1,001 - $15,000+46.6%Report
Aug 24, 2023Josh GottheimerDemocratic, HousePartial sale$1,001 - $15,000+50.4%Report
Aug 21, 2023Josh GottheimerDemocratic, HousePartial sale$1,001 - $15,000+53.1%Report
Jul 26, 2023Lois FrankelDemocratic, HouseBuy$1,001 - $15,000−53.0%Report
Jul 14, 2023Jared MoskowitzDemocratic, HouseBuy$1,001 - $15,000−52.1%Report
Jun 14, 2023Lois FrankelDemocratic, HouseBuy$1,001 - $15,000−59.0%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Target Corporation is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARTARGET CORP2
  • CIK0000027419
  • Employer ID (EIN)41-021517020
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company20
  • Incorporated inMinnesota20
  • Fiscal year endsFebruary 12
  • Industry code (SIC)5331 Retail-Variety Stores2
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance2
  • Business address1000 Nicollet Mall, Minneapolis, MN 554032
  • Phone61230460732
  • Shares outstanding454,296,736 as of Aug 21, 202617
  • Public float$45.3B as of Aug 1, 202520
  • AuditorErnst & Young LLP, Minneapolis, Minnesota PCAOB ID 42; it also attests to the company’s internal control over financial reporting20
  • On EDGAR sinceFeb 10, 19942
  • Filings2,630 in all: 4 (1,459), 8-K (348), 10-Q (98), 3 (64), DEFA14A (61), SC 13G/A (58), 424B2 (53), SC 13G (43)2
    All 50 form types

    4/A (42), DFAN14A (39), 144 (35), UPLOAD (33), DEF 14A (32), 10-K (31), CORRESP (23), FWP (23), 424B5 (19), S-8 (18), NO ACT (15), ARS (14), SD (13), 11-K (11), 8-K/A (10), SC 13D/A (10), S-3ASR (8), 3/A (7), S-8 POS (7), CT ORDER (6), PX14A6G (6), S-3 (6), 305B2 (5), SCHEDULE 13G/A (4), PRER14A (3), S-3/A (3), 10-K405 (2), 5 (2), 8-A12B (2), DEFC14A (2), PRE 14A (2), PRRN14A (2), SCHEDULE 13G (2), 10-K/A (1), 10-Q/A (1), 25 (1), 424B3 (1), 8-A12B/A (1), POS AM (1), PREC14A (1), PREN14A (1), SC 13D (1)

  • Latest filingsAnnual report (10-K) Mar 11, 2026
    Quarterly report (10-Q) Aug 28, 2026
    Proxy statement (DEF 14A) Apr 27, 2026
    Latest 8-K (8-K) Aug 19, 2026

Securities registered for trading

ClassSymbolExchange
Common stock, par value $0.0833 per shareTGTNew York Stock Exchange

From the cover page of the 10-K filed Mar 11, 2026 (Section 12(b) of the Exchange Act).20

Risk factors and legal proceedings

The risks Target Corporation names in Item 1A of its 10-K filed Mar 11, 2026: 23 risks under these headings, as written.20

  • Competitive and Reputational Risks
  • If we are unable to positively differentiate ourselves from our competitors, our results of operations and financial condition could be adversely affected.
  • If we do not anticipate consumer demand accurately and respond quickly to changing consumer preferences, our results of operations and financial condition could be adversely affected.
  • Our continued success is dependent on positive perceptions of Target which, if eroded, could adversely affect our business and our relationships, including with our guests, team members, and vendors.
  • Our business transformation initiatives may not achieve their intended objectives, which could adversely affect our competitive position, results of operations, and financial condition.
  • If we are unable to successfully develop, source, and market our owned and exclusive brand products, our results of operations could be adversely affected.
  • If we are unable to protect against inventory shrink, our results of operations and financial condition could be adversely affected.
  • We depend on seasonal moments and higher-margin merchandise to drive sales and net earnings growth.
  • Our Roundel retail media network may not maintain or grow advertising revenue, which could adversely affect our results of operations.
  • Investment and Infrastructure Risks
  • If our capital investments do not achieve appropriate returns or our efficiency efforts are not successful, our competitive position, results of operations, and financial condition could be adversely affected.
  • A significant disruption to our technology systems and our failure to adequately maintain and update those systems could adversely affect our operations and negatively affect our guests.
The other 13 risks
  • Information Security, Cybersecurity, and Data Privacy Risks
  • If our efforts to maintain information security, cybersecurity, and data privacy are unsuccessful or if we are unable to meet increasingly demanding regulatory requirements, our reputation, results of operations, and financial condition could be adversely affected.
  • Supply Chain and Third-Party Risks
  • Changes in our relationships with our vendors or other companies, changes in tax or trade policy, interruptions in our operations or supply chain, and increased commodity or supply chain costs could adversely affect our reputation and results of operations.
  • If services we obtain from third parties are unavailable, fail to meet our standards, or increase in cost, our reputation, results of operations, and financial condition could be adversely affected.
  • Legal, Regulatory, Global, and Other External Risks
  • Our earnings depend on the state of macroeconomic conditions and consumer confidence and spending in the U.S.
  • Uncharacteristic or significant weather conditions or natural disasters, the impacts of a changing climate, and other catastrophic events could adversely affect our results of operations and financial condition.
  • We rely on a large, global, and changing workforce of team members, contractors, and temporary staffing. If we do not effectively manage our workforce, our labor costs and results of operations could be adversely affected.
  • Shareholder activism could adversely affect our business, strategic execution, and stock price.
  • Failure to address product safety and sourcing concerns could adversely affect our results of operations.
  • Our failure to comply with applicable laws, or changes in these laws, could adversely affect our reputation, results of operations, and financial condition.
  • Litigation and other legal proceedings may adversely affect our reputation, results of operations, and financial condition.
  • Financial Risks
  • Increases in our effective income tax rate could adversely affect our results of operations.
  • If we are unable to access the capital markets or obtain bank credit, our financial condition and results of operations could suffer.
  • If we fail to achieve our projected results or otherwise fail to meet market expectations regarding our financial performance, the price of our stock could be volatile or adversely affected.

Legal proceedings

On January 31, 2025, and February 20, 2025, Target Corporation and members of its Board of Directors were named as defendants in two purported federal securities law class actions filed in the United States District Court for the Middle District of Florida. The complaints allege violations of Sections 10(b), 14(a), and 20(a) of the Securities Exchange Act of 1934, as amended, and Rules 10b-5 and 14a-9 relating to certain prior disclosures of Target about risks related to its environmental, social, and governance initiatives (including with respect to diversity, equity, and inclusion) and oversight of those risks. One plaintiff is seeking to represent a class of shareholders who purchased or otherwise acquired Target common stock between August 26, 2022, and November 19, 2024, and the other plaintiff is seeking to represent a class of shareholders who purchased or otherwise acquired Target common stock between March 9, 2022, and August 16, 2023. Both plaintiffs have marked the class actions as related to a previously filed individual federal securities action in which the court denied a motion to dismiss. The plaintiffs seek damages and other relief, including attorneys’ fees, based on allegations that the defendants misled investors, including about the risks associated with Target’s environmental, social, and governance initiatives (including with respect to diversity, equity, and inclusion) and its 2023 Pride Month merchandise collection, and oversight of those risks. The plaintiffs allege that such conduct affected the value of Target common stock. These proceedings were consolidated on July 24, 2025. On November 14, 2025, the United States District Court for the Middle District of Florida transferred these proceedings to the United States District Court for the District of Minnesota. Target intends to vigorously defend these lawsuits.

The opening of Item 3, Legal Proceedings.20

Sources

The numbers on this page point here. Each one links to the record it came from.

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    Wikidata and SEC EDGARGail Boudreaux, Board member
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    Wikidata and SEC EDGARDmitri Stockton, Board member
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    Wikidata and SEC EDGARGeorge Barrett, Board member
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    Wikidata and SEC EDGARMonica C. Lozano, Board member
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    Wikidata and SEC EDGARBob Edwards, Board member
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    Wikidata and SEC EDGARDonald Knauss, Board member
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    Wikidata and SEC EDGARMelanie Healey, Board member
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    Wikidata and SEC EDGARBrian Cornell, Board member
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