Welcome to our dedicated page for Target SEC filings (Ticker: TGT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Target Corporation filings document formal disclosures for a large U.S. retailer, including earnings releases furnished on Form 8-K, proxy materials, leadership and board changes, and material financing arrangements. Recent event reports cover operating results, financial guidance, executive appointments, compensation arrangements, board committee assignments, and a short-term credit facility.
The company's proxy materials describe director elections, board committee structure, executive compensation, equity awards, pay-versus-performance disclosures, governance practices, and shareholder voting matters. These filings connect Target's retail operations and capital structure with recurring disclosure topics such as liquidity, leverage covenants, executive compensation, and shareholder governance.
Target Corporation reported mixed second-quarter results. GAAP diluted earnings per share and Adjusted EPS were $2.05. Net sales were $25.2 billion, down 0.9% year-over-year, with comparable sales down 1.9% driven by a 1.3% decline in traffic and a 0.6% decline in average transaction amount. Comparable stores-originated sales declined 3.2% while comparable digitally-originated sales increased 4.3%.
Operating income was $1.3 billion, 19.4% lower than the prior-year period. The company recognized a $593 million net gain within SG&A from interchange fee settlements. Trailing twelve-month after-tax ROIC was 14.3% versus 16.6% a year earlier. Cash and cash equivalents totaled $4.3 billion, inventory was $12.9 billion, and share repurchases totaled $251 million year-to-date.
Target Corporation filed a Form 8-K to report that it has released its latest quarterly financial results. On August 20, 2025, the company issued a news release covering its financial performance for the three months ended August 2, 2025, and furnished that release as Exhibit 99 to this report. The filing also includes an Inline XBRL cover page data file as Exhibit 104.
Target Corporation has announced a planned leadership transition. The Board has appointed Michael J. Fiddelke, currently Executive Vice President and Chief Operating Officer, to become the company’s next Chief Executive Officer and a member of the Board, effective February 1, 2026.
On that date, current CEO Brian C. Cornell will step down from the CEO role and continue as Chair of the Board in an Executive Chair capacity, helping provide continuity. Fiddelke has been with Target since 2004 and has held senior roles including Executive Vice President and Chief Financial Officer and, more recently, Chief Operating Officer. The company plans to disclose the material terms of compensation arrangements related to these transitions after they are approved.