Target says its turnaround is picking up steam, with help from a big tariff refund

Target reported fiscal second-quarter results that exceeded analyst expectations, with the retailer attributing its performance to both operational improvements and a substantial one-time tariff refund. The company’s net sales increased 5.3% year-over-year, while comparable sales growth reached 3.8%, outpacing Wall Street estimates of 2.4%.
A significant portion of the quarter’s bottom-line performance came from tariff-related payments. Target received a $752 million boost to net ea