Target publishes 2025 annual report

• Target published annual report for fiscal year ended Jan. 31, 2026, outlining push to return business to growth through a refreshed strategy.
• Plan centers on four priorities: stronger merchandising authority, improved guest experience, faster technology investment, deeper team and community focus.
• Management flagged 2026 as inflection year, with guests expected to see more change in assortment and selling approach than in a decade.
• Company planned more than $2 billion in incremental investments to support growth, including higher capital spending and added operating investment.
• Report noted mutual agreement to end Ulta Beauty shop-in-shop commercial agreement when it expires in August 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Target Corporation published the original content used to generate this news brief on April 27, 2026, and is solely responsible for the information contained therein.