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Target TGT Other merchandise sales — Net Sales

Other product segments

Food & beverage
$6.26B+6.1%
Household essentials
$4.57B+4.9%
Apparel & accessories
$3.85B+3.6%
Hardlines (Fun 101)
$3.52B+14.6%
Beauty
$3.4B+9.6%
Home furnishings & décor
$3.24B+0.6%
Advertising revenue
$246M+50.9%
Other
$173M+26.3%
Credit card profit sharing
$130M-7.8%

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$589M-3.1%
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$7.41M+39.5%
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BRBROther — Net Sales
$15.8M+26.4%

Other financials

Income statement

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Revenue$25.4B+6.7%
Gross profit$7.4B+9.9%
Operating income$1.1B-22.9%
Net income$781.0M-24.6%
EPS (diluted)$1.71-24.7%

Balance sheet

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Cash & equivalents$3.5B+22.4%
Total debt$18.8B-1.1%
Total equity$16.4B+9.7%
Total assets$58.0B+3.2%

Cash flow

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Operating cash flow$716.0M+160%
CapEx$1.0B+31.0%
Free cash flow-$319.0M+38.1%

Valuation

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Market cap$63.39B+46.0%
Enterprise value$78.69B+32.1%
P/E18.4×+8.0×
P/S0.6×+0.2×

Profitability

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Gross margin28.1%+0.1pp
Operating margin4.5%-0.9pp
Net margin3.2%-0.7pp
FCF margin2.8%-0.5pp

Returns & leverage

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Return on equity22%-7.1pp
Debt / equity1.1×-0.1×
Current ratio0.9×0.0×

Where this comes from

Reported directly by Target in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Target’s 10-Q, filed May 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Target's other merchandise sales — net sales?
Target (TGT) reported other merchandise sales — net sales of $56M in Q1 2026.
How has Target's other merchandise sales — net sales changed year-over-year?
Target's other merchandise sales — net sales increased by 40.0% year-over-year, from $40M to $56M.
What is the long-term trend for Target's other merchandise sales — net sales?
Over 4 years (2021 to 2025), Target's other merchandise sales — net sales has grown at a -3.6% compound annual growth rate (CAGR), from $237M to $205M.
What does other merchandise sales — net sales mean?
This metric represents the net revenue generated from product categories that fall outside of Target's primary core segments, such as apparel, home goods, or household essentials. It captures the performance of miscellaneous or niche merchandise offerings that contribute to the company's total retail footprint. Monitoring this segment helps investors understand the diversification of the product mix and the revenue impact of secondary retail categories.