Target Corp (NYSE: TGT) reported second-quarter 2021 financial results before the regular market hours on Wednesday. The department store chain reported Q2 revenue of $25.2 billion, up 10% year-over-year and higher than the Wall Street projection. Net income of $3.64 per share was also above the target that analysts had anticipated.
TGT shares fell 1.5% immediately following the announcement. The stock has gained 43% since the beginning of this year.