Target's first quarter crushed expectations, netting $25.4 billion in sales, as shoppers flocked to the retailer's renewed mix of trend and value.

Target Corp. has quietly emerged as one of this year’s hottest retail stocks, outperforming many staples and big-box peers. The rally has also raised the bar headin…

Target has been struggling with a sales slump and decreased customer traffic, though CEO Michael Fiddelke has said the retailer is poised for a turnaround.

The company says new collaborations with labels like Roller Rabbit resonated with shoppers