Target Q1 2026 earnings showed a company starting to rebound with a nice sales gain and stronger than expected earnings.

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.

Target, which embarked on a turnaround plan under its new CEO earlier this year, reported the biggest increase for a widely watched measure of quarterly sales in four years.

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