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Target's second straight comeback quarter boosted by nearly $1 billion Trump tariff refund | Fortune

Shoppers returned and sales rose 3.8%, but the government’s tariff refund supplied $1.65 of Target’s $4.11 in quarterly earnings.

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Shoppers returned and sales rose 3.8%, but the government’s tariff refund supplied $1.65 of Target’s $4.11 in quarterly earnings.

Tariff refunds were a massive tailwind for Target last quarter that could help it continue to lower prices.