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Grocery & Big Box

Target

Parent: Target Corporation · Public

NYSE: TGT$165.90+4.7%close Nov. 9, 2026
Credit ratingA2 Investment grade
Moody’s A2S&P AFitch A
AAAAAABBBBBBCCCD
Investment gradeHigh yield

Moody’s, as of Aug. 1, 2026. Source: Target Form 10-Q (Aug. 1, 2026)

Founded1902Source: Wikidata
Employees400,000as of 2025; source: Wikidata
Locations1,995Jan. 2026; source: TGT Form 10-K, fiscal year ended 2026-01-31
HeadquartersMinneapolis, MinnesotaGrocery & Big Box

New Initiatives

How the real estate strategy is changing: openings, closures, formats, remodels, relocations and refranchising.

Target is a national general merchandise retailer. It is investing in new stores and remodels while working through softer comparable sales.

Store count

1,995 as of Jan. 31, 2026
+0.9% 1-year change vs. prior fiscal year
  1. 1,8682020
  2. 1,8972021
  3. 1,9262022
  4. 1,9482023
  5. 1,9562024
  6. 1,9782025
  7. 1,9952026

Stores. Counts as reported at each period end. Sources: TGT Form 10-K, fiscal year ended 2023-01-28; TGT Form 10-K, fiscal year ended 2024-02-03; TGT Form 10-K, fiscal year ended 2025-02-01; TGT Form 10-K, fiscal year ended 2026-01-31 and 3 earlier sources.

SEC Filings

Annual reports filed by Target Corporation. All filings on EDGAR

PeriodFormFiledDocument
Fiscal year ended Jan. 31, 202610-KMar. 11, 2026View on sec.gov
Fiscal year ended Feb. 1, 202510-KMar. 12, 2025View on sec.gov
Fiscal year ended Feb. 3, 202410-KMar. 13, 2024View on sec.gov
Fiscal year ended Jan. 28, 202310-KMar. 8, 2023View on sec.gov
Latest quarter, period ended Aug. 1, 202610-QAug. 28, 2026View on sec.gov

Credit ratings

AgencyRatingOutlookAs ofSource
Moody’sA2Aug. 1, 2026Target Form 10-Q (Aug. 1, 2026)
S&P GlobalAAug. 1, 2026Target Form 10-Q (Aug. 1, 2026)
FitchAJan. 31, 2026Target Form 10-K (Jan. 31, 2026)

Bond market context

Issuer bond yieldUnavailable. No free, licensed source for individual bond yields.
A index effective yield5.56% (Nov. 6, 2026; ICE BofA Single-A US Corporate Index)
A index spread (OAS)77 bps over Treasuries; 67 bps a year earlier (FRED)
10-year Treasury4.88% (Nov. 9, 2026)

The index row shows the yield on single-A-rated U.S. corporate bonds as a group, the closest free benchmark for this rating category. It is not the yield on this company’s own bonds.

Share prices, Yahoo Finance, as of Nov. 9, 2026. Bond index yields and spreads, ICE BofA US corporate and high yield indices, ICE Data Indices, LLC, via FRED, Federal Reserve Bank of St. Louis. 10-year yield, U.S. Department of the Treasury.

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