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Target Plans to Lower Prices After Receiving Almost $1 Billion in Tariff Refunds

Wall Street expects $26.14 billion in revenue as Target seeks to show its sales gains can last after several sluggish quarters.

Summary by Digiday
Tariff refunds were a massive tailwind for Target last quarter that could help it continue to lower prices.
Podcasts & Opinions

6 Articles

NewsweekNewsweek
Center

Target gets billion-dollar tariff refund—will customers see any benefit?

Corporations are taking different approaches to utilizing the rebates they are now receiving from Trump's annulled duties.

·New York, United States
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TVN24.plTVN24.pl
Lean Left

The Company Received Almost a Billion in Refunds From the State

Target received a $994 million refund related to U.S. President Donald Trump's illegal tariffs, which helped the company's quarterly operating profit double.

·Warsaw, Poland
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DigidayDigiday
Center

Target plans to lower prices after receiving almost $1 billion in tariff refunds

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

·New York, United States
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Star TribuneStar Tribune
Lean Left

Target collected $1B tariff refund. Will shoppers see any savings?

The retailer is the second major Minnesota company to report its refund from the federal government.

·Minneapolis, United States
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ABC ColumbiaABC Columbia
Center

Tariff refunds boost Target earnings

Target says its turnaround is picking up steam.

·Columbia, United States
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CNBCCNBC
Lean Left

Target says its turnaround is picking up steam, with help from a big tariff refund

Target posted better-than-expected fiscal second-quarter sales and raised its full-year outlook.

·Englewood Cliffs, United States
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CNBC broke the news in Englewood Cliffs, United States on Wednesday, August 19, 2026.
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