$TGT

Slickhair, an Australian hair care brand, will launch its products, including the viral Slick Stick, in over 600 Target stores and online on September 10. The brand, founded in 2019, offers anti-frizz and flyaway solutions. Target's Beauty Studio will feature Slickhair's styling collection, marking the brand's first widespread in-store availability in the U.S.

Phillips 66 (PSX), Target (TGT), and Wells Fargo (WFC) paid dividends on September 1, 2026. Target and Wells Fargo raised their rates, with Wells Fargo increasing its quarterly dividend by 11% to $0.50 per share. Phillips 66's shares surged 97% year-to-date, reporting Q2 EPS of $9.41, exceeding expectations. Target's Q2 EPS was $4.11 on revenue of $26.54B, while Wells Fargo returned $5.4B to shareholders in Q1 2026.

Target (TGT) is expanding its beauty strategy with the launch of Target Beauty Studio in over 600 stores and online. The segment saw net sales rise to $3.64B in Q2 2026. The new concept features 1,600+ products from 90 brands, with 66% new to Target. Beauty is one of seven core priority areas for the retailer. Target's shares have rallied 31.9% over the past three months, with a forward P/E of 16.77.

Target is launching Target Beauty Studio in over 600 stores and online on Sept. 10, featuring 1,600 products from 90 brands, including many new to Target. The move follows the end of its Ulta Beauty partnership. The studio will offer personalized recommendations and exclusive offers for Target Circle members.

Target (TGT) shows improving traffic and higher-margin business growth, but analysts remain mixed. Avnet (AVT) reported 48% YOY sales growth and guided 10% sequential sales growth, with shares up 85% YTD. Cenovus (CVE) increased production guidance by 25,000 barrels/day and lowered operating costs, with shares up 86% YTD. All three companies have strong recent performance and guidance.

Target (TGT) stock surged 66% in 2026, outperforming peers Walmart (WMT) and Costco (COST). Analysts' average price target is below the current share price, with most rating it a Hold. Target's Q2 FY2027 earnings beat estimates, driving the rally. Reaching $200 per share would require sustained earnings growth, particularly in underperforming categories like home and apparel.

Target plans to launch Target Beauty Studio in over 600 stores in September, focusing on health and beauty after recent grocery emphasis. The company reported strong grocery sales, with snack sales up 15% year-over-year. Target is also accelerating delivery and investing in AI tools like Proxima for inventory management, and partnering with OpenAI and Gemini for digital traffic growth.

U.S. companies reported strong earnings in Q2, with S&P 500 companies on track for 52% YoY growth, driven by gains at Alphabet, Amazon, and others. Retail sales fell 0.6% in July but remain 5% higher YoY. Walmart's sales growth slowed, and it used $2.9B in tariff refunds to lower prices. AI spending also boosted demand.

Target (TGT) has raised its full-year outlook, anticipating 5% net sales growth, up from prior guidance. The company is confident in its turnaround, though recent controversies may pose risks. The stock is trading at a reasonable price, according to the article.

Target (TGT) apologized for selling a Halloween costume criticized as racist, removing it from its website. The company faces backlash and investor scrutiny over past controversies, including Pride merchandise and DEI rollbacks. The stock declined amid broader market stability, raising questions about management and internal processes.