Target is expected to report fiscal second-quarter results Wednesday morning under CEO Michael Fiddelke. Analysts surveyed by LSEG forecast earnings per share of $2.33 and revenue of $26.14 billion. Last quarter, the retailer posted positive same-store sales growth of 5.6% for the first time in five quarters, while raising its full-year revenue guidance. Target’s stock is up more than 55% year-to-date, though Deutsche Bank analysts remain cautious until the company demonstrates sustainable market share gains.
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