Target (TGT): FY27 Q2 earnings call, Aug 19, 2026

Wed, Aug 19Earnings callSpeaker-labelled transcriptTarget

On its Aug 19, 2026 earnings call (FY27 Q2), Target said 10 of the 22 words Kalshi and Polymarket listed; Parrot’s count agreed with all 22 settlements. Quotes below are at most 25 words each, with timed clips.

Updated

Markets

22 words · 10 settled yes · our count agreed on 22 of 22

backtest The probabilities on settled rows are a walk-forward backtest: the model as of before each event, computed after Parrot went live; they were not published at the time.

Listed words: result, our count under the market rule, the count over every speaker, whether they agree, and the probability (a walk-forward backtest on settled rows)
WordResultOur countAll speakersAgreesProbabilityClipMarket
Question 20+ timesYes3030✓68%transcripts from the transcript modelHear it 0:12, Question 20+ times–
Back to School Yes1820✓55%transcripts from the transcript modelHear it 14:26, Back to School–
Beauty Yes1616✓96%n=3+tx from settlement history blended with transcriptsHear it 9:05, Beauty–
Tariff Yes1516✓81%n=1+tx from settlement history blended with transcriptsHear it 29:13, Tariff–
Remodel Yes89✓92%transcripts from the transcript modelHear it 20:27, Remodel–
Grocery Yes44✓56%transcripts from the transcript modelHear it 4:30, Grocery–
Revenue Yes23✓59%n=3+tx from settlement history blended with transcriptsHear it 28:49, Revenue–
Roundel Yes11✓82%transcripts from the transcript modelHear it 28:42, Roundel–
Target Plus Yes11✓82%transcripts from the transcript modelHear it 28:43, Target Plus–
Circle 360 Yes11✓74%n=3+tx from settlement history blended with transcriptsHear it 28:47, Circle 360–
Sale 25+ timesNo1515✓43%transcripts from the transcript modelHear it 9:25, Sale 25+ times–
Million / Billion 15+ timesNo99✓43%transcripts from the transcript modelHear it 8:00, Million / Billion 15+ times–
Retail 5+ timesNo44✓69%transcripts from the transcript modelHear it 6:09, Retail 5+ times–
Nintendo Switch No00✓60%transcripts from the transcript model–
Synthetic Color No00✓51%n=2+tx from settlement history blended with transcripts–
Competition No00✓25%n=3+tx from settlement history blended with transcripts–
Inflation No00✓25%n=3+tx from settlement history blended with transcripts–
Taylor Swift No00✓22%transcripts from the transcript model–
Autonomous / Automation No00✓20%n=1+tx from settlement history blended with transcripts–
Grand Theft Auto / GTA No00✓15%transcripts from the transcript model–
SNAP / Food Stamp No00✓10%n=3+tx from settlement history blended with transcripts–
Fiscal 10+ timesNo00✓6%transcripts from the transcript model–

Market prices are mid quotes from Kalshi and Polymarket, shown for context, may be delayed by several minutes and are not a signal. Quotes as of Oct 21, 2026 04:22 UTC.

Transcript

quotes of at most 25 words

Speaker-labelled transcript · Source and credits · Used to count words; quotes of at most 25 words.

30 matches for “Question”; too common a word to quote: try a less common one.

Where the listed words were said

Operatoroperator“Question (20+)” · prepared · 0:14Hear it 0:11, Operator

…a listen-only mode. Afterwards, we will invite you to participate in a question-and-answer session. At the close of prepared remarks, we will open the queue…

Cara Sylvestercompany“Back to School” · prepared · 14:28Hear it 14:27, Cara Sylvester

As we entered the back-to-school season, we built on that momentum with our exclusive partnership with LoveShackFancy. This offering ended up being the largest limited…

Cara Sylvestercompany“Beauty” · prepared · 9:07Hear it 9:03, Cara Sylvester

…importance with busy families. As a reminder, they include building a leading beauty destination, expanding our role in health and wellness, being food forward, celebrating…

Jim Leecompany“Tariff” · prepared · 29:15Hear it 29:09, Jim Lee

…second quarter gross margin rate of 33.7% was 4.7 percentage points higher than last year, including 3.7 percentage points of benefit from IEPA tariff refunds.

Lisa Roathcompany“Remodel” · prepared · 20:29Hear it 20:23, Lisa Roath

…of Target Beauty Studio, opened 17 new stores, advanced more than 100 remodels across the country, and prepared for and kicked off one of our…

Michael Fiddelkecompany“Grocery” · prepared · 4:32Hear it 4:27, Michael Fiddelke

Those changes included layout changes encompassing nearly half of our center store grocery assortment, a complete reimagination of our Fun 101 floor pad, replacing nearly…

Jim Leecompany“Roundel” · prepared · 28:44Hear it 28:41, Jim Lee

…to see strong growth beyond our first-party business. Specifically, gross billings from Roundel grew nearly 20%, Target Plus marketplace GMV grew more than 40%, and…

Agents: this page as TSV at /api/v1/appearances/target:2026-08-19:earnings_call · words: /api/v1/brief?appearance=target:2026-08-19:earnings_call · columnar JSON in #parrot-data · llms.txt · MCP