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Target's tariff refund of $994 million doubles Q2 operating profit

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WMT Walmart Inc
$114.41 -0.69%
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  1. 1Target said it received a $994 million pre-tax tariff refund from the U.S. government
  2. 2The refund doubled Q2 operating profit from $1.3 billion last year to $2.6 billion
  3. 3Many companies are receiving tariff refunds after the Supreme Court ruled Trump's import tariffs illegal

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