Target arrives in Chicago the week of its first earnings call under new CEO

Target's Gulfstream G280, tail number N585PL, completed a brief flight from a seaplane base near its Minneapolis headquarters to Chicago Midway International Airport on June 5, 2026, arriving just after 5:21 p.m. local time. The short hop, lasting under a minute at a maximum altitude of 4,150 feet, followed a series of local movements around the Twin Cities earlier that day.

The trip coincides with Target's first-quarter earnings report, released on May 20, 2026, which showed net sales grew 6.7 percent year-over-year and same-store sales rose 5.6 percent — the retailer's first increase in that key metric in five quarters, per a CNBC report. New CEO Michael Fiddelke, who succeeded Brian Cornell in February, led the earnings call and outlined plans to invest $2 billion in inventory and cut prices on 3,000 items amid consumer caution, as covered by Devdiscourse.

Target's three-aircraft fleet frequently shuttles executives between Minneapolis and major markets like Chicago, a hub for investor meetings and strategic planning. This arrival, while brief, lands Fiddelke in the city the same week the company's growth strategy faces scrutiny from analysts, per RBC Capital Markets, who noted revised guidance implies a slowdown ahead.