TJ Maxx parent TJX raises annual profit forecast

Burlington Stores

19/11/2025 12:36

Nov 19 (Reuters) - TJX Cos TJX.N raised annual profit forecast on Wednesday, anticipating that its broad sourcing strategy and seasonal inventory will attract bargain-hunting shoppers to its off-price stores.

The TJ Maxx parent expects earnings per share for fiscal 2026 to be between $4.63 and $4.66, compared with its previous forecast of $4.52 to $4.57.

 (Reporting by Chandni Shah in Bengaluru; Editing by Shilpi Majumdar)

 ((chandni.shah@thomsonreuters.com))