Newscasts - Earnings show why TJ Maxx shines and Lowe’s lags, strategist says

Lowes Companies

25/02/2026 21:48

Click the following link to watch video: https://share.newscasts.refinitiv.com/link?entryId=1_ddhotety&referenceId=tag:reuters.com,2026:newsml_RW861025022026RP1_930&pageId=Newscasts
Source: 'Reuters - Business videos'

Description: Brian Mulberry, chief market strategist at Zacks Investment Management, said that while both TJ Maxx and Lowe's are "struggling to engage" with the same consumers, the former has been better at "operational execution."

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Video Transcript:

Well, I think this morning we got a really good look at execution when we saw earnings coming out of T.J. Maxx, they really have been dominant in this space, showing that they can capture retailers and consumer spending in a way that others just simply aren't. The organic sales growth is really, really strong. And obviously, this is a company where you can go as a consumer and find luxury brands at discount prices. Another bonus, they don't pay tariffs, right? They're retailing other goods that have already been onshored at some other point of delivery and you're getting all of this value with less cost and it's showing in the earnings growth for a company like T.J. Maxx. When we look at somebody else that reported today like Lowe's, kind of in the same sandbox trying to engage with that same consumer, and they're not able to do so at the same rate. They're softening their future guidance, earnings are not growing as fast as they were, still a profitable company, but they're struggling to engage with that same consumer. So, in our view, it comes down to more of that operational execution, engaging with consumers, showing that you can provide value, and then you'll be able to capture more of their wallet share.