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Off-price retailer TJX raises annual profit forecasts

Off-price retailer TJX raises annual profit forecasts

- TJX TJX.N raised its annual profit forecast on Wednesday, betting on resilient demand at its off-price retail stores as budget-conscious consumers increasingly hunt for deals.

The TJ Maxx parent expects earnings per share for fiscal 2027 to be between $5.31 and $5.36, compared with its previous forecast of $5.08 to $5.15.


(Reporting by Sanskriti Shekhar in Bengaluru; Editing by Devika Syamnath)

((Sanskriti.Shekhar@thomsonreuters.com))

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