TJX climbs after raising annual forecast

The TJX Companies

20/08/2025 13:08

** Shares of TJX Companies TJX.N up about 4% at $139.75 after annual forecast raise

** Co expects diluted earnings per share in the range of $4.52 to $4.57 vs previous expectations of $4.34 to $4.43, betting on resilient demand

** The TJ Maxx parent expects fiscal 2026 comparable store sales to grow 3%, up from its prior forecast of 2% to 3% growth

** Co benefits from its broad sourcing strategy, helping it sidestep major tariff exposure

** TJX also beats Q2 profit and revenue estimates

** Up to last close, shares up about 12% YTD

 (Reporting by Anshi Sancheti in Bengaluru)

 ((Anshi.Sancheti@thomsonreuters.com))