TJX falls after co forecasts Q2 earnings below estimates amid tariff pressures

The TJX Companies

21/05/2025 15:16

** Shares of off-price retailer TJX Cos TJX.N fall as much as 2% at $132.48

** TJ Maxx parent forecasts Q2 earnings per share in a range between $0.97 and $1.00, which includes incremental negative impact from tariff costs

** Analysts estimate profit per share of $1.03 in second quarter - LSEG data

** However, steady consumer demand for off-price goods helps TJX post Q1 revenue of $13.11 billion, above analysts' expectations of $13.01 billion

** Q1 EPS of 92 cents per share also beats estimates by 1 cent

** As of last close, stock up ~9% YTD

 (Reporting by Meera Nair in Bengaluru)

 ((meera.nair@thomsonreuters.com))