TJX falls after Q3 profit forecast comes in below estimates

The TJX Companies

19/08/2026 13:18

** Shares of off-price retailer TJX Cos TJX.N drop about 4% at $145 premarket
** Co forecasts third-quarter profit below estimates, as consumers rein in discretionary spending amid macroeconomic uncertainty
** Expects Q3 adjusted EPS of $1.30 to $1.32, excluding a 6 cent benefit from tariff refunds, below analysts' estimates of $1.35 - data compiled by LSEG
** Reaffirms annual comparable sales forecast of 3% to 4% growth
** Sees fiscal 2027 profit between $5.31 and $5.36 per share, compared with its prior target of $5.08 to $5.15 per share
** Reports Q2 sales of $15.18 billion, narrowly beating expectations of $15.16 billion 
** Logs Q2 adjusted EPS of $1.22 vs estimates of $1.19
** Up to last close, stock down ~2% YTD

 (Reporting by Shania S Thomas in Bengaluru)
 ((shanias.thomas@thomsonreuters.com))