TJX Maxx parent TJX up after annual forecast raise

The TJX Companies

20/05/2026 13:05

** Shares of off-price retailer TJX Cos TJX.N rise 3% at $155.75 premarket

** The company raises its annual comparable sales and profit forecast, banking on resilient demand at its off-price retail stores

** Expects comparable store sales to grow between 3% and 4% in fiscal 2027, compared with its prior forecast of 2% to 3% growth

** Sees annual earnings per share to be between $5.08 and $5.15, compared with its previous forecast of $4.93 to $5.02

** Reports Q1 sales of $14.32 billion compared to analysts' estimate of $14 billion - data compiled by LSEG

** Posts Q1 EPS of $1.19 versus an estimate of $1.02

** As of last close, stock down ~2% YTD

(Reporting by Koyena Das from Bengaluru )

((Koyena.das@thomsonreuters.com))