TJX raises annual sales, profit forecasts

The TJX Companies

20/05/2026 12:36

May 20 (Reuters) - TJX TJX.N raised its annual comparable sales and profit forecast on Wednesday, betting on resilient demand at its off-price retail stores as budget-conscious consumers increasingly shop for deals amid economic uncertainties.

The TJ Maxx-parent expects comparable store sales to grow between 3% and 4% in fiscal 2027, compared with its prior forecast of between 2% and 3% growth.

It also expects annual earnings per share to be between $5.08 and $5.15, compared with its previous forecast of $4.93 to $5.02.

 (Reporting by Sanskriti Shekhar in Bengaluru; Editing by Leroy Leo)

 ((Sanskriti.Shekhar@thomsonreuters.com))