The TJX Companies IncTJX
▲ PositiveCapitalrelevance
Earnings beat and raised fiscal 2027 guidance
Impact on stocks 1
Consumer Discretionary
The TJX Companies IncTJX Shares Rise 4% Since Earnings Beat and Raised Fiscal 2027 Guidance
Earnings
TJX shares have gained about 4% since its last earnings report, outperforming the S&P 500. The TJX Companies posted first-quarter fiscal 2027 earnings per share of $1.19, beating the Zacks Consensus Estimate of $1.01, while net sales rose 9% to $14,323 million, also above estimates. Consolidated comparable store sales increased 6%, with growth across all divisions including Marmaxx, HomeGoods, TJX Canada, and TJX International. The company raised its full-year fiscal 2027 guidance, now expecting comparable store sales growth of 3% to 4%, a pretax profit margin of 11.9% to 12%, and earnings per share between $5.08 and $5.15. For the second quarter, management projects comparable store sales growth of 2% to 3% and earnings per share of $1.15 to $1.17. Despite the strong results, analyst estimates have trended downward over the past month, and the stock currently carries a Zacks Rank of 3, or Hold.
The TJX Companies IncEarnings beat and raised fiscal 2027 guidance