Discount Retailer TJX Raises Annual Forecasts as US Shoppers Hunt for Value

Why TJX Companies Stock Surged Today

Key PointsTJX beat Wall Street's sales and earnings targets for fiscal Q1. TJX posted strong momentum for same-store-sales growth last quarter. These 10 stocks could mint the next wave of millionaires › TJX Companies (NYSE: TJX) stock posted big gains in Wednesday's trading. Its share price gained 5.7% in the daily session. Meanwhile, the S&P 500 index rose 1%, and the Nasdaq Composite rose 1.5%. Before the market opened this morning, TJX publis…

TJX shows it's the right retail stock for this moment with a stellar quarter, guidance boost

Shares of TJX jumped 6% Wednesday after kicking off its fiscal 2027 with better-than-expected results.

TJX Companies Q1 2027 Earnings Call Transcript - TJX Companies (NYSE:TJX)

TJX Companies (NYSE:TJX) Issues Earnings Results

TJX Companies (NYSE:TJX - Get Free Report) announced its earnings results on Wednesday. The apparel and home fashions retailer reported $1.19 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.18. TJX Companies had a return on equity of 57.70% and a net margin of 9.10%.During the same quarter in the prior year, the business posted $0.92 earnings per share. The business's quarterly revenue was up 9.2% compared to th…

Discount retailer TJX raises annual forecasts as US shoppers hunt for value

TJX raises annual sales, profit forecasts

TJX 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.