Ross Stores Grew Comparable Sales 10%. TJX Grew 4%. Only One Stock Went Up.

Ross Stores and TJX Companies reported earnings for the same 13-week period with vastly different market reactions. Despite TJX posting 4% comparable sales growth and raising full-year guidance, its stock fell 4%. Ross Stores, with 10% comparable sales growth driven by increased customer traffic, saw its stock jump 4%. The key difference lies in forward guidance: Ross expects 6-7% comparable sales growth in Q3, while TJX projects only 2-3%, with its flagship Marmaxx division nearly flat.