TJX Companies Inc (TJX) Stock News

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TJX closed at $132.31 with Wall Street analysts setting a mean price target of $169.36, indicating 28% upside potential. The stock has a Zacks Rank #2 (Buy) rating, supported by positive earnings estimate revisions and strong analyst agreement, though the article cautions that price targets alone should not be the sole basis for investment decisions.

TJX Companies delivered strong Q2 fiscal 2027 results with adjusted EPS of $1.22 (beating $1.18 estimate) and 5% sales growth to $15.18B. The company raised full-year guidance and plans to accelerate store expansion to 4% growth starting fiscal 2028, targeting 7,500 total stores. However, shares have declined 10.1% since the earnings report, underperforming the S&P 500, with analyst estimates trending downward despite the positive results.

TJX Companies raised its fiscal 2027 adjusted EPS guidance to $5.15-$5.20 following strong Q2 results that exceeded expectations. The company reported 11% earnings growth and 4% comparable sales growth, driven by higher merchandise margins and broad divisional gains. TJX also increased its long-term global store target by 500 locations to 7,500, planning 4% annual store growth from fiscal 2028. However, Marmaxx, the company's largest division, showed slower 1% comparable-sales growth, which management attributed to merchandise-mix issues.

TJX Companies raised fiscal 2027 EPS guidance and targets 5%-6% sales growth with plans to expand stores to 7,500 locations. However, the stock trades at a premium valuation (P/S ratio of 2.06 vs. industry 1.58) that leaves little room for execution errors. Key risks include Marmaxx underperformance and rising cost pressures, though strong cash generation supports growth and shareholder returns.

TJX Companies shares declined 17.4% in a month despite beating Q2 earnings expectations and raising fiscal 2027 guidance. While most divisions showed growth, Marmaxx comparable sales rose only 1%, below expectations due to merchandise mix issues. The company faces headwinds from higher wage and fuel costs, and its valuation premium leaves limited room for error.

TJX Companies' International division achieved significant profitability gains in Q2 FY2027, with adjusted segment profit margin rising 210 basis points year-over-year to 7.3%. The division reported net sales of $2.09 billion, up 11% from the prior year, driven by higher customer transactions and 7% comparable sales growth. The margin improvement was supported by favorable merchandise margins and expense leverage, while the company continued expansion efforts in Europe.

The article compares Chewy, a digital-first pet retailer with an 8.6B market cap, against TJX Companies, a brick-and-mortar off-price retail powerhouse with a 139B market cap. While Chewy offers a cheaper P/S ratio (0.7x vs 2.3x) and growing Autoship subscription revenue, TJX demonstrates superior profitability with a 9.1% net margin versus Chewy's 1.8%, a lower P/E ratio (23.3x vs 32.65x), and stronger free cash flow ($4.9B vs $562.4M). The author recommends TJX Companies as the better buy, citing its consistent ability to beat expectations, strong customer demand for value, and proven track record of profitability across economic cycles.

The article examines the reliability of Wall Street analyst recommendations versus Zacks Rank for predicting stock performance. Using TJX as an example, it explains why brokerage recommendations often have positive bias due to vested interests, and argues that Zacks Rank—based on earnings estimate revisions—is a more reliable indicator. TJX currently has a Buy-equivalent average brokerage recommendation and a Zacks Rank #2 (Buy) rating, supported by recent earnings estimate increases.

TJX Companies increased its global store target by 500 locations to 7,500 stores, with plans to accelerate annual store-opening growth to 4% starting fiscal 2028. The expansion includes increases for TJ Maxx/Marshalls (3,300 stores) and HomeGoods (2,000 stores), supported by opportunities in rural and urban markets. Comparable retailers Ross Stores and Burlington Stores are also pursuing aggressive expansion strategies.

TJX Companies' stock dropped nearly 15% in August despite solid Q2 2027 earnings with 5% revenue growth and 22% net income increase. The decline was driven by the company's full-year adjusted earnings guidance of $5.15-$5.20 per share falling short of analyst expectations of $5.22, combined with downgrades from Jefferies and Gordon Haskett analysts. The stock's prior strong performance had inflated valuations, making investors unforgiving of even modest misses on forward guidance.

A comparison of Dollar General (DG) and TJX reveals that DG is the superior value investment option. DG holds a Zacks Rank #2 (Buy) versus TJX's #3 (Hold), with DG featuring more attractive valuation metrics including a forward P/E of 17.23 compared to TJX's 25.16, a PEG ratio of 1.81 versus 2.37, and a P/B ratio of 3.11 versus 13.56. DG earned a Value grade of A while TJX received a D.

The TJX Companies' HomeGoods division reported solid second-quarter fiscal 2027 results with comparable sales rising 7% and net sales climbing 10% to $2.51 billion. Growth was driven by higher average basket sizes and increased customer transactions across all banners and regions. Peer retailers Ross Stores and Burlington Stores also demonstrated strength in their home categories during the same period.

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.

TJX Companies beat earnings expectations with $1.22 EPS vs. $1.19 expected and 4% same-store sales growth, but stock fell 6% initially before recovering to a 1.3% decline. The decline was driven by weak guidance for Q3 (2-3% growth) and concerns about valuation, with the stock trading at 28x earnings despite only high single-digit growth prospects. Most brands outperformed except Marmaxx, the company's largest division.

Shares of TJX Companies Inc (NYSE: TJX ) tanked in early trading on Thursday, despite the company Monday reporting upbeat first-quarter results . Here are the key analyst insights: BTIG analyst Robert Drbul reiterated a Buy rating, while lifting the price target from $185 to $190. BofA Securities analyst Lorraine Hutchinson maintained a Buy rating and price target of $175. Check out other analyst stock ratings . BTIG: TJX Companies reported a beat on both sales and margins. Transactions and basket size drove comps. "Performance was strong across all income cohorts and geographic regions, with no signs of consumer weakness," Drbul said in a note. The analyst stated that the company has several strategies to drive comp strength and gain market share, including: Marketing: Management is targeting a broad customer demographic, with new campaigns and partnerships expected this year. Merchandise: Product availability is improving ... Full story available on Benzinga.com

TJX Companies, Inc. (NYSE: TJX ) on Wednesday reported first-quarter results that topped Wall Street expectations and raised its full-year earnings outlook . The company reported first-quarter earnings of $1.19 per share, exceeding the analyst consensus estimate of $1.01. Revenue rose 9% year over year to $14.32 billion, above Wall Street expectations of $14.00 billion. TJX raised its fiscal 2027 GAAP earnings guidance to a range of $5.08 to $5.15 per share, up from its prior forecast of $4.93 to $5.02 per share. Analysts were expecting $5.13 per share. For the second quarter of fiscal 2027, the company expects GAAP earnings of $1.15 to $1.17 per share, compared with analyst estimates of $1.18 per share. Ernie Herrman, Chief Executive Officer and President ... Full story available on Benzinga.com

TJX Companies stock surged 5.65% on Wednesday after reporting strong fiscal Q1 2027 results that beat Wall Street expectations. The company posted earnings per share of $1.19 (beating estimates by $0.19) and revenue of $14.3 billion (exceeding forecasts by $310 million), with sales growth exceeding 9% year-over-year. However, the company provided conservative forward guidance for comparable sales growth of 3-4% annually, which investors may view as a cautious approach.

TJX Companies, Inc. (NYSE: TJX ) stock rose Wednesday after the off-price retailer reported first-quarter results that topped Wall Street expectations and raised its full-year earnings outlook. Investor sentiment also improved after the company posted broad-based comparable sales growth and margin expansion across several key divisions. Quarterly Results Beat Expectations The company reported first-quarter earnings of $1.19 per share, exceeding the analyst consensus estimate of $1.01. Revenue rose 9% year over year to $14.32 billion, above Wall Street expectations of $14.00 billion . TJX said consolidated comparable sales increased 6% in the quarter, ahead of its internal forecast. Comparable sales increased 6% at Marmaxx, 9% at HomeGoods and 7% at TJX Canada during the first quarter of fiscal 2027. TJX International posted a 4% increase in comparable sales from a year earlier. Gross profit margin expanded to 31.3% ... Full story available on Benzinga.com

The TJX Companies, Inc. (NYSE: TJX ) will release earnings for its first quarter before the opening bell on Wednesday, May 20 . Analysts expect the Framingham, Massachusetts-based company to report quarterly earnings of $1.00 per share, up from 92 cents per share in the year-ago period. The consensus estimate for TJX's quarterly revenue is $14.01 billion. It reported $13.11 billion last year, according to Benzinga Pro. On March 30, TJX announced a 13% increase in common stock dividend. Shares of TJX gained 0.3% to close at $150.68 on Tuesday. Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables. Let's have a look at how Benzinga's most-accurate analysts have rated the company in ... Full story available on Benzinga.com