TJX Companies Inc
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TJX Companies Inc (TJX) Stock News
The latest TJX headlines and market coverage — 5 recent stories, updated throughout the day.
- Benzinga·
TJX Companies Sees 'No Signs Of Consumer Weakness': Analysts
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
- Benzinga·
TJX Analysts Raise Their Forecasts Following Better-Than-Expected Q1 Results
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
- The Motley Fool·
Why TJX Companies Stock Surged Today
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.
- Benzinga·
Price-Weary Shoppers Are Flocking To TJX In Droves
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
- Benzinga·
Top Wall Street Forecasters Revamp TJX Expectations Ahead Of Q1 Earnings
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