TJX Beats Q2 EPS, Raises FY27 Guidance on HomeGoods Strength
TJX is trading near its 52-week low of $132.63 (9.7% above the low).
Summary
TJX delivered a solid Q2 beat with adjusted EPS of $1.22 versus $1.19 consensus and sales of $15.18B, slightly above estimates. The company raised its full-year FY27 pretax margin outlook to 12.3%-12.4% and diluted EPS guidance to $5.31-$5.36, signaling confidence in continued momentum. Strength came from HomeGoods, TJX Canada, and TJX International, while the core Marmaxx division lagged. A net benefit from IEEPA tariff refunds also boosted margins. The company returned $1.3B to shareholders via buybacks and dividends in the quarter. Q3 guidance calls for 2%-3% comp sales growth and EPS of $1.36-$1.38, providing a clear near-term benchmark.
At the time of this announcement, TJX was trading at $145.50 on NYSE in the Trade & Services sector, with a market capitalization of approximately $166.6B. The 52-week trading range was $132.63 to $170.00. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.