TJX raises fiscal 2027 EPS forecast to $5.31-$5.36

TJX raised its fiscal 2027 earnings-per-share forecast to $5.31-$5.36 from $5.08-$5.15, citing resilient demand at its off-price retail stores as budget-conscious consumers seek more deals. Shares of the Framingham, Massachusetts-based company fell 4.6% in premarket trading after it projected third-quarter adjusted diluted EPS of $1.30-$1.32, excluding a 6-cent expected net benefit from tariff refunds, below the $1.35 analyst consensus from LSEG. TJX reaffirmed its forecast for annual comparable-store sales growth of 3% to 4%. The company received aggregate refunds of $331 million during the quarter for part of the IEEPA tariffs it had previously paid, while economic uncertainty linked to U.S. import tariffs and the Iran war has pushed lower-income consumers toward discount retailers.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.
TJX raises fiscal 2027 EPS forecast to $5.31-$5.36 - CoinPost Terminal