TJX Raises Fiscal 2027 Earnings Guidance Following Robust Q2 Results

Key Facts

1TJX Companies raised its fiscal 2027 adjusted earnings guidance to a range of USD 5.15-5.20 per share.

2The company reported an 11% increase in Q2 adjusted earnings to USD 1.22 per share, with net sales rising 5% to USD 15.18 billion.

TJX Companies raised its fiscal 2027 adjusted earnings guidance to a range of $5.15-$5.20 per share, AD HOC NEWS reported. The upward revision follows a second quarter where adjusted earnings climbed 11% to $1.22 per share, supported by a 5% increase in net sales to $15.18 billion.

The company's performance was bolstered by a 7% rise in HomeGoods comparable sales and a 6% gain in TJX Canada, while the Marmaxx division saw a 1% increase. Despite the improved outlook, Jefferies downgraded the stock from Buy to Hold on August 26, 2026, lowering its price target to $145.00 from $180.00.