From Yahoo Finance: 2025-05-21 09:39:00

T.J. Maxx owner TJX forecasts second-quarter earnings below expectations due to tariffs impacting business. Despite higher-than-estimated first-quarter results, TJX shares fall 2% in premarket trading. Fiscal 2026 first-quarter earnings per share were $0.92 on revenue of $13.11 billion, slightly exceeding analyst estimates. Second-quarter forecasts for revenue, EPS, and comparable sales lag expectations due to tariff costs. TJX maintains fiscal 2026 projections of a 2%-3% increase in comparable sales and EPS of $4.34 to $4.43. Shares are down 2.5% Wednesday but up 9% year-to-date.

Read more: TJX Stock Drops as TJ Maxx Owner Posts Downbeat Outlook on Tariffs Hit