TJX Cos. reported earnings and revenue that surpassed expectations and raised its full-year guidance, expecting earnings per share between $4.52 and $4.57 and a 3% increase in comparable sales. CEO Ernie Herrman cited strong customer transactions and demand across U.S. and international divisions. Shares rose 4% in premarket trading.

In the fiscal 2026 second quarter, TJX exceeded Wall Street estimates with earnings per share of $1.10 and revenue of $14.40 billion. Net income was $1.24 billion, up from $1.1 billion a year prior. Comparable sales grew 4%, beating estimates of 3.2%. Analysts predict TJX will continue to outperform traditional department stores.

TJX’s off-price model positions it to avoid significant tariff costs in the short term. Analysts from UBS and Morgan Stanley anticipate TJX gaining market share from department stores. Analysts await further commentary on tariffs and consumer health during the earnings call. TJX shares have risen over 11% this year.

Read more at CNBC: TJX Cos. (TJX) Q2 2026 earnings