From CNBC: 2025-02-26 13:28:35

TJX Companies reported a better-than-expected quarter but light outlook, sending shares up 3%. Sales totaled $16.35 billion, exceeding estimates, with revenue slightly down year over year. Adjusted EPS was $1.23, beating expectations, and same-store sales rose 5%. TJX consistently under-promises and over-delivers, making it a solid investment. TJX Companies is well-suited for the current economic environment, offering customers a wide range of merchandise at compelling prices. The owner of T.J. Maxx, Marshalls, and HomeGoods delivered strong holiday shopping numbers, leading to a 27% increase in shares over the past year. TJX’s reputation for quality products at fair prices keeps customers coming back. TJX announced a 13% increase in its annual dividend payout and plans to buy back $2.5 billion in stock in fiscal 2026. The company is expanding internationally and remains optimistic about its growth. TJX’s off-price model benefits from factors like inflation and supply chain disruptions, making it a top choice for consumers seeking good deals in a challenging economic environment. TJX’s guidance for fiscal 2026 may prove conservative, with the company factoring in unfavorable foreign exchange rates and weather-related impacts on sales. TJX remains well-positioned for growth and expansion in the retail sector.



Read more at CNBC:: We’re lifting our price target on off-price retailer TJX after another strong quarter