Particle.news
Download on the App Store

TJX Posts Holiday Beat but Issues Outlook Below Street, Announces Up to $3 Billion Buybacks

Guidance trails Wall Street due to softer discretionary spending.

Overview

  • TJX guided fiscal 2027 comparable sales to 2%–3%, below the 3.5% average analyst estimate from LSEG.
  • The company forecast earnings per share of $4.93 to $5.02 for fiscal 2027 versus the $5.18 LSEG consensus.
  • Fourth-quarter comparable sales rose 5% and adjusted EPS reached $1.43, topping the $1.39 estimate.
  • Management unveiled an additional share repurchase authorization of up to $3 billion.
  • Executives pointed to weaker discretionary demand, mounting margin and competitive pressures, and analysts described the outlook as conservative as shares slipped nearly 2% premarket.