The TJX Companies, Inc. (TJX), based in Framingham, Massachusetts, operates as a low-cost clothing and home fashion retailer in the United States, Canada, Europe and Australia. With a market capitalization of nearly $157.9 billion, TJX Companies operates through the Marmaxx, HomeGoods, TJX Canada and TJX International segments.
The clothing retailer is preparing to announce its third quarter results before markets open on Wednesday, November 19. Ahead of the event, TJX is expected to report earnings of $1.21 per share, up 6.1% from $1.14 per share reported in the year-ago quarter. On a more positive note, the company has beaten Street net income estimates in each of the last four quarters.
For full fiscal 2026, analysts expect TJX’s EPS to be $4.64, up 8.9% from the $4.26 reported in fiscal 2025. In fiscal 2027, its earnings are expected to grow another 8.6% year over year to $5.04 per share.
TJX stock prices have surged 24.3% over the past 52 weeks, notably outperforming the 16.9% gains of the S&P 500 Index ($SPX) and the 18.7% returns of the SPDR Consumer Discretionary Sector Fund (XLY) over the same period.
TJX Companies’ stock price gained 2.7% during the trading session after releasing its impressive second quarter results on August 20. The quarter was marked by solid comparable sales growth of 4% and improved efficiency, leading to margin expansion. TJX’s revenue was $14.4 billion, up 6.9% year over year and 2.3% above Street expectations. Additionally, thanks to gross margin expansion and a slight decline in selling and administrative expenses as a percentage of revenue, the company’s net income jumped 13.1% year over year to $1.2 billion, and its EPS of $1.10 beat consensus estimates by 8.9%.
Analysts remain extremely optimistic about the stock’s prospects. TJX has an overall consensus rating of “Strong Buy.” Of the 22 analysts covering the stock, opinions include 18 “strong buys”, one “moderate buy” and three “holds”. Its average price target of $152.49 suggests modest upside potential of 7.5% from current price levels.
As of the date of publication, Aditya Sarawgi did not have (directly or indirectly) any position in any of the securities mentioned in this article. All information and data contained in this article are for informational purposes only. This article was originally published on Barchart.com
