How does TJX's Q2 2025 surprise impact long-term holders?

**TJX's Q2 2025 Surprise and Its Impact on Long-Term Holders**:

1. **No Surprise, No Impact**: Long-term holders of TJX (T.J. Maxx) do not appear to be significantly affected by the company's earnings surprise in Q2 2025. This is because the latest report period for TJX is for Q4 2025, and thus, the Q2 2025 earnings report does not impact their investment based on recent earnings.
2. **Focus on Long-Term Strategy**: Long-term holders are typically interested in a company's strategic direction and financial health rather than short-term earnings variances. TJX's long-term strategy, including its focus on off-mall locations and digital initiatives, is more likely to influence their investment decision than a single quarter's earnings.

In conclusion, TJX's Q2 2025 earnings surprise does not directly impact long-term holders as it does not reflect in their investment decision-making process.