TJX Raises Earnings Guidance After Q2 Beat, Shares Surge 3.8%

TJX Companies reported Q2 earnings that exceeded analyst expectations, with adjusted EPS of $1.10 and revenue of $14.4 billion, surpassing the consensus of $1.01 and $14.14 billion, respectively. The company raised its full-year profit outlook to $4.52-$4.57 per share, but its Q3 EPS guidance fell short of analyst expectations. Shares surged 3.8% following the announcement.

TJX Companies, Inc. (NYSE: TJX) reported its second quarter (Q2) earnings for Fiscal 2026, which exceeded analyst expectations. The company reported adjusted earnings per share (EPS) of $1.10 and revenue of $14.4 billion, surpassing the consensus estimates of $1.01 and $14.14 billion, respectively [1].

The company's Q2 consolidated comparable sales increased by 4%, which was above its plan. Net income for the quarter was $1.2 billion, and diluted EPS was $1.10, up 15% from the prior year's $0.96. Additionally, the company returned $1.0 billion to shareholders through share repurchases and dividends [1].

TJX also raised its full-year profit outlook. The company now expects EPS to be in the range of $4.52 to $4.57 per share, representing a 6% to 7% increase over the prior year's $4.26. However, its third quarter (Q3) EPS guidance fell short of analyst expectations, with the company expecting EPS to be in the range of $1.17 to $1.19, compared to the consensus estimate of $1.15 [1].

Shares of TJX Companies surged by 3.8% following the announcement, indicating positive investor sentiment [1].

References:
[1] https://finance.yahoo.com/news/tjx-companies-inc-reports-q2-113000201.html