TJX Companies Set to Announce First Quarter Results on May 28

Framingham, Massachusetts-based The TJX Companies, Inc. (TJX) serves as an off-price retailer for apparel and home fashions across the United States, Canada, Europe, and Australia. With a market capitalization nearing $136.5 billion, TJX operates through several segments, including Marmaxx, HomeGoods, TJX Canada, and TJX International.

Upcoming Financial Performance Expectations

On Wednesday, May 28, TJX is scheduled to unveil its first-quarter results. Analysts predict the company will report a non-GAAP profit of $0.90 per share, reflecting a decline of 3.2% from $0.93 per share reported in the same quarter last year. However, it’s worth noting that TJX has exceeded analysts’ bottom-line estimates in each of the last four quarters.

Fiscal Projections

For the full fiscal year 2026, TJX is expected to report an adjusted EPS of $4.43, which would represent a 4% increase from the $4.26 reported in fiscal 2025. Looking further ahead, earnings for fiscal 2027 are anticipated to rise by 9.5% year-over-year, reaching $4.85 per share.

Stock Performance and Market Positioning

TJX Stock prices have soared 31.9% over the past 52 weeks, significantly outperforming the S&P 500 Index’s ($SPX) 8.4% gains and the Consumer Discretionary Select Sector SPDR Fund’s (XLY) 12.4% returns during the same period.

Recent Quarterly Results

TJX Stock prices increased by 1.8% following the release of its better-than-expected Q4 results on February 26. The company experienced a solid rise in customer transactions, with comparable store sales climbing 5% compared to the previous year. However, Q4 2024’s results included 14 weeks, one more than Q4 2025, which inflated year-ago revenues. In Q4 2025, net sales remained nearly flat at $16.4 billion yet exceeded consensus estimates by 98 basis points. Additionally, EPS improved slightly, rising by one cent to $1.23, surpassing consensus predictions by over 6%.

Analyst Perspectives

The consensus outlook for TJX is warmly optimistic, receiving a “Strong Buy” rating overall. Out of the 22 analysts covering the Stock, 20 recommend a “Strong Buy,” while two suggest a “Hold” rating. The average price target stands at $140.86, indicating a potential upside of 10.8% from current levels.

On the date of publication, Aditya Sarawgi did not hold (either directly or indirectly) any positions in the securities mentioned in this article. All information and data in this article are solely for informational purposes. For more information, please view the Barchart Disclosure Policy here.

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.