TJX Raises Annual Profit Forecast After Strong Q3

TJX raises annual profit forecast after better-than-expected Q3, driven by strong sales growth across its key discount stores.

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TJX Raises Annual Profit Forecast After Strong Q3

TJX Raises Annual Profit Forecast After Strong Q3
TJX raised its full-year profit forecast after reporting a strong Q3 performance, driven by higher-than-expected sales across its discount chains. The retailer now expects EPS between $4.80 and $4.90, up from its previous estimate of $4.60 to $4.70. The strong results reflect robust demand for apparel and home goods at TJX’s stores. The company also increased its same-store sales growth guidance for FY26, suggesting a healthy retail environment going forward.
Companies:
  • TJX
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  • TJX
  • profit forecast