Off-price retailer TJX raises annual profit forecasts

TJX•2026-08-19

TJX raises annual profit forecast

Aug. 19 (Reuters) - TJX raised its annual profit forecast on Wednesday, betting on resilient demand at its off-price retail stores as budget-conscious consumers increasingly hunt for deals.

The TJ Maxx parent expects earnings per share for fiscal 2027 to be between $5.31 and $5.36, compared with its previous forecast of $5.08 to $5.15.

Off-price retailer TJX raises annual profit forecasts

TJX raises annual profit forecast

Related News

United Community names Tom Speir CFO, succeeding retiring Jefferson Harralson

Firefly Aerospace to Deliver Zeno Power's Survive-the-Night Package on Moon Mission

Selloff in euro zone bonds continues as yields hit nearly two-decade high

AI infrastructure firm WhiteFiber tumbles on $270 mln convertible bond sale

ChargePoint partners with Portland International Airport on overhead fast-charging rollout for rental cars