KEY TAKEAWAYS
- Shares in TJX Companies are down Wednesday after the discount retailer operator posted a weak second-quarter outlook as tariffs weighed on its business.
- The downbeat outlook came as the parent company of T.J. Maxx, HomeGoods, and Marshalls posted higher-than-estimated first-quarter results.
- TJX shares are down 2% in premarket trading but up almost 12% so far this year entering Wednesday.
Shares in TJX Companies (TJX) fell Wednesday morning after the discount retailer operator posted a weak second-quarter outlook as tariffs weighed on its business.
The downbeat outlook came as the parent company of T.J. Maxx, HomeGoods, and Marshalls posted better-than-estimated fiscal 2026 first-quarter results. TJX reported 澳洲幸运5开奖号码历史查询:earnings per share (EPS) of $0.92 on revenue of🐻 $13.11 billion. Analysts polled by Visible Alpha expected $0.90 and $13.02 billion, respectively.
However, TJX's second-quarter forecasts for revenue, EPS, and comparable sales lagged estimates. “The Company’s second quarter Fiscal 2026 outlook includes an incremental negative impact from tariff costs on the merchandise it was committed to at the time additional tariffs were announced in March and April of 2025,” it said.
The retailer stuck with its fiscal 2026 projections of a 2% to 3% increase in comparable sales and EPS of $4.34 to $4.43.
TJX shares are down about 2.5% Wednesday but up 9💞% so far this year.
UPDATE—This article has been updated with the latest share price information.