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The TJX Companies, Inc. (TJX), headquartered in Massachusetts and boasting a market cap of $127.2 billion, is a leading off-price apparel and home fashion retailer. It owns popular discount retail stores like T.J. Maxx, Marshalls, and HomeGoods, and appeals to a wide consumer base with varied product assortments at different price points and rapid inventory turnover. The company is scheduled to release its fiscal 2025 Q2 earnings results on Wednesday, Aug. 21.
Ahead of the event, analysts expect TJX to report a profit of $0.90 per share, up 5.9% from $0.85 per share in the year-ago quarter. The company has exceeded or met Wall Street’s EPS estimates in each of the last four quarters. TJX Companies EPS of $0.93 for the last reported quarter beat the consensus estimate by 6.9%.
Over the longer term, analysts expect TJX Companies to report an EPS of $4.09 in fiscal 2025, up 8.8% from $3.76 in fiscal year 2024. Moreover, its fiscal 2026 EPS is projected to rise 10% annually to $4.50.
Over the past 52 weeks, TJX stock has surged 29.6%, outperforming the broader S&P 500 Index's ($SPX) 19.2% gains and the Consumer Discretionary Select Sector SPDR Fund’s (XLY) 7.5% returns during the same period.
TJX has shown robust performance over the past year, driven by U.S. consumers' persistent bargain-hunting habits, even as inflation eases and discretionary spending rises.
Additionally, the stock surged marginally on Apr. 22 after the release of strong Q1 earnings results, which met analysts' expectations. The company's focus on delivering value and a treasure-hunt shopping experience led to sales growth across all divisions, driven by customer transactions.
The current consensus opinion on TJX Companies stock is “Strong Buy” overall. Out of 24 analysts covering the stock, 22 suggest a “Strong Buy,” and the remaining two advise a “Hold.” This consensus is slightly more bullish than three months ago when 21 analysts recommended a “Strong Buy” rating.
Furthermore, the average price target for TJX Companies is $115.63, indicating a potential upside of 2.7% from the current price levels.
On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
