TJX
The quarter was doing the heavy lifting
TJX came out swinging in its first quarter, posting earnings of $1.19 per share against expectations of $1.01 and revenue of $14.32 billion, which also cleared the Street’s $14.00 billion target. That’s not just a beat — that’s the kind of quarter that makes analysts start nudging their spreadsheets like, “well, fine, we’ll revise upward.”
Guidance got a little more swagger
Management raised its fiscal 2027 GAAP earnings outlook to $5.08 to $5.15 per share, up from a prior range of $4.93 to $5.02. For the second quarter, TJX guided to $1.15 to $1.17 per share, just a hair below the $1.18 analysts were modeling. In other words: the company is still confident, but Wall Street is trying to decide whether that confidence should come with a slightly bigger cookie.
The analysts showed up with gold stars
The post-earnings note parade also helped the story. BTIG kept a Buy rating and lifted its price target from $185 to $190, while Baird stayed at Outperform and bumped its target from $172 to $175. That’s a polite way of saying the quarter didn’t just look good — it made the bulls more comfortable sticking around.
Why you should care
Even with the stock down 1.4% to $157.06 on Thursday, TJX is doing what investors usually want from an off-price retailer: selling the treasure-hunt experience, growing revenue, and giving guidance that doesn’t sound like a panic siren. Big picture: if consumers keep hunting for deals, TJX keeps looking like one of the safer places to hide out in retail.