North Miami Beach, Florida, TJ Maxx & Homegoods discount department store, furniture display and welcome sign.
Jeff Greenberg | Getty Images
TJX Company The release of a more than expected holiday quarter driven entirely by customer transactions suggests that the low-price giant is still taking market share from department stores and other discounts as price-conscious consumers are looking for deals.
The discounts behind TJ Maxx, Marshall’s and Home Goods beat Wall Street’s expectations on the top and bottom line, but provide careful guidance for guidance in the current fiscal year and quarter.
According to StreetAccount, TJX’s 2026 plan saw comparable sales increase by 2% to 3%, lower than Wall Street’s forecast of 3.4%. According to LSEG, its fiscal 2026 earnings guide is between $4.34 and $4.43 per share, well below the estimate of $4.59 per share, and its current quarter forecast also looks weaker than expected.
TJX expects comparable sales to climb between 2% and 3%, lagging behind StreetAccount estimates, with earnings per share expected to be between 87 and 89 cents. According to LSEG, analysts are looking for 99 cents per share.
The company said in a press release that it expects earnings to grow by 3% in fiscal 2026, with strong dollar and adverse exchange rates expected.
According to an LSEG survey of analysts, how TJX performed in the fourth quarter of its fiscal 2025 compared to Wall Street expectations.
- Earnings per share: $1.23 vs. $1.16 Expected
- income: $16.35 billion vs. $16.2 billion expected
The company reported net income at the end of three months at $140 billion, or $1.23 per share, about the same period last year, compared with $140 billion, or $1.22 per share a year ago.
Sales were basically unchanged at $16.35 billion, compared with $16.41 billion in the same period last year. During the same period last year, TJX benefited from additional sales weeks that were not available in fiscal 2025.
The torture behind TJ Maxx, Marshall’s and Homegoods has been on a heavy growth path over the past few years as consumers look for cheaper options in the face of ongoing inflation, high interest rates and a continuing option Uncertain economic prospects.
Shoppers who have been to department stores Macy’s Department Store,,,,, Cole’s Even a inventory Target Hope to buy not only clothes, but also household items and other discretionary items they want, but are reluctant to pay the full price for it.
This trade effect has been a boon for TJX, and even as its growth begins to slow, it is one of a handful of retailers that will benefit from President Donald Trump’s tariff policies. Avoid high tariffs for imports from China and Potential Mexico and CanadaSome companies have been in stock and over-ordered delivery.
If they ultimately cannot be sold through that inventory and ultimately need to liquidate it in a low-priced channel, then this could be good for TJX, which has long benefited from disruptions and other “chaotic” in the supply chain, which is its chief executive Ernie Herrman Tell analysts in November When the company reports third-quarter earnings.
As TJX’s growth slows in the United States, the plate begins to expand overseas. It is a stake in a brand that is a low-priced store chain based in Dubai and plans to enter Spain early next year.
