TJX Analysts Raise Their Forecasts Following Better-Than-Expected Q1 Results

TJX Companies, Inc. (NYSE: TJX ) on Wednesday reported first-quarter results that topped Wall Street expectations and raised its full-year earnings outlook . The company reported first-quarter earnings of $1.19 per share, exceeding the analyst consensus estimate of $1.01. Revenue rose 9% year over year to $14.32 billion, above Wall Street expectations of $14.00 billion. TJX raised its fiscal 2027 GAAP earnings guidance to a range of $5.08 to $5.15 per share, up from its prior forecast of $4.93 to $5.02 per share. Analysts were expecting $5.13 per share. For the second quarter of fiscal 2027, the company expects GAAP earnings of $1.15 to $1.17 per share, compared with analyst estimates of $1.18 per share. Ernie Herrman, Chief Executive Officer and President ... Full story available on Benzinga.com