TJX Companies Inc. shares fell 3.2% in premarket trading on Tuesday, pushing the stock to $146 after the off-price retailer reported better-than-expected quarterly results but issued a weaker-than-anticipated outlook for the current quarter.
The company posted adjusted earnings per share of $1.22 for the second quarter of fiscal 2027, exceeding the analyst consensus of $1.19. Revenue totaled $15.2 billion, slightly above the $15.19 billion expected. Consolidated comparable sales increased 4%, reflecting steady demand in the off-price retail segment.
Despite the positive financial performance, TJX’s guidance for the third quarter fell short of market expectations, triggering the premarket decline. The company provided a full-year fiscal 2027 EPS forecast in the range of $5.15 to $5.20. Options traders had anticipated a post-earnings move of about 5.1%, nearly double the company’s average reaction of 2.6% over the past eight quarters.
TJX operates a portfolio of off-price retail brands, including T.J. Maxx, Marshalls, and HomeGoods. The broader off-price retail sector has seen mixed performance, with peers such as Ross Stores and Burlington Stores highlighted as top picks by Evercore ISI. Broader equity benchmarks showed little movement, with the S&P 500 essentially flat, the Dow Jones marginally positive, and the Nasdaq modestly lower.
