With a market cap. of $158.1 billion, The TJX Companies, Inc. (TJX) is the world's leading off-price retailer of apparel and home fashions, offering quality brand-name and designer merchandise at prices generally 20% - 60% below comparable full-price retailers. It operates over 5,200 stores across ten countries under brands including TJ Maxx, Marshalls, HomeGoods, Homesense, Sierra, Winners, and TK Maxx, alongside e-commerce platforms and corporate responsibility initiatives supporting employees, communities, and the environment.
The Framingham, Massachusetts-based company is set to announce its fiscal Q3 2027 results before the market opens on Wednesday, Nov. 18. Analysts predict TJX to report an adjusted EPS of $1.33, up 3.9% from $1.28 in the year-ago quarter. It has surpassed Wall Street's earnings estimates in each of the last quarters.
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For fiscal 2027, analysts forecast the off-price retail company to post an adjusted EPS of $5.22, an increase of 10.4% from $4.73 in fiscal 2026.
Shares of TJX Companies have decreased 2.1% over the past 52 weeks, underperforming both the S&P 500 Index's ($SPX) 12.3% return. However, the stock has shown a less pronounced decline than the State Street Consumer Discretionary Select Sector SPDR ETF's (XLY) 4.2% decrease over the period.
TJX Companies shares fell 4.2% on Aug. 19 as a sharp slowdown at its largest division, Marmaxx, which includes TJ Maxx and Marshalls amid product-mix and inventory execution issues that left key basics and impulse-buy items missing from shelves. Although Q2 2027 net sales rose 5.4% to $15.18 billion and adjusted EPS increased 11% to $1.22, both narrowly beating estimates, investors were concerned about weaker U.S. apparel demand, cautious consumer spending, and competition from Ross Stores and Burlington Stores.
The outlook added pressure, as Q3 adjusted EPS of $1.30 - $1.32, excluding a 6-cent tariff-refund benefit fell short of analysts' estimate, and higher incentive and bonus costs could offset tariff savings, despite the company raising its fiscal 2027 EPS forecast to $5.31 - $5.36.
Analysts' consensus view on TJX stock is bullish, with a "Strong Buy" rating overall. Among 24 analysts covering the stock, 17 recommend "Strong Buy," one gives "Moderate Buy," and six indicate "Hold." This configuration is slightly less bullish than three months ago, with 18 analysts suggesting a "Strong Buy."
The average analyst price target is $170.49, suggesting a potential upside of 21.6% from current levels.
On the date of publication, Sohini Mondal 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. This article was originally published on Barchart.com
