TJX Earnings Explosion: Stock Soars on Stellar Q2 Results & Upgraded Guidance

Off-price retail giant TJX Companies just delivered a masterclass in retail execution—sending shares skyrocketing as both Q2 results and forward guidance smashed expectations.

Crushing the Consensus

Wall Street analysts scrambled to update models after TJX posted numbers that didn't just beat—they demolished forecasts. Same-store sales surged, margins expanded, and inventory turnover hit levels that would make Amazon blush.

Guidance Gets a Major Boost

Management didn't just stop at celebrating past performance—they raised full-year projections across every key metric. Because nothing says confidence like upgrading guidance while other retailers are cutting theirs.

The Off-Price Advantage

While traditional retailers struggle with bloated inventories and discount fatigue, TJX's treasure-hunt model keeps drawing crowds. Turns out consumers still love chasing bargains—especially when inflation makes every dollar count.

Street Reaction: Pure Euphoria

Analysts upgraded price targets across the board, with one notable bear throwing in the towel and admitting even they can't fight this momentum. Because nothing brings Wall Street together like a stock that makes everyone money.

As TJX prints another quarter of ridiculous numbers, it's almost enough to make you forget most hedge funds still can't beat the S&P—almost.

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TJX Companies reported revenue of $14.4 billion, another beat compared to analysts’ estimate of $14.13 billion. Revenue also increased 6.9% from the $13.47 billion reported in the same period of the year prior. CEO Ernie Herrman said, “Customer transactions were up at every division as we saw strong demand at each of our U.S. and international businesses.”

TJX Companies stock was up 3.86% on Wednesday, extending a 16.83% year-to-date rally and 11.97% increase over the past 12 months.

TJX Companies Guidance

TJX Companies also increased its full-year Fiscal 2026 outlook in its latest earnings report. The company now expects adjusted EPS between $4.52 and $4.57, compared to prior guidance of $4.34 to $4.43. For comparison, the low end of its new guidance is above Wall Street’s estimate of $4.51 per share.

TJX Companies also likely gained alongside trouble at rival retailer Target (TGT). While Target reported EPS and revenue that beat estimates, its sales dropped year-over-year. This has been an ongoing problem for the company. Additionally, Target announced the replacement of CEO Brian Cornell.

Is TJX Companies Stock a Buy, Sell, or Hold?

Turning to Wall Street, the analysts’ consensus rating for TJX Companies is Strong Buy, based on 17 Buy and a single Hold rating over the past three months. With that comes an average TJX stock price target of $144.82, representing a potential 3.57% upside for the shares. These ratings and price targets will likely change as analysts update their coverage after today’s earnings report.