TJX Reports Strong Q2 Sales Growth, Raises 2026 Earnings Forecast

TJX Companies reported strong second-quarter results with earnings per share of $1.10, surpassing analyst expectations by $0.09, and revenue growth of 6.9% year-over-year to $14.4 billion. The company experienced a 4% increase in same-store sales, reflecting robust consumer demand for off-price retail as shoppers seek value amid economic uncertainties. TJX raised its full-year earnings per share guidance to a range of $4.52 to $4.57, up from previous forecasts, signaling confidence in continued resilience despite anticipated tariff pressures. Operating and free cash flow margins remained steady or improved, supporting the positive outlook, while total store locations increased slightly from the prior year. Analysts maintain a generally positive stance with an average