TJX Cos. reported better-than-expected fourth-quarter earnings early Wednesday, but the parent of T.J. Maxx, Home Goods and Marshalls guided lower. TJX stock rose Wednesday, back above a key level and near buy points.
Before the open, TJX reported Q4 earnings of $1.23 a share, up 10% vs. a year earlier. That's the fourth straight quarter of decelerating growth. Revenue edged down 0.4% to $16.35 billion. Wall Street had expected TJX earnings of $1.17 on sales of roughly $16.24 billion. Same-store sales grew 5%.
For fiscal Q1 2026, TJX expects EPS of 87-89 cents vs. Wall Street targets of 99 cents. For fiscal 2026, TJX sees EPS of $4.34-4.43, up slightly vs. fiscal 2025's $4.26 but below consensus for $4.61. The off-price retailer also guided low on same-store sales and profit margins.
TJX also hiked its quarterly dividend by 13% to 42.5 cents a share.
TJX Stock
TJX stock rose 31.8.3% to 124.89 in Wednesday's stock market trading, back above the 50-day moving average. Shares have a 128 buy point from an 8%-deep flat base. The Feb. 6 high of 127.48 would offer a fractionally earlier entry.
The relative strength line has moved sideways since early 2023. That means TJX stock has largely tracked the performance of the S&P 500 index over that time.
TJX stock has a 21-day ATR of 1.5%. The average true range is a metric available on IBD's MarketSurge charting tool. It gauges the characteristic breadth of a stock's behavior. Stocks that tend to make large jumps or dives in daily action, the kind that can trigger sell rules and shake investors out of a stock, have a high ATR. Stocks that tend to make more incremental moves have lower ATRs
Please follow Ed Carson on Threads at @edcarson1971 and X/Twitter at @IBD_ECarson for stock market updates and more.
