Analysis: The TJX Companies, Inc.

US:TJX

Why is The TJX Companies, Inc. stock rising?

  • TJX raised its long-term store-growth targets, adding 300 potential Marmaxx stores and 200 potential HomeGoods stores.
  • TJX expects additional TK Maxx openings in Spain after stronger-than-anticipated customer response.
  • Small-format stores are expected to expand TJX's reach into densely populated urban areas.
  • TJX raised fiscal 2027 adjusted EPS guidance to $5.15-$5.20.

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