TJX raises global store target to 7,500 after Q2 beat

The TJX Companies, Inc. (NYSE: TJX ) stock traded lower Wednesday after the off-price retailer reported second-quarter fiscal 2027 results that beat Wall Street estimates. 17 billion analyst estimate. 19 estimate.

10 a year earlier. Comparable sales rose 4%, above the company's plan. Shares traded lower as investors weighed weaker-than-expected third-quarter earnings guidance against the second-quarter beats. 3%.

4%, helped by a higher merchandise margin. 11 billion, with comparable sales up 1%. 2%. 51 billion, while comparable sales climbed 7%.

4%. 47 billion, with comparable sales up 6%. 3%. 09 billion, while comparable sales rose 7%.

3%. Stores, Inventory And Cash TJX added 23 stores during the quarter, bringing its total to 5,285. 4% sequentially. 4 billion a year earlier.

Inventory per store increased 2% on a reported basis and 3% at constant currency. Foreign exchange reduced sales growth by 1 percentage point but added 1 cent to diluted earnings per share. 2 billion, while cash stood at $6 billion. 3 billion to shareholders through $798 million of share repurchases and $529 million of dividends.

87 billion. Tariff Refunds And Q3 Outlook TJX received $331 million in IEEPA tariff refunds and recorded $112 million in related compensation accruals. The items resulted in a $219 million pretax benefit and added 14 cents to diluted earnings per share. 4%.

34 analyst estimate at the midpoint and at the top end of the range. 15. 21 analyst estimate. 22 analyst estimate.

1% and maintained comparable sales growth guidance of 3% to 4%. The company plans to increase its store base by about 4% annually beginning in fiscal 2028. It also raised its long-term global store target to 7,500 locations. 60 at the time of publication Wednesday, according to Pro data.

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