TJX Companies Fires on All Cylinders With 9% Revenue Growth

Summary

TJX Companies TodayTJXTJX Companies$159.13 +8.45 (+5.61%) As of 05/20/2026 03:59 PM Eastern This is a fair market value price provided by Massive. Learn more.52-Week Range$119.84▼$165.82Dividend Yield1.21%P/E Ratio32.61Price Target$169.25 TJX Companies' NYSE: TJX uptrend has limits, but they have yet to be reached. Accelerating business, dividends, and share buybacks suggest the uptrend will not only continue but may itself accelerate in the second half. The company decided to increase its share buyback, providing investors with confidence in the company's future business. As of the end of Q1, the company had bought back only 20% of its new fiscal-year 2027 (FY2027) goal, and the share count fell by 1% year-over-year (YOY) and year-to-date. That’s quite a bit of leverage for investors who have other reasons to own this stock.Get TJX Companies alerts:Sign Up TJX Companies Is in Demand: Consumer Trends Are Strong for This RetailerTJX Companies had a solid quarter, with business reflecting the strength of consumers and the headwinds they face. While inflationary pressures are capping strength for some retailers, consumers are flocking to off-price names, and TJX is the leader. It reported $14.32 billion in quarterly revenue, up more than 9% YOY and more than 200 basis points better than expected. Strength was seen in all segments, led by a 9% gain at HomeGoods, a 7% increase in Canada, and 6% gain in the core U.S. market. Comps, the indicator of organic strength, increased by 6% across the network, well ahead of management's forecast. The company’s deal quality and store traffic were reflected in the margin. TJX widened gross margin by 180 basis points (bps), pretax margin by 170 bps, and GAAP earnings by 2,900 bps, 1,900 bps better than MarketBeat’s reported consensus. Looking ahead, management expects the strengths to continue and raise guidance. The only problem is that Q2 and FY2027 guidance were slightly below market expectations, but that doesn't appear to be con...