North Miami Beach, Florida, T.J. Maxx & HomeGoods discount department store, furniture display and welcome sign.
Jeff Greenberg | Getty Images
TJX Companies posted a better-than-expected holiday quarter driven entirely by customer transactions, indicating the off-price giant is still taking market share from department stores and other discounters as price-conscious consumers hunt for deals.
The discounter behind T.J. Maxx, Marshall’s and Home Goods beat Wall Street’s expectations on the top and bottom lines, but it gave cautious guidance for the current fiscal year and current quarter.
For its fiscal 2026, TJX is planning for comparable sales to rise between 2% and 3%, below Wall Street expectations of up 3.4%, according to StreetAccount. Its fiscal 2026 earnings guidance of between $4.34 and $4.43 per share is well below estimates of $4.59 per share, according to LSEG, and its forecast for its current quarter also looks weaker than…
