We're changing our price target on TJX despite the retailer's light guidance

The company's outlook was not overly concerning given its proclivity to under-promise and over-deliver.

TJX Companies delivered strong quarterly results before Wednesday's opening bell. While guidance was a bit below expectations, it was not overly concerning given the off-price retailer's proclivity to under-promise and over-deliver. Revenue during TJX's fiscal 2025 third quarter ended Nov. 2 rose 6% year-over-year to $14.06 billion, beating the LSEG-compiled consensus estimate of $13.95 billion. Adjusted earnings per share advanced 10.7% to $1.14, exceeding the EPS estimate of $1.

North Miami Beach, Florida, T.J. Maxx & HomeGoods discount department store, furniture display and welcome sign.delivered strong quarterly results before Wednesday's opening bell. While guidance was a bit below expectations, it was not overly concerning given the off-price retailer's proclivity to under-promise and over-deliver.

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