Categories: Business

TJ Maxx parent TJX raises annual profit forecast

Published by TSG Syndication

(Reuters) -TJX Cos raised annual profit forecast on Wednesday, anticipating that its broad sourcing strategy and seasonal inventory will attract bargain-hunting shoppers to its off-price stores. The TJ Maxx parent expects earnings per share for fiscal 2026 to be between $4.63 and $4.66, compared with its previous forecast of $4.52 to $4.57.  (Reporting by Chandni Shah in Bengaluru; Editing by Shilpi Majumdar) (The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
TSG Syndication
Published by TSG Syndication