Why Is TJX (TJX) Down 10.1% Since Last Earnings Report?
TJX Companies delivered strong Q2 fiscal 2027 results with adjusted EPS of $1.22 (beating $1.18 estimate) and 5% sales growth to $15.18B. The company raised full-year guidance and plans to accelerate store expansion to 4% growth starting fiscal 2028, targeting 7,500 total stores. However, shares have declined 10.1% since the earnings report, underperforming the S&P 500, with analyst estimates trending downward despite the positive results.