On May 20, TJX Companies rose 4.53% in regular trading, trading at $158.22/share, with trading volume of $88.36 million.

On the news front, the company reported Q1 FY2027 results that significantly exceeded Wall Street expectations. EPS came in at $1.19 versus the FactSet consensus of $1.02, representing a 29% year-over-year increase from $0.92. Net sales reached $14.32 billion, topping the $14.02 billion estimate. Comparable store sales grew 6%, with pre-tax margin hitting 12.0%.

Based on the strong quarter, management raised full-year FY2027 guidance across all key metrics: comparable sales growth was lifted to 3%-4% from 2%-3%, full-year EPS was raised to $5.08-$5.15 from $4.93-$5.02, and the share buyback program was increased to $2.75-$3.0 billion. The company noted that elevated fuel costs for the remainder of the fiscal year may pressure margins. JPMorgan had previously raised its price target to $174 from $173, maintaining an Overweight rating.

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