BUZZ-TJX shares drop after weak annual sales and profit forecast** Shares of off-price retailer TJX Cos TJX.N down 1.3% at $155.50 premarket
** Co forecasts annual sales and profit below Wall Street estimates despite a quarterly results beat, signaling strained discretionary spending among budget-conscious consumers amid macroeconomic uncertainty
** Expects annual comparable sales to rise between 2% and 3%, compared to analysts' average estimate of a 3.5% growth- data compiled by LSEG
** Sees fiscal 2027 EPS between $4.93 and $5.02, compared to analysts' estimate of $5.18 per share
** Posts quarterly revenue of $17.74 billion vs estimates of $17.36 billion
** Stock rose 27% in 2025
(Reporting by Koyena Das in Bengaluru)
((koyena.das@thomsonreuters.com))
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