The TJX Companies is trading at $144.72 (-4.07%) after investors focused on weaker-than-expected third-quarter adjusted EPS guidance of $1.30–$1.32, despite a second-quarter earnings beat.
- Second-quarter adjusted EPS was $1.22 versus $1.19 expected, while comparable sales increased 4%.
- Management raised full-year adjusted EPS guidance to $5.15–$5.20, but near-term margin concerns drove the selloff.
- Broader markets were modestly higher, reinforcing the company-specific reaction.