The TJX Companies increased its fiscal year 2027 guidance. Management projects comparable sales growth between 3% and 4%. The company also raised its earnings per share expectations.
Recent quarterly earnings exceeded analyst estimates. These results triggered upward revisions for both the current and upcoming fiscal years.
TJX declared a quarterly dividend of $0.48 per share. Franklin Street Advisors reduced its position by 6.3%. Institutional and hedge fund ownership currently stands at 91.09%.