TJX raises annual sales, profit forecasts - BNN Bloomberg
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Article Excerpt
TJX raised its annual comparable sales and profit forecasts on Wednesday, banking on resilient demand at its off-price retail stores as budget-conscious consumers increasingly shop for deals amid economic uncertainties. Shares of the Framingham, Massachusetts-based company rose 3.6 per cent in premarket trading after it also raised its share buyback target to a range of uS$2.75 billion to US$3.0 billion, from US$2.50 billion to US$2.75 billion earlier. However, the discount retailer joined other companies in flagging an impact on its profits from elevated fuel costs over the past few months du…
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Jun 3, 2026