TJX raises full-year margin and EPS guidance after a strong Q2
As seen on the 24/7 Wall St. homepage on August 19, 2026.
With our strong second quarter profit results, we are raising our pretax profit margin and earnings per share outlook for the full year. Looking ahead, the third quarter is off to a strong start, and we are seeing improvement at our Marmaxx division to start the quarter. Availability of branded, quality merchandise continues to be outstanding, and we have many initiatives in place to drive sales and traffic in the upcoming fall and holiday shopping seasons.
Herrman raised guidance on both margin and EPS, betting the off-price merchandise pipeline holds through holiday, with the flagship Marmaxx division already improving in the current quarter. Watch whether that early Q3 momentum shows up in holiday comps.
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CEO Ernie Herrman raised the full-year pretax profit margin and earnings per share outlook after strong second quarter profit results.
The Marmaxx division, the largest segment, is already improving early in the third quarter, which gives the raised guidance real credibility.
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Herrman called the availability of branded, quality merchandise outstanding, the buying pipeline an off-price model runs on into fall and holiday.
Keep an eye on the stock into the next earnings report, when holiday comparable sales will show whether that momentum held.
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Mentioned: TJX