Insights Into TJX (TJX) Q1: Wall Street Projections for Key Metrics

Core Viewpoint - TJX is expected to report quarterly earnings of $0.90 per share, a decline of 3.2% year-over-year, with revenues forecasted at $12.97 billion, reflecting a 3.9% increase compared to the previous year [1] Earnings Projections - Analysts have maintained the consensus EPS estimate for the quarter over the last 30 days, indicating a collective reevaluation of initial estimates [1][2] Key Metrics Estimates - Net Sales for Marmaxx are projected at $8.08 billion, a year-over-year increase of 4.3% [4] - Net Sales for TJX International are expected to reach $1.57 billion, reflecting a 2.4% increase from the prior year [4] - Net Sales for TJX Canada are estimated at $1.14 billion, indicating a 2.7% year-over-year change [4] - HomeGoods Net Sales are forecasted at $2.21 billion, representing a 6.3% increase from the previous year [5] Comparable Store Sales - Total Comparable Store Sales are expected to show a year-over-year change of 3.0%, consistent with the previous year's figure [5] - Comparable Store Sales for HomeGoods are projected to reach 4.2%, compared to 4% in the same quarter last year [6] - Comparable Store Sales for TJX Canada are estimated at 4.3%, slightly up from 4% in the prior year [6] Store Metrics - The consensus estimate for new stores stands at 30, up from 18 reported in the same quarter last year [7] - The total number of stores is projected at 5,115, compared to 4,972 in the same quarter of the previous year [7] - The number of T.J. Maxx stores in the U.S. is expected to reach 1,338, slightly up from 1,322 last year [7] Recent Performance - TJX shares have increased by 4.3% over the past month, while the Zacks S&P 500 composite has risen by 9.8% [8] - With a Zacks Rank of 2 (Buy), TJX is anticipated to outperform the overall market in the near term [9]