Stay Ahead of the Game With TJX (TJX) Q2 Earnings: Wall Street's Insights on Key Metrics

Core Viewpoint - TJX is expected to report quarterly earnings of $1.01 per share, a 5.2% increase year-over-year, with revenues projected at $14.07 billion, reflecting a 4.5% year-over-year growth [1]. Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised down by 0.2%, indicating a reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue and Sales Projections - Analysts predict 'Net Sales- Marmaxx' will reach $8.79 billion, a 4.1% increase from the previous year [5]. - 'Net Sales- TJX International' is expected to be $1.76 billion, indicating a 5.1% year-over-year change [5]. - 'Net Sales- TJX Canada' is projected at $1.30 billion, reflecting a 4.6% increase year-over-year [5]. - 'Net Sales- HomeGoods' is estimated at $2.24 billion, a 6.5% increase from the year-ago quarter [6]. Comparable Store Sales - The consensus for 'Comparable store sales (YoY change) - Total' is 3.2%, down from 4.0% reported in the same quarter last year [6]. - For 'Comparable store sales (YoY change) - Marmaxx', the estimate is 2.5%, compared to 5.0% in the same quarter last year [7]. Store Expansion - Analysts forecast 41 new stores, up from 29 in the previous year [7]. - The total number of stores is expected to reach 5,162, compared to 5,001 a year ago [7]. - The number of stores for 'U.S. - T.J. Maxx' is projected at 1,343, compared to 1,326 last year [8]. - For 'U.S. - Marshalls', the estimate is 1,239, up from 1,204 in the previous year [8]. Market Performance - TJX shares have returned +8.8% over the past month, outperforming the Zacks S&P 500 composite's +3.3% change [9].