The TJ Maxx CEO Says Value-Conscious Holiday Shoppers Are Driving Sales

Core Insights - TJX shares have increased by approximately 20% in 2025, trading near all-time highs after better-than-expected quarterly results and an improved outlook [1][4] Financial Performance - The company reported earnings per share (EPS) of $1.28 for Q3, surpassing analysts' estimates [2] - Revenue rose by 7.5% year-over-year to $15.12 billion, also exceeding expectations [2] - Same-store sales increased by 5%, above company forecasts, with notable growth across divisions: 8% at HomeGoods, 8% at TJX Canada, 9% at TJX International, and 7% at Marmaxx [2] Market Positioning - CEO Ernie Herrman emphasized the strong results reflect the company's value proposition and the appealing shopping experience that attracts consumers globally [3] - The company is well-positioned as a gifting destination for value-conscious shoppers during the holiday season [4] Outlook - TJX has revised its full-year EPS forecast to a range of $4.63 to $4.66, up from the previous outlook of $4.52 to $4.57 [4] - The company anticipates same-store sales growth of 4%, an increase from the earlier expectation of 3% [4]