Core Insights - TJX is expected to report quarterly earnings of $1.38 per share, reflecting a 12.2% increase year-over-year, with revenues projected at $17.4 billion, a 6.4% increase from the previous year [1] Earnings Estimates - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock performance [2] Key Metrics Projections - Analysts estimate 'Net Sales- Marmaxx' to reach $10.46 billion, indicating a year-over-year change of +4.9% [4] - 'Net Sales- TJX International' is projected at $2.33 billion, reflecting a +12.1% change from the prior-year quarter [4] - 'Net Sales- TJX Canada' is expected to be $1.52 billion, showing a +5.2% year-over-year change [4] - The consensus estimate for 'Net Sales- HomeGoods' stands at $2.99 billion, indicating a +5% change from the year-ago quarter [5] Comparable Store Sales - 'Comparable store sales (YoY change) - Total' is expected to be 3.1%, down from 5.0% in the previous year [5] - 'Comparable store sales (YoY change) - HomeGoods' is projected at 3.0%, compared to 5.0% last year [5] - 'Comparable store sales (YoY change) - Marmaxx' is estimated at 3.6%, down from 4.0% in the same quarter last year [6] - 'Comparable Store Sales - TJX Canada - YoY change' is projected at 1.5%, significantly lower than the 10.0% reported in the same quarter of the previous year [6] - 'Comparable Store sales- TJX International (Europe & Australia)' is expected to be 2.5%, down from 7.0% in the same quarter last year [7] Stock Performance - TJX shares have returned +2% over the past month, outperforming the Zacks S&P 500 composite, which saw a -0.8% change [7] - With a Zacks Rank 2 (Buy), TJX is anticipated to outperform the overall market in the near future [7]