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TJX shares dip despite solid Q2 results and raised EPS guidance due to technical risks and premium valuation.

Analyst Insights
19 Aug 2026
Seeking Alpha
View Source
Neutral
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TJX Companies reported a solid Q2 with 5.4% revenue growth, 4% comparable sales increase, and adjusted EPS of $1.22 helped by tariff refunds. The company raised its full-year 2027 EPS guidance to $5.31–$5.36, expecting steady 10%–11% EPS growth. However, shares face technical challenges, trading below the 200-day moving average with key support at $145 and potential downside to $120, leading to a "Hold" rating due to premium valuation and rising technical risks.

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