Bond.az - TJX raised its annual comparable sales and profit forecasts on Wednesday, citing resilient demand at its off-price retail stores.
Shares of the Massachusetts-based company rose 3.6% in premarket trading. It also raised its share buyback target to $2.75-$3.0 billion.
However, the discount retailer flagged an impact on profits from elevated fuel costs due to the Iran war.
It now expects comparable store sales growth of 3-4% in fiscal 2027, up from 2-3% previously.
Annual earnings per share are forecast between $5.08 and $5.15.
