TJX Stock Rallies 2.4% Pre-Market as Earnings Beat Expectations and Guidance Boosted

TJX Companies Inc. experienced a notable rally in its stock price following an earnings report that exceeded expectations. The company reported a 3% increase in comparable store sales, which was at the high end of its plan. This earnings beat has led TJX to boost its guidance for fiscal year 2025, specifically for pretax profit margin and earnings per share. Despite a miss in same-store sales and a downbeat outlook, the positive profit results have driven the stock up by 2.4% in pre-market trading. Sales were up at each store brand.