TJX Companies stock holds near highs as HomeGoods comps jump 7 percent

TJX Companies stock is trading close to its recent high as investors digest strong same-store sales growth at HomeGoods and rising earnings estimates for fiscal 2027 and 2028.

TJX Companies stock (ISIN US8725401090) is trading close to its recent high after closing at 133.27 USD on September 1, 2026, according to data from MarketWatch. As of September 1, 2026, the stock finished the regular session down 0.48% but remains in sight of its 52-week peak, while investors focus on robust same-store sales and earnings momentum.

HomeGoods drives comparable sales growth

Recent commentary highlights that comparable sales at TJX Companies' HomeGoods chain grew 7% in the latest reported period, underlining the strength of the off-price home furnishings concept, as reported by an analysis carried by Zacks. In the same discussion, analysts noted that this outpaced broader industry trends, signaling that TJX continues to gain share in home-related discretionary spending.

According to the same Zacks-based overview, shares of TJX Companies declined about 15% over the past month compared with a roughly 4.6% decline for the wider retail industry, creating a noticeable performance gap despite the solid HomeGoods comp gain. For investors, the combination of a short-term pullback and double-digit comparable sales growth in a key banner sets up an interesting risk-reward profile as the company moves through the second half of its fiscal year.

Earnings estimates and valuation watch

Analyst estimates compiled in the Zacks commentary show that the consensus for TJX Companies' earnings per share in fiscal 2027 has edged up by 0.01 USD to 5.21 USD over the past seven days, while the fiscal 2028 consensus has also increased by 0.01 USD to 5.73 USD. These upward revisions, though modest in absolute terms, indicate that analysts are nudging expectations higher even after the recent share price weakness.

Set against the closing price of 133.27 USD on September 1, 2026, the updated fiscal 2027 earnings consensus of 5.21 USD implies that TJX stock is trading at a forward price-to-earnings multiple of about 25.6 on that year’s estimate. Compared with many traditional department store peers that often trade at lower multiples, this premium suggests that the market is willing to pay up for TJX Companies' off-price model, diversified banners and consistent cash generation.

Business model and key banners

TJX Companies operates several major off-price retail banners, including T.J. Maxx, Marshalls, HomeGoods and Winners, offering branded apparel and home goods at discounted prices relative to traditional department stores. The HomeGoods chain, which recently delivered a 7% comparable sales increase in the latest reported period, plays a significant role in the group’s growth, particularly in home decor, furniture and seasonal merchandise.

While detailed segment figures from the latest quarter are not provided in the same-day sources, TJX Companies' strategy continues to center on flexible buying, rapid inventory turns and opportunistic sourcing from brand owners and retailers. This model allows the company to react quickly to changing consumer preferences and macro conditions, supporting steady traffic even when discretionary spending is under pressure.

TJX Companies stock at a glance

Based on MarketWatch data as of the close on September 1, 2026, TJX Companies stock ended the session at 133.27 USD on the New York Stock Exchange, with a marginal after-hours uptick to 133.49 USD. The same snapshot shows that the stock slipped 0.48% during the regular session, a comparatively small move given the recent 15% slide over the prior month cited in the Zacks-based analysis.

For investors monitoring entry points, the current price region keeps TJX Companies stock not far from its recent 52-week highs, indicating that the market still assigns a quality premium to the off-price retailer despite recent volatility. How quickly comparable sales growth and incremental earnings upgrades can translate into renewed price momentum will be a key theme as the company approaches its next earnings update.

TJX Companies stock facts

• Company: TJX Companies Inc.
• ISIN: US8725401090
• Ticker: TJX
• Trading venue: NYSE
• Price (as of September 1, 2026, 19:47): 133.27 USD
• Sector / Industry: Consumer Discretionary / Specialty Retail
• Index membership: S&P 500