TJ Maxx parent company posts strong holiday, but issues weaker-than-expected guidance
1. TJX Companies reported better-than-expected holiday quarter earnings driven by transactions. 2. Sales growth guidance for fiscal 2026 is below Wall Street's expectations. 3. A strong U.S. dollar is anticipated to negatively affect earnings growth. 4. The company benefits from consumers seeking cheaper options amid inflation. 5. TJX is expanding internationally, entering Spain and investing in Brands for Less.