TJX Stock Drops as TJ Maxx Owner Posts Downbeat Outlook on Tariffs Hit
1. TJX shares are down 2% in premarket trading after poor second-quarter guidance. 2. Tariffs negatively impact TJX's business outlook for Q2 FY2026. 3. First-quarter EPS exceeded estimates, but second-quarter forecasts lag. 4. TJX expects Q2 sales to rise by 2% to 3%. 5. Company maintains FY2026 projections of 2% to 3% sales increase.