12:43 PM EST, 11/19/2025 (MT Newswires) -- TJX (TJX) raised its full-year outlook Wednesday after the discount retailer's fiscal third-quarter results came in stronger than Wall Street's expectations.

The TJ Maxx and Marshalls parent now expects per-share earnings of $4.63 to $4.66 for fiscal 2026, higher than its prior guidance range of $4.52 to $4.57. Comparable sales are now projected to grow 4%, compared with the company's previous outlook of a 3% rise. Analysts polled by FactSet are looking for EPS of $4.60 and same-store sales growth of 3.4%.

For the quarter through Nov. 1, EPS rose to $1.28 from $1.14 a year earlier, ahead of the Street's views for $1.22. Net sales grew to $15.12 billion from $14.06 billion, while analysts expected $14.85 billion.

Comparable sales climbed 5%, surpassing the Street's 3.7% growth estimate, with the gain "driven by a combination of a higher average basket and an increase in customer transactions," Chief Financial Officer John Klinger said on an earnings conference call, according to a FactSet transcript. "We are very pleased with our mitigation strategies, which allowed us to offset all the tariff pressure we saw in the third quarter."

The company saw "strong" comp growth in both its apparel and home categories, Klinger told analysts. "We're excited about our growth plans in our existing countries and our planned entry into Spain this in the spring of 2026."

TJX shares were up 0.2% in Wednesday afternoon trade. The stock has jumped nearly 21% so far this year.

For the ongoing quarter, the company is projecting EPS of $1.33 to $1.36, while analysts are looking for $1.37. Comparable sales are seen growing 2% to 3%, compared with the Street's growth forecast of 3.1%.

The latest guidance assumes no change to current tariff levels for the rest of the year, and that the company will be able to continue to mitigate pressure from tariffs, TJX said Wednesday, largely echoing statements made earlier this year.

"The fourth quarter is off to a strong start, the availability of merchandise continues to be outstanding, and we are excited about the deals we are seeing in the marketplace," Chief Executive Ernie Herrman said Wednesday.

Price: 145.53, Change: -0.06, Percent Change: -0.04