Ta🎐riffs haven’tꦺ touched the outlook at TJ Maxx and Marshalls. 

The TJX Companies (TJX), the parent company of the off-price stores, repeated the same full-year forecast it gave last quarter while 澳洲幸运5官方开奖结果体彩网:releasing its first🍌-quarter꧂ results on Wednesday. The company still expects comparable sales to grow 2% to 3% year-over-year in fiscal year 2026, giving investors $4.34 to $4.43 diluted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS), according to press releases.

The most recent outloo♈k assumes tariffs remain at their current levels, TJX said. (As of this writing, those are 10% on goods from many nations and 30% on imports from China.) Deficit-based tariffs𝔉 on many U.S. trade partners were not yet unveiled when TJX released its 2026 estimates in February.

“The Company’s full year Fiscal 2026 guidance assumes that it can offset the signi🦩ficant incremental pressure it has experien🌼ced and continues to expect from tariffs,” TJX said in its release Wednesday.

Tariffs, however, dented Target’s (TGT) forecast, the 澳洲幸运5官方开奖结果体彩网:retailer announced Wednesday. The company expects to end its 2025 fiscal year with sales down by a low, single-digit percent, rather than the net sales growth of about 1% announced in March. Target also moved down the range of adjusted EPS it expects to $7 to $9 from $8.80 to $9.80, according to press releases.

“This wider range reflects the expected impact of tariffs and heightened uncertainty regarding the economy and consumer spending,” CFO Jim Lee sa💜id on an earnings conference call, according to a transcript made avail𒊎able by AlphaSense. 

Raising prices “is the very last resort” Target will take to mitigate tariffs, which the company expects it can “offset the vast majority” of, CEO Brian Cornell said during the earnings call. Target is trying to avoid price increases by working with vendors, potentially shifting where some goods are produced and adjusting the assort☂ment of merchandise sold. 

Still, 🉐the shift in trade policy may weigh on consumers and depress demand for discretion🌜ary items, executives said.

"For several years now, we've seen pressure in our discretionary businesses, as spending adjusted down from elevated levels during the pandemic," Cornell said, according to the transcript.