How We Knew TJ Maxx Would Crush Earnings

Consumers may still be resilient, but what they’re looking for is deals… [TradeSmith Daily]( How We Knew TJ Maxx Would Crush Earnings Auto loan and credit card debt are clocking in at record highs, but to keep spending without the guilt, the U.S. consumer is eager to find a deal. That’s good news for TJX Companies Inc. (TJX), the owner of off-price retail chains T.J. Maxx, HomeGoods, and Marshalls, who recorded an analyst-topping quarter on Wednesday. Here’s The Wall Street Journal: Total sales came in at $14.52 billion, topping analyst expectations for $14.08 billion and its own guidance for up to $14.1 billion, according to FactSet. The company posted a profit of more than $1 billion, though earnings were one penny shy of analyst expectations at 89 cents a share. The Framingham, Mass.-based retailer, which also owns the off-price chains Marshalls and HomeGoods, said comparable sales at its U.S. clothing-oriented stores were up 7% during the quarter ended Jan. 28. TJX Companies expects positive momentum for same-store sales, projecting growth between 2% and 3% during the fiscal year, which ends next February. RECOMMENDED LINK [Introducing The Great $2 AI Moonshot]( There’s always room in our portfolio for a “moonshot” bet: you know, one of those lesser-known stocks trading for just a few bucks... but with the potential to skyrocket? Just a few months ago, two of the most accomplished and wealthiest men in America – Andy and Landon Swan – along with their team, saw [one tiny company]( riding the artificial intelligence wave before Wall Street had even caught on. And since they first flagged this “undercover” AI opportunity in March at just $1.20, its stock price has more than doubled. You can still grab shares for under $3. But not for long. [Get the details on this “moonshot” stock here]( For fans of generating income and shareholder-friendly moves, there’s more good news. Not only will the company boost its upcoming quarterly dividend by 13%, to roughly 33 cents a share… TJX also plans to repurchase between $2 billion and $2.5 billion of its own stock during the fiscal year. It’s a classic move to juice the price by reducing the supply of shares available in the public market. Here’s more from The Wall Street Journal on what’s ahead: “The tightening in consumer spending is expected to be a boon for TJX and other off-price retailers as customers, wary of a potential recession on the horizon, become more sensitive to higher prices and hunt for more bargains.” That’s the type of “good to know” information for future investing. But the thing is… What if you had access to invaluable information before it became public to set yourself up for a profitable trade? Well, thanks to our friends at [Derby City Insights]( you do. Derby City Insights uses LikeFolio’s analytic know-how to bring you the best moneymaking opportunities you’ll find. And it does this by tapping into the single-best slice of consumer sentiment: What real people are saying about products, services, brands, and trends that the big Wall Street investors haven’t discovered yet. Like they did with TJX. RECOMMENDED LINK [This new A.I. tech is a retirement game changer]( A brand-new A.I. algorithm recently came onto the scene that can predict stock prices one month into the future with astonishing accuracy. Imagine if you had this kind of predictive power. It could be a complete retirement game changer. [Click here to get the full story and to see what this algorithm is saying the price of AAPL, NVDA, TSLA will be one month from now](. Know Main Street’s Moves Before They’re Wall Street News Before TJX Companies reported earnings, [Earnings Season Pass]( subscribers were tipped off to a bullish opportunity on the company in their weekly [Earnings Scorecard](. The LikeFolio data spotted the social media buzz: Mentions of the company outperformed rivals, climbing 18% year-over-year: And not only were more people talking about TJX, the stores were near the top of the pack when it comes to Consumer Happiness levels, surpassing both Ross Stores Inc. (ROSS) and Kohl’s Corp. (KSS)… only slightly behind Burlington Stores Inc. (BURL). Purchase Intent mentions — the folks talking about spending their money or intending to spend their money at TJX Companies — surged 87% year-over year. Again, it’s good to know TJX Companies sees the value-shopping trend continuing after its quarterly report… but the members of [Earnings Season Pass]( didn’t have to wait for that confirmation… They knew it before everyone else — directly from TJX’s customers. [And so can you from now on.]( Enjoy your Friday, [Keith Kaplan]Keith Kaplan CEO, TradeSmith Get Instant Access Click to read these free reports and automatically sign up for research throughout the week. 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