TJX Doubles Down on Brick-and-Mortar with Major Manhattan Return

As TJX Companies prepares to release its upcoming quarterly earnings, the off-price retail giant is sending a powerful signal about its growth ambitions. The company is making a high-profile return to Manhattan with a new store, its first in New York City in over a decade. This strategic move, placing a flagship location directly opposite Macy’s, underscores a continued belief in physical retail even as the company eyes further international expansion.

The opening of a new, approximately 3,700-square-meter TJ Maxx at the Herald Towers represents a significant milestone. Management’s long-term vision includes potential for more than 1,800 additional stores worldwide, a target that highlights confidence in the off-price model’s global appeal.

This business model, which focuses on offering brand-name goods at reduced prices, has historically demonstrated resilience, even during challenging economic periods. While many traditional retailers contend with declining foot traffic, TJX continues to attract value-conscious shoppers actively seeking deals in apparel and home goods.

Investor Focus Shifts to Upcoming Earnings

Market attention is now firmly fixed on February 25, 2026, when TJX is scheduled to announce its results for the fourth fiscal quarter. The company has set a high bar following a strong previous quarter, which saw a 5% increase in comparable-store sales and an improvement in gross margin to 32.6%.

Should investors sell immediately? Or is it worth buying TJX?

Key Dates and Investor Considerations:

• Q4 FY2026 Earnings Release: February 25, 2026.
• International Growth: Planned market entry into Spain is set for Spring 2026.
• Shareholder Returns: A quarterly dividend was confirmed in December 2025, reinforcing the company’s consistent commitment to returning capital to investors.

Technical Market Perspective

TJX shares have advanced approximately 5.8% over the past seven trading sessions, bringing the stock closer to its 52-week high. However, with a current Relative Strength Index (RSI) reading of 71.3, the equity is technically in overbought territory. This suggests that near-term optimism ahead of the earnings report may have already priced in a significant portion of positive expectations.

The critical question for analysts is whether the momentum from the crucial holiday shopping season will be sufficient to sustain the positive margin trajectory. The February 25th report will reveal if the company’s profitability can support its ambitious expansion plans both in the U.S. and across Europe.