TJX · News · 20261103N

Competition and Market Position

TJX COMPANIES INC /DE/ · 2026-11-03 · Importance 22 · Surprise 32

UBS cited Ross Stores’ plan to improve store productivity through merchandise, operations, and marketing initiatives. The plan is intended to narrow Ross’s productivity gap with TJ Maxx, positioning TJX’s banner as a competitor benchmark. UBS forecast Ross revenue growth of 8.5% annually over the next two years, above consensus expectations.

Key facts

• TJX closed at $137.63, down 2.39% from the prior day, while the S&P 500 gained 0.37%. source
• Before November 3, TJX shares had gained 4.9%, compared with a 6.26% gain for the Retail-Wholesale sector and a 2.29% loss for the S&P 500. source
• UBS said Ross Stores' strategy aims to close its productivity gap with TJ Maxx. source