What move does the options market price into TJX Companies's report?

Implied ±4.3%, either direction.

How often does TJX Companies move more than the options market prices?

2 of the last 8 reports moved at least as far as the implied move.

TJXNYSERetail-Family Clothing Stores

TJX Companies Inc (TJX) earnings date, market-implied expected move, and options open interest by expiry

140.31

Closed19:05 ET

Open142.32Volume4.8MMkt cap$154.3BP/E25.65EPS5.47Div yield1.29%

Day140.00 – 144.128%52-wk122.78 – 169.4738%

TJX

TJX Companies Inc

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±4.3%implied · report alone

8Q avg ±2.3%·×1.83·rich

134.31146.31

straddle ±5.5%

spot 140.31exp Nov 20ATM strike 140ATM straddle 9.15IV 34%

Oct 30 closereport share · term structure

Expected move

Inputs

Next report

Nov 18

before open · in 17 days

est.Q3 FY27

Calendar

Next report

Last report

−4.21%

vs ±3.3% implied · ×1.27

shaded = implied · ▲▼ = realized

Aug 19 '26 · confirmed

Implied vs realized

Largest filed tie

11.40%

of G-III Apparel Group revenue

supplierGIII 10-K

Supply chain

Largest filed tie

13F top-10 QoQ

−0.14%

shares held · 10 largest managers

13F · Jun 30 '26124d lag

2,762 managers

Top fund weight

3.92%

TJX weight · XLY

N-PORTJun 30 '26

11 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

TJX Companies (TJX) is expected to report on Nov 18 before open (estimated date).

Implied vs realized

8 reports

2 of 8≥ implied

avg implied: ±3.5%
avg realized: ±2.3%

Nov 20 '24Nov 20 '24confirmed±3.7%▲+0.15%×0.04

Feb 26 '25Feb 26 '25confirmed±3.9%▲+1.78%×0.45

May 21 '25May 21 '25confirmed±3.5%▼−2.89%×0.81

Aug 20 '25Aug 20 '25confirmed±3.8%▲+2.71%×0.72

Q3 FY26Nov 19 '25confirmed±3.2%▲+0.16%×0.05

Feb 25 '26Feb 25 '26confirmed±3.5%▼−1.17%×0.34

Q1 FY27May 20 '26confirmed±3.1%▲+5.66%×1.84

Q2 FY27Aug 19 '26confirmed±3.3%▼−4.21%×1.27

quarterimplied−10%0+10%realized×

Q2 FY27±3.3%▼−4.21%×1.27

Q1 FY27±3.1%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 9 expiries · Oct 27 close

0.85OI · 9 expiries · Oct 27 closeP/C open interest · Nov 20 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

2,060+157%Nov 65d0.722,844−1%0.72

716+17%Nov 1312d0.581,2400%0.58

report · Nov 18 · before open · est.

7,848+7%Nov 2019d9,265+6%

441+21950%Nov 2726d5.5879+690%5.58

19—Dec 433d1.2715+200%1.27

4 later expiries

12,3520%Dec 1847d0.8514,5140%0.85

14,094−4%Jan 1575d0.62

ExpiryPutsCallsP/C

Nov 65d2,060+157%2,844−1%0.72

Nov 1312d716+17%1,2400%0.58

report · Nov 18 · before open · est.

Nov 2019d7,848+7%

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±5.5%

Funds 4

XLY±0.2%

REVS±0.1%

VUG±0.0%

FTC±0.0%

Suppliers 4

CAL±5.6%×1.01

GIII±3.7%×0.66

AHRT±2.3%×0.41

Dashed = straddle · × = co-movement · max 500dMethod 2 more funds Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY27

10.01%as filednet margin · revenue +5.98% QoQ · +5.41% YoY

Revenue

$15.2B+5.98% QoQ

Gross profit

$5.1B+13.21% QoQ

33.41% margin

Operating income

$2.0B+17.85% QoQ

13.09% margin

Pre-tax income

$2.0B+17.26% QoQ

Net income

$1.5B+14.11% QoQ

10.01% margin

Cost of revenue

$10.1B+2.69% QoQ

Operating expenses

$3.1B+10.42% QoQ

Tax

$498M+28.02% QoQ

Other income

$31M−11.43% QoQ

Revenue$15.2B+5.98%

Gross profit

$5.1B+13.21%

33.41% margin

Operating income

$2.0B+17.85%

13.09% margin

Pre-tax income

$2.0B+17.26%

Net income

$1.5B+14.11%

10.01% margin

Cost of revenue

$10.1B+2.69%

Operating expenses

$3.1B+10.42%

Other income$31M−11.43%

Tax$498M+28.02%

flow · deduction · inflow · signed % = QoQSource: SEC filings · standardized · QE Aug 1 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 19:00 ET

Intraday

Event sensitivity

CPROF ×1.61· ±1.4% vs ±0.9% · 12 releases

eventrelease day|move|up · n×base

CPROFcorporate profits±1.4%4 of 12×1.61

PCEpersonal income & outlays±1.3%7 of 19×1.52

PPIproducer prices±1.2%7 of 10×1.36

GDPgross domestic product±1.1%7 of 19×1.30

CPIconsumer prices±0.9%4 of 10×1.08

NFPjobs report±0.9%2 of 10×1.04

FOMCrate decision±0.8%9 of 24×0.91

Bar = avg |move| to ±2% · tick = ±0.9% avg day · ×base = |move| ÷ ±0.9% · min 6 releases

Earnings history

EPS 1.36 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY27	Aug 19 '26 · confirmed	1.36	—
Q1 FY27	May 20 '26 · confirmed	1.19	—
Q3 FY26	Nov 19 '25 · confirmed	1.28	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod