TK Maxx's parent company raises profit forecast 

The company expects annual earnings per share of $4.09 to $4.13, above earlier forecast of $4.03 to $4.09

TK Maxx's parent company TJX also owns Homesense and operates as TJ Maxx in the US. 

Off-price retailer TK Maxx’s parent company TJX raised its annual profit forecast after its latest financial results beat estimates, banking on gains from easing costs and strong demand for its affordable apparel and accessories.

Shares of the company were up about 5% in early trading.