TJX (TJX), the parent of T.J. Maxx, Marshalls and HomeGoods, reported first-quarter earnings that were better than expected, but revenue and EPS guidance fell short.

Estimates: A 4% increase in per-share profit on 4.5% revenue growth to 79 cents and $7.88 billion, respectively.

Results: EPS rose to 82 cents on revenue of $7.78 billion. Same-store sales rose 1%, below some estimates.

Outlook: TJX sees Q2 EPS of 81-83 cents vs. 84 cents a year earlier. Analysts had expected 92 cents. TJX sees full-year profit of $3.71-$3.78, up 5%-7%, also below views.

Stock: TJX shares sank 3% to 74.60 in morning trade on the stock market today after falling to a six-month low of 73.17 intraday. On May 10, TJX tried to break out of a consolidation resistance area. But shares have sold off since then in the wake of grim news from other retailers.

Its Relative Strength rating, a metric of performance against the S&P 500, is only a 38,…