TJX Companies Inc NYSE:TJX Price, Chart, News & Insight

NYSE:TJX

TJX Stock Slips 0.8% Despite Q2 Earnings Beat and Higher Full-Year Guidance

TJX Companies (NYSE: TJX) shares fell about 0.8% on Wednesday after the off-price retailer reported stronger-than-planned fiscal second-quarter 2027 results and raised its full-year profit outlook.

The decline comes despite solid headline numbers, suggesting investors may be focusing on softer performance at the company’s core Marmaxx business and relatively cautious third-quarter comparable-sales guidance.

Q2 Sales Rise 5% as Earnings Outpace Expectations

TJX reported second-quarter net sales of $15.2 billion, up 5% from $14.4 billion a year earlier. Consolidated comparable sales increased 4%, above the company’s plan.

Diluted EPS climbed 24% year over year to $1.36. Excluding a $0.14 net benefit related to tariff refunds, adjusted EPS was $1.22, representing an 11% increase from the prior year. Net income reached $1.5 billion.

Profitability also improved. Adjusted pretax margin increased 50 basis points to 11.9%, while adjusted gross margin rose 70 basis points to 31.4%, helped by stronger merchandise margins.

Marmaxx Growth Lags Other TJX Businesses

One potential reason for the negative stock reaction is the performance of Marmaxx, TJX’s largest U.S. division, which includes TJ Maxx, Marshalls and Sierra.

Marmaxx comparable sales increased just 1%, compared with 3% a year earlier and below management’s expectations. By comparison, HomeGoods delivered 7% comparable-sales growth, while TJX Canada and TJX International grew 6% and 7%, respectively.

CEO Ernie Herrman acknowledged the weaker Marmaxx performance but said the division was showing improvement early in the third quarter.

TJX Raises FY27 Earnings Outlook

TJX raised its full-year adjusted pretax margin forecast to 12.0%-12.1% and increased its adjusted EPS outlook to $5.15-$5.20. The company continues to expect full-year comparable sales growth of 3%-4%.

However, TJX expects third-quarter comparable sales to increase only 2%-3%, representing a slowdown from Q2’s 4% growth. Adjusted EPS is projected at $1.30-$1.32.

That comparatively cautious near-term sales outlook, combined with weaker-than-expected Marmaxx performance, may be outweighing the earnings beat and higher full-year profit guidance in Wednesday’s trading.

TJX nevertheless remains positioned for longer-term expansion. The retailer plans to accelerate annual store growth to 4% beginning in fiscal 2028 and increased its long-term global store target from 7,000 to 7,500 locations.

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WS News 08-19-26

TJX Surges 4.7% as Off-Price Model Delivers Standout Quarter Across Every Metric

TJX Companies jumped 4.7% today after the off-price retail giant delivered a first quarter that beat its own guidance on every key measure and raised its full-year outlook, reinforcing its position as one of the most resilient business models in consumer retail.

Net sales for Q1 fiscal 2027 reached $14.3 billion, up 9% year over year. Consolidated comparable sales grew 6%, well above plan, with strength across every division — Marmaxx up 6%, HomeGoods up 9%, TJX Canada up 7% and TJX International up 4%. CEO Ernie Herrman highlighted that all divisions delivered increases in customer transactions, a particularly meaningful signal in a consumer environment marked by value-seeking behavior.

Pretax profit margin expanded a striking 170 basis points to 12.0%, driven by higher merchandise margins, favorable inventory and fuel hedges and expense leverage on above-plan sales. Gross margin improved 180 basis points to 31.3%. Diluted EPS came in at $1.19, up 29% from $0.92 a year ago and well above guidance. The company generated $1.1 billion in operating cash flow and ended the quarter with $5.6 billion in cash, returning the full $1.1 billion to shareholders through buybacks and dividends.

For the full year, TJX raised comparable sales growth guidance to 3% to 4%, pretax profit margin to 11.9% to 12.0% and diluted EPS to $5.08 to $5.15. The share repurchase range was lifted to $2.75 to $3.0 billion. The company noted it is not flowing through the full Q1 outperformance to the full-year outlook, prudently assuming higher fuel costs for the remainder of the year.

The 4.7% gain reflects a market that sees TJX's off-price model as uniquely well-positioned for the current environment — when consumers trade down due to economic uncertainty, they trade into TJX, and outstanding branded merchandise availability in a disrupted supply chain only adds to the advantage.

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WS Investor 05-20-26

The TJX Companies, Inc. (NYSE: TJX) today announced the declaration of a quarterly dividend on its common stock of $.425 per share payable September 4, 2025, to shareholders of record on August 14, 2025.

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The Investor 06-10-25

TJX Companies Reports Q1 FY26 Results: Beats Earnings Plan, Maintains Full-Year Guidance

The TJX Companies, Inc. (NYSE: TJX), the leading global off-price apparel and home fashions retailer, reported solid first quarter results for fiscal year 2026, driven by broad-based sales growth and strong customer traffic.

Key Q1 Highlights:
• Net sales: $13.1 billion, up 5% year-over-year
• Consolidated comparable sales: +3%, at the high end of TJX’s expectations
• Diluted EPS: $0.92, above company plan, compared to $0.93 in Q1 FY25
• Pretax profit margin: 10.3%, ahead of plan but down from 11.1% a year ago
• Net income: $1.0 billion
• Operating cash flow: $394 million
• Shareholder returns: $1.0 billion returned via $613 million in stock repurchases and $420 million in dividends

CEO Commentary:
CEO Ernie Herrman praised the strong quarter, noting comp sales growth across all geographies and divisions. He emphasized confidence in TJX’s off-price model and the company’s ability to gain market share globally. Herrman highlighted robust customer response, especially to value-oriented fashion and brand assortments, and said the second quarter was off to a “strong start.”
Sales Performance by Division (Comparable Sales YoY):
• Marmaxx (U.S.): +2%
• HomeGoods (U.S.): +4%
• TJX Canada: +5%
• TJX International (Europe & Australia): +5%

Sales Performance by Division (Net Sales):
• Marmaxx: $8.05 billion (+4%)
• HomeGoods: $2.25 billion (+8%)
• TJX Canada: $1.14 billion (+3%, +7% constant currency)
• TJX International: $1.66 billion (+8%, +7% constant currency)

Margins and Inventory:
• Gross margin fell 0.5 pts to 29.5%, primarily due to negative inventory hedge adjustments.
• SG&A increased to 19.4% of sales, slightly up from 19.2% last year.
• Inventory grew to $7.1 billion, up from $6.2 billion YoY, as TJX leveraged market availability to stock stores for spring/summer.

Outlook:
• Q2 FY26:
o Comp sales growth: +2% to +3%
o EPS: $0.97 to $1.00 (up 1%–4% YoY)
o Pretax profit margin: 10.4% to 10.5% (down from 10.9% YoY)
• Full-Year FY26:
o Comp sales growth: +2% to +3%
o EPS: $4.34 to $4.43 (up 2%–4% YoY)
o Pretax profit margin: 11.3% to 11.4% (vs. 11.5% in FY25)

Store Count:
TJX operated 5,121 stores as of May 3, 2025, with a 0.6% increase in square footage from the prior quarter. Growth included additions across the U.S., Canada, and Europe.
Balance Sheet Snapshot (as of May 3, 2025):
• Cash & equivalents: $4.26 billion
• Total assets: $31.9 billion
• Shareholders’ equity: $8.5 billion
• Long-term debt: $2.87 billion

TJX reaffirmed its commitment to stock repurchases, with $2.9 billion still authorized under its current buyback plan.

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The Investor 05-22-25

TJX Companies Updates Credit Facilities, Maintains $1.5 Billion Capacity

The TJX Companies, Inc. amended and restated two revolving credit facilities. The $500 million facility was extended to May 2029 and increased to $750 million. The $1 billion facility was extended to May 2030 but reduced to $750 million, with a lower interest rate margin aligned with the first facility. Despite these changes, total borrowing capacity remains at $1.5 billion. All other material terms remain unchanged.

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The Investor 05-10-25

The TJX Companies, Inc. reported strong financial results for the fourth quarter and fiscal year 2025, with sales and earnings exceeding expectations. Comparable store sales increased by 5% in Q4 and 4% for the full year, driven by higher customer transactions. Net sales for the fiscal year reached $56.4 billion, reflecting a 4% year-over-year increase. The company’s pretax profit margin was 11.6% for Q4 and 11.5% for the full year, benefiting from lower inventory shrink expenses.

Diluted earnings per share were $1.23 for Q4 and $4.26 for the full year, representing a 10% and 13% increase, respectively, compared to adjusted results from the previous year. TJX returned $4.1 billion to shareholders through dividends and share repurchases in FY25 and plans to repurchase $2.0 to $2.5 billion in stock in FY26. The company also expects to increase its dividend by 13%.

CEO Ernie Herrman highlighted the company’s strong performance, surpassing $56 billion in annual sales, achieving consistent sales growth across all divisions, and opening its 5,000th store. He attributed success to the company's off-price model, which continues to attract customers with brand-name merchandise at value prices. Looking ahead, TJX remains confident in its long-term growth opportunities and its ability to deliver value to consumers worldwide.

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WS Investor 02-26-25

The TJX Companies, Inc. has extended the employment agreements of CEO and President Ernie Herrman and Executive Chairman Carol Meyrowitz until January 29, 2028. Under the new terms, Meyrowitz will receive a minimum annual base salary of $1.1 million starting February 2, 2025. Additionally, Executive Advisor Scott Goldenberg’s contract has been extended through April 24, 2026.

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European Investor 02-03-25

08-19-26WS News

05-16-26The Investor

02-24-26WS News

01-22-26European Investor

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