TJX COMPANIES INC /DE/ (TJX) Earnings History

TJX COMPANIES INC /DE/ - Q4 FY2026 EarningsBeat

Filed at: Feb 25, 2026, 9:11 AM EST|Read from source

EXECUTIVE SUMMARY

TJX Companies reported strong Q4 and full-year FY26 results, exceeding internal plans with significant growth in comparable sales, pretax profit margin, and diluted EPS. The company achieved a major milestone by surpassing $60 billion in annual sales and demonstrated consistent performance across all divisions, positioning itself well for continued market share growth.

POSITIVE HIGHLIGHTS

  • •

    Q4 consolidated comparable sales increased 5%, well above plan.

    positive
  • •

    Full year FY26 consolidated comparable sales increased 5%, above plan.

    positive
  • •

    Q4 diluted EPS of $1.58, up 28% YoY.

    positive
  • •

    Full year FY26 diluted EPS of $4.87, up 14% YoY.

    positive
  • •

    Returned $4.3 billion to shareholders in FY26 through share repurchases and dividends.

    positive

CONCERNS & RISKS

  • •

    Consolidated inventories on a per-store basis were up 10% on a reported basis and up 8% on a constant currency basis versus last year.

    attention
  • •

    Net interest income negatively impacted pretax profit margin by 0.1 percentage point versus the prior year for both Q4 and full year.

    attention
  • •

    TJX International segment profit margin was 8.4% in Q4 FY26, up from 7.0% in Q4 FY25, but adjusted for foreign currency and settlement impacts, the margin was 9.7% vs 7.3% prior year.

    attention

FINANCIAL METRICS

Revenue
Quarterly
$17.74B
+8.5%
Prior year: $16.35B
Annual (YTD)
$60.37B
N/A
Prior year: $56.36B
Net Income
Quarterly
$1.77B
+26.8%
Prior year: $1.40B
Annual (YTD)
$5.49B
N/A
Prior year: $4.86B
EPS (Diluted)
Quarterly
$1.58
+28.5%
Prior year: $1.23
Operating Income
Quarterly
N/A
N/A
EPS (Basic)
Quarterly
N/A
N/A

MARGIN ANALYSIS

Gross Margin
Current Quarter
30.9%
Prior Year
30.5%
YoY Change
+40 bps

Margin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.

REVENUE BY SEGMENT — Q4 FY2026 2026

VISUAL OVERVIEW

|
Marmaxx (U.S.)
0.0%
N/A
HomeGoods (U.S.)
0.0%
N/A
TJX Canada
0.0%
N/A
CC: +9.0%
TJX International (Europe & Australia)
0.0%
N/A
CC: +6.0%

DETAILED BREAKDOWN

|
SegmentCurrentPrior YrYoY% TotalCC
Marmaxx (U.S.)
N/A————
HomeGoods (U.S.)
N/A————
TJX Canada
N/A———+9.0%
TJX International (Europe & Australia)
N/A———+6.0%
Total Revenue$0.00M——100.0%—

Segment performance shows business unit health and growth drivers. Constant currency (CC) removes FX impact for like-for-like comparison.

MANAGEMENT GUIDANCE

FY2027

revenue
"consolidated comparable sales to be up 2% to 3%"
pretax profit margin
11.7%—11.8%
Mid-point: 11.8%
diluted earnings per share
$4.93—$5.02
Mid-point: $4.97

Q1 2027

revenue
"consolidated comparable sales to be up 2% to 3%"
pretax profit margin
10.3%—10.4%
Mid-point: 10.4%
diluted earnings per share
$0.97—$0.99
Mid-point: $0.98

Forward-looking guidance is subject to change and does not constitute a guarantee. Actual results may differ materially from these estimates.

SPECIAL ITEMS & ADJUSTMENTS

Q4 FY2026
Net benefit from litigation settlement related to credit card interchange fees and related expenses.
Includes a litigation settlement gain of $470 million and non-recurring settlement-related expenses of $249 million.
+$221M
$0.15 per share
FY2026
Net benefit from litigation settlement related to credit card interchange fees and related expenses.
Includes a litigation settlement gain of $470 million and non-recurring settlement-related expenses of $249 million.
+$221M
$0.14 per share
Total Impact
+$442M$0.29 per share

Special items are non-recurring events that may distort period-over-period comparisons. Analysts typically adjust for these when calculating normalized earnings.

MANAGEMENT COMMENTARY

Excellent performance in 2025 with above-plan results on both top- and bottom-line.

— TJX COMPANIES INC /DE/, Q4 FY2026 2026 Earnings Call

Annual sales surpassed $60 billion, a major milestone.

— TJX COMPANIES INC /DE/, Q4 FY2026 2026 Earnings Call

Strong and consistent sales performance across all divisions, each delivering comp sales growth of 4% or better for the year.

— TJX COMPANIES INC /DE/, Q4 FY2026 2026 Earnings Call

Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.

OPERATIONAL METRICS

Inventory Per Store Pct Increase
10
Stores
5.2K
+2.5% YoY
Prior year: 5.1K

Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.

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