Companies /Consumer Cyclical

TJX Companies Inc

NYSE: TJX Apparel Retail
$135.25
▼ $1.59 (−1.16%) today
Markets open · 2:03pm ET

Q4 2026 Earnings

Reported Feb 25, 2026, 9:11am ET · SEC source
$1.43
Beat +3.44%
EPS · est. $1.38
$17.7B
Beat +2.12%
Revenue · est. $17.4B
+8.1%
Beating market
TJX vs S&P since report
6 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
0+2%+4%Feb 25Feb 26report 9:11am ETearnings−0.2%+1.9%
0+2%+4%Feb 25Feb 26earnings−0.2%+1.9%
TJX +1.9%S&P 500 −0.2%
0+2%+4%Feb 25Feb 26report 9:11am ETearnings−0.4%+1.9%
0+2%+4%Feb 25Feb 26earnings−0.4%+1.9%
TJX +1.9%NASDAQ −0.4%
−2%0Feb 24Mar 5report 9:11am ETearnings−1.3%−0.3%
−2%0Feb 24Mar 5earnings−1.3%−0.3%
TJX −0.3%S&P 500 −1.3%
−2%0Feb 24Mar 5report 9:11am ETearnings−0.9%−0.3%
−2%0Feb 24Mar 5earnings−0.9%−0.3%
TJX −0.3%NASDAQ −0.9%
−1.17%
Day of report
+1.84%
Next session
+3.79%
One week
−0.45%
30 days

S&P 500 over the same 30 days: −8.52%.

Did TJX Beat Earnings? Q4 2026 Results

TJX Companies capped fiscal 2026 with a broad-based beat in Q4, posting adjusted EPS of $1.43 against a consensus estimate of $1.39 — a 2.88% beat — while revenue climbed 8.5% year-over-year to $17.74 billion, topping the $17.38 billion Wall Street had expected. The standout driver was a 5% consolidated comparable sales gain that exceeded management's own plan, fueled by strength across all four divisions — HomeGoods led at +6%, followed by TJX Canada at +7%, Marmaxx at +5%, and TJX International at +4% — while lower-than-expected inventory shrink expense added meaningful margin tailwind. The quarter also marked TJX's first full fiscal year above $60 billion in annual revenue, a milestone CEO Ernie Herrman called a major achievement. The company's <a href="https://247wallst.com/investing/2026/02/25/lowes-stumbles-on-weak-guidance-while-tjx-climbs-on-broad-off-price-beat/">broad off-price beat</a> extended into the outlook, with management guiding FY2027 EPS of $4.93 to $5.02 on comparable sales growth of 2% to 3%, and announcing a 13% dividend increase alongside a new $3 billion buyback authorization.

Key Takeaways
  • Consolidated comparable sales growth of 5% in Q4, well above plan
  • Higher merchandise margin and expense leverage on sales drove gross profit margin expansion
  • Lower than expected inventory shrink expense contributed to above-plan profitability
  • All four divisions delivered comp sales growth of 4% or better for the full year
  • HomeGoods led Q4 comp sales at +6%, TJX Canada at +7%

“I am extremely pleased with our excellent performance in 2025! Thanks to the collective efforts and sharp execution of our teams, we delivered above-plan results on both the top- and bottom-line. Annual sales surpassed $60 billion, marking a major milestone for our Company!”

TJX Companies CEO, on the earnings call

Forward Guidance & Outlook

For Q1 FY2027, TJX plans consolidated comparable sales growth of 2% to 3%, pretax profit margin in the range of 10.3% to 10.4%, and diluted EPS of $0.97 to $0.99. For full year FY2027, the company plans consolidated comparable sales growth of 2% to 3%, pretax profit margin in the range of 11.7% to 11.8%, and diluted EPS of $4.93 to $5.02. The company intends to increase its quarterly dividend by 13% to $0.48 per share and repurchase approximately $2.50 to $2.75 billion of stock in FY2027. CEO Herrman noted that Q1 is off to a strong start and merchandise availability continues to be outstanding.

TJX YoY Financials

Q4 2026 vs Q4 2025 · SEC filings Q4 2025 Q4 2026
$0$5.0B$10.0B$15.0B$16.3B$17.7BRevenue$5.0B$5.5BGross Profit$1.8B$2.4BOperating Income$1.4B$1.8BNet Income
$0$5.0B$10.0B$15.0BRevenueGross ProfitOperating IncomeNet Income

TJX Revenue by Segment

Marmaxx$10.7B+7.0%
HomeGoods$3.1B+8.0%
TJX International$2.4B+15.0%
TJX Canada$1.6B+11.0%

TJX Revenue by Geography

United States
Canada

Figures from SEC filings and company reports. Not investment advice.