The earnings call reflected a generally positive outlook with strong sales growth and earnings per share exceeding expectations. However, there were notable challenges including gross margin declines, increased SG&A, and tariff pressures. Despite these challenges, the company's strong start to the second quarter and positive international performance contribute to a balanced sentiment.

Company Guidance -

Q2 2026

During The TJX Companies' first quarter fiscal 2026 conference call, the company reported a 3% increase in comparable sales, driven by a rise in customer transactions across all divisions. They achieved a pretax profit margin of 10.3% and diluted earnings per share of $0.92, both exceeding expectations. The HomeGoods division saw a 4% comp sales growth with a 10.2% segment profit margin, while TJX Canada and TJX International reported comp sales increases of 5%, with varying impacts from foreign exchange rates. Inventory levels were up 15%, and the company maintained its full-year guidance, anticipating 2% to 3% comp sales growth and diluted EPS between $4.34 and $4.43. The second quarter is off to a strong start, with anticipated comp sales growth of 2% to 3% and diluted EPS of $0.97 to $1. TJX emphasized its strong value proposition, experienced leadership, and flexible business model as key drivers for continued success amid tariff and macroeconomic challenges.

Positive Comp Sales Growth

Overall, comp sales grew 3% at the high-end of the plan, driven by an increase in customer transactions across all divisions, both in the U.S. and internationally.

Earnings Per Share Above Expectations

Diluted earnings per share of $0.92 were above expectations, contributing to positive financial performance for the quarter.

Strong Performance in HomeGoods Division

The HomeGoods division delivered a comp sales growth of 4% with segment profit margin up 70 basis points versus last year.

International Growth

Comp sales increased 5% at TJX International with continued strength in Europe and outstanding sales in Australia.

Strong Start to Second Quarter

The second quarter is off to a strong start, with initiatives planned to drive further sales and traffic.

TJX Companies (TJX) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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TJX Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 20, 2025	2026 (Q2)	1.01 / -	0.96	―	―	―
May 21, 2025	2026 (Q1)	0.92 / 0.92	0.93	-1.08% (-0.01)	―
Feb 26, 2025	2025 (Q4)	1.16 / 1.23	1.22	0.82% (+0.01)	―
Nov 20, 2024	2025 (Q3)	1.09 / 1.14	1.03	10.68% (+0.11)	―
Aug 21, 2024	2025 (Q2)	0.92 / 0.96	0.85	12.94% (+0.11)	―
May 22, 2024	2025 (Q1)	0.88 / 0.93	0.76	22.37% (+0.17)	―
Feb 28, 2024	2024 (Q4)	1.12 / 1.22	0.89	37.08% (+0.33)	―
Nov 15, 2023	2024 (Q3)	0.99 / 1.03	0.86	19.77% (+0.17)	―
Aug 16, 2023	2024 (Q2)	0.77 / 0.85	0.69	23.19% (+0.16)	―
May 17, 2023	2024 (Q1)	0.72 / 0.76	0.68	11.76% (+0.08)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TJX Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 21, 2025	$134.93	$131.03	-2.89%
Feb 26, 2025	$122.30	$124.48	+1.78%
Nov 20, 2024	$118.81	$118.99	+0.15%
Aug 21, 2024	$112.25	$119.11	+6.11%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.