TJX Companies (TJX)

NYSE:TJX

TJX

TJX Companies

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TJX Companies (TJX) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Aug 19, 2026

Before Open (Confirmed)

Period Ending

2027 (Q2)

Consensus EPS Forecast

1.19

Last Year’s EPS

1.1

Same Quarter Last Year

Analyst Consensus

Strong Buy

Based on 13 Analysts Ratings

Earnings Call Summary

Q1 2027

Earnings Call Date:May 20, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call was decisively positive: the company delivered a materially stronger-than-expected quarter with double-digit EPS growth, notable margin expansion, multi-division comp strength (Marmaxx +6%, HomeGoods +9%, Canada +7%, International +4%), raised full-year top-line and EPS guidance, increased buyback authorization, and emphasized strong inventory availability and expansion opportunities. Headwinds cited were limited in scale relative to the results — modest SG&A pressure from wages, exposure to fuel-price volatility (hedge assumptions), higher inventory levels, and geopolitical/ tariff uncertainties that management is monitoring but did not characterize as damaging to the overall outlook. On balance, highlights significantly outweigh the lowlights.

Company Guidance

Management raised its outlook after a strong Q1 and provided Q2 and full‑year guidance: Q2 comps +2% to +3%; consolidated sales $15.0–15.1B (+4%–5% YoY); pretax profit margin 11.4%–11.5% (flat to +10 bps vs last year’s 11.4%); gross margin 30.9%–31.0% (+20–30 bps vs last year’s 30.7%); SG&A 19.6% (10 bps unfavorable); net interest income assumed $28M (neutral to pretax); tax rate 24.9%; weighted average shares ≈1.12B; diluted EPS $1.15–$1.17 (+5%–6% vs $1.10). Full‑year: comps +3% to +4%; consolidated sales $63.2–63.7B (+5%–6%); pretax margin 11.9%–12.0% (+20–30 bps vs adjusted 11.7%); gross margin 31.2%–31.3% (+20–30 bps vs adjusted 31.0%); SG&A 19.5% (flat); net interest income ≈$122M (neutral); tax rate 24.7%; shares ≈1.12B; diluted EPS $5.08–$5.15 (+7%–9% vs adjusted $4.73). The company also increased FY‑2027 share buyback guidance to $2.75–3.0B after returning $1.1B to shareholders in Q1.

Strong Consolidated Q1 Results

Consolidated comparable sales +6% in Q1; diluted EPS $1.19, up 29% YoY; pretax profit margin 12.0%, up 170 basis points vs prior year; gross margin 31.3%, up 180 basis points.

Divisional Outperformance — Marmaxx

Marmaxx comp sales +6%; segment profit margin 14.7%, up 100 basis points; broad strength across apparel and home categories and across regions and income demographics.

Divisional Outperformance — HomeGoods

HomeGoods comp sales +9%; segment profit margin 12.9%, up 270 basis points; noted differentiated assortment and opportunity for further U.S. home market share gains.

Strong Canada and International Performance

TJX Canada comp sales +7% with segment profit margin up ~100 basis points on a constant currency basis; TJX International comp sales +4% and segment profit margin 4.7%, up 40 basis points; opened first store in Spain with strong customer response.

Merchandise Margin, Inventory and Availability

Merchandise margin was a primary driver of gross margin expansion; balance sheet inventory +8% (per-store inventory +7%) with management calling availability 'off the charts' and favorable vendor access.

Capital Return and Buyback Increase

Returned $1.1 billion to shareholders in Q1 via buybacks and dividends; increased fiscal 2027 share buyback guidance to $2.75 billion–$3.0 billion to allow opportunistic repurchases.

Raised Full-Year Guidance

Full-year consolidated sales guidance increased to $63.2B–$63.7B (up 5%–6% vs PY); full-year comp sales guidance raised to +3%–4%; full-year pretax profit margin guidance raised to 11.9%–12.0% (up 20–30 bps); FY diluted EPS raised to $5.08–$5.15 (up 7%–9% vs adjusted $4.73).

Q2 Outlook

Q2 comp sales planned +2%–3%; Q2 consolidated sales $15.0B–$15.1B (up 4%–5%); Q2 diluted EPS guidance $1.15–$1.17 (up 5%–6% YoY); Q2 gross margin expected 30.9%–31.0% (up 20–30 bps).

Operational and Strategic Execution

Company highlighted strong execution across buyers, allocation, store refresh/remodel program, digital/demographic marketing and international expansion runway (now in 10 countries and citing potential to add 1,700+ stores in existing countries).

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 19, 2026	2027 (Q2)	1.19 / -	1.1	―	―	―
May 20, 2026	2027 (Q1)	1.02 / 1.19	0.92	29.35% (+0.27)	―
Feb 25, 2026	2026 (Q4)	1.39 / 1.43	1.23	16.26% (+0.20)	―
Nov 01, 2025	2026 (Q3)	1.23 / 1.28	1.14	12.28% (+0.14)	―	―
Aug 20, 2025	2026 (Q2)	1.01 / 1.10	0.96	14.58% (+0.14)	―
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)	―

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 20, 2026	$150.68	$159.21	+5.66%
Feb 25, 2026	$157.15	$155.31	-1.17%
Aug 20, 2025	$133.42	$137.03	+2.71%
May 21, 2025	$133.30	$129.45	-2.89%

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.