Summary
TJX Companies, Inc. (TJX) reported a solid performance for the fiscal year ended January 31, 2026, with net sales increasing by 7% to $60.4 billion and diluted earnings per share rising to $4.87 from $4.26 in the prior year. The company demonstrated effective cost management, with improvements in both its cost of sales and SG&A expense ratios, contributing to a pre-tax profit margin of 12.1%. This growth was supported by a 5% increase in consolidated comparable store sales, driven by higher average baskets and increased customer transactions across its diverse portfolio of off-price retail banners. TJX continues to execute its global growth strategy, expanding its store footprint by approximately 3% and actively returning capital to shareholders through share repurchases and dividends, totaling $4.3 billion in fiscal 2026. The company's flexible business model, characterized by opportunistic buying and efficient inventory management, continues to be a key differentiator, allowing TJX to offer compelling value to a broad customer base. Despite ongoing macroeconomic uncertainties, including global economic conditions and tariff volatilities, TJX has demonstrated resilience. The company has also benefited from a significant litigation settlement related to credit card interchange fees, which provided a net boost to earnings and efficiency. Looking ahead, TJX plans further store expansion and capital expenditures to support its growth initiatives, underscoring its commitment to long-term value creation for its shareholders.
Financial Highlights
27 data points| Revenue | $60.37B |
| Cost of Revenue | $41.68B |
| Gross Profit | $18.69B |
| SG&A Expenses | $11.52B |
| Interest Expense | $79.00M |
| Net Income | $5.49B |
| EPS (Basic) | $4.93 |
| EPS (Diluted) | $4.87 |
| Shares Outstanding (Basic) | 1.11B |
| Shares Outstanding (Diluted) | 1.13B |
Key Highlights
- 1Net sales increased 7% to $60.4 billion, driven by a 5% increase in consolidated comparable store sales.
- 2Diluted earnings per share grew to $4.87 from $4.26 in the prior fiscal year.
- 3Pre-tax profit margin improved to 12.1% from 11.5%, reflecting effective cost management.
- 4The company returned $4.3 billion to shareholders through share repurchases and dividends.
- 5Store count and selling square footage increased by approximately 3% year-over-year, indicating continued expansion.
- 6A significant litigation settlement related to credit card interchange fees provided a net benefit to SG&A expenses and EPS.
- 7TJX continues to benefit from its off-price model, opportunistic buying, and flexible business operations.