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10-QPeriod: Q1 FY2026

TJX COMPANIES INC /DE/ Quarterly Report for Q1 Ended May 3, 2025

Filed May 30, 2025For Securities:TJX

Summary

The TJX Companies, Inc. reported net sales of $13.11 billion for the thirteen weeks ended May 3, 2025, an increase of 5% compared to the prior year period. This growth was driven by a 3% increase in comparable store sales, primarily due to higher customer transactions. Diluted earnings per share (EPS) were $0.92, a slight decrease from $0.93 in the prior year, impacted by an increase in the cost of sales ratio and selling, general, and administrative expense ratio. The company continues to return capital to shareholders, with $1 billion allocated to share repurchases and dividends in the quarter. TJX maintains a strong liquidity position with $4.26 billion in cash and cash equivalents and significant availability under its credit facilities.

Financial Statements
Beta

Key Highlights

  • 1Net sales increased 5% year-over-year to $13.11 billion.
  • 2Comparable store sales grew by 3%, driven by customer transactions.
  • 3Diluted EPS decreased slightly to $0.92 from $0.93 in the prior year.
  • 4Pre-tax profit margin declined to 10.3% from 11.1% due to increased cost of sales and SG&A expenses.
  • 5The company returned $1 billion to shareholders through share repurchases ($613 million) and dividends ($424 million).
  • 6Inventory levels increased by 7% on a consolidated average per store basis.
  • 7TJX has approximately $3 billion available for future share repurchases.

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