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TJX CONTACT : Debra McConnell Global Communications ( 508 ) 390-2323 ● THE TIX COMPANIES , INC . ● THE TJX COMPANIES , INC . REPORTS ABOVE - PLAN Q2 FY22 SALES AND PROFIT RESULTS ; Q2 FY22 OVERALL OPEN - ONLY COMP STORE SALES INCREASED 20 % VERSUS Q2 FY20 ● NEWS RELEASE FOR IMMEDIATE RELEASE Wednesday , August 18 , 2021 Q2 FY22 overall open - only comp store sales increased 20 % over Q2 FY20 Q2 FY22 net sales were $ 12.1 billion , an increase of 23 % compared to Q2 FY20 Q2 FY22 total segment profit grew by $ 336 million to $ 1.5 billion , a 29 % increase compared to Q2 FY20 Q2 FY22 diluted earnings per share were $ .64 , which includes a debt extinguishment charge of $ .15 per share , compared to earnings per share of $ .62 in Q2 FY20 The Company estimates that temporary store closures for approximately 3 % of the second quarter , primarily stores in Canada , Europe , and Australia , negatively impacted Q2 FY22 sales by approximately $ 300 million to $ 350 million , pretax profit margin by an estimated 0.6 percentage points , and EPS by approximately $ .05 to $ .07 ( see below ) Returned $ 614 million to shareholders in the second quarter through share repurchases and dividends Increased range for expected full year FY22 share repurchases by $ 250 million to $ 1.25 billion to $ 1.50 billion Sales are very strong to start Q3 FY22 , with overall open - only comp store sales up mid - teens over Q3 FY20 Framingham , MA -- The TJX Companies , Inc. ( NYSE : TJX ) , the leading off - price apparel and home fashions retailer in the U.S. and worldwide , today announced sales and operating results for the second quarter ended July 31 , 2021. Net sales for the second quarter of Fiscal 2022 were $ 12.1 billion , an increase of 81 % versus the second quarter of Fiscal 2021 in which stores were closed for approximately 31 % of the quarter due to the COVID - 19 global pandemic ( see table below ) . Net sales for the second quarter of Fiscal 2022 increased 23 % versus the second quarter of Fiscal 2020. Overall open - only comp store sales ( defined below ) increased 20 % compared to the second quarter of Fiscal 2020. Net income for the second quarter was $ 786 million . Second quarter diluted earnings per share were $ .64 , which includes a debt extinguishment charge ( described below ) of $ .15 per share , versus $ .62 per share in the second quarter of Fiscal 2020. The Company estimates that temporary store closures for approximately 3 % of the second quarter negatively impacted earnings per share by about $ .05 to $ .07 , based on the Company's estimates of profit dollars on lost sales of approximately $ 300 million to $ 350 million ( see below ) . For the first half of Fiscal 2022 , net sales were $ 22.2 billion , an increase of 100 % versus the first half of Fiscal 2021 in which stores were closed for approximately 41 % of the first half of the year due to the COVID - 19 global pandemic ( see table below ) . Net sales for the first half of Fiscal 2022 increased 16 % versus the first half of Fiscal 2020 . Overall open - only comp store sales increased 18 % compared to the first half of Fiscal 2020. Net income for the first half of Fiscal 2022 was $ 1.3 billion . For the first half of Fiscal 2022 , diluted earnings per share were $ 1.08 , which includes a second quarter debt extinguishment charge of $ .15 per share . The Company estimates that temporary store closures for approximately 8 % of the first half of Fiscal 2022 negatively impacted earnings per share by about $ .26 to $ .31 , based on the Company's estimates of profit dollars on lost sales of approximately $ 1.40 billion to $ 1.55 billion ( see below ) . -MORE