Earnings release
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TJX TJX Reports Q2 FY27 Results ; Above - Plan Comp Sales Growth of 4 % ; Pretax Profit Margin and Diluted EPS Both Well Above Plan ; Increases Full Year FY27 Pretax Profit Margin and EPS Guidance August 19 , 2026 Adjusted results throughout this press release exclude a benefit from International Emergency Economic Powers Act ( " IEEPA " ) tariff refunds that are partially offset by related incremental compensation expense accruals ( see below ) • Q2 consolidated comparable sales increased 4 % , which was above the Company's plan • Q2 pretax profit margin of 13.3 % , up 1.9 percentage points versus last year and well above the Company's plan • Q2 adjusted pretax profit margin of 11.9 % , up 0.5 percentage points versus last year and well above the Company's plan • Q2 diluted earnings per share of $ 1.36 , up 24 % versus last year and well above the Company's plan • Q2 adjusted diluted earnings per share of $ 1.22 , up 11 % versus last year and well above the Company's plan • Returned $ 1.3 billion to shareholders in Q2 through share repurchases and dividends • Increases full year FY27 pretax profit margin and diluted earnings per share guidance • Plans to increase store growth to 4 % beginning in FY28 and increases long - term global store target to 7,500 stores FRAMINGHAM , Mass .-- ( BUSINESS WIRE ) -- Aug . 19 , 2026-- 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 August 1 , 2026. Net sales for the second quarter of Fiscal 2027 were $ 15.2 billion , an increase of 5 % versus the second quarter of Fiscal 2026. Second quarter Fiscal 2027 consolidated comparable sales increased 4 % . Net income for the second quarter of Fiscal 2027 was $ 1.5 billion . Second quarter Fiscal 2027 diluted earnings per share were $ 1.36 , up 24 % versus $ 1.10 in the second quarter of Fiscal 2026. Excluding a $ .14 net benefit from tariff refunds , second quarter Fiscal 2027 adjusted diluted earnings per share were $ 1.22 , up 11 % versus the prior year . For the first half of Fiscal 2027 , net sales were $ 29.5 billion , an increase of 7 % versus the first half of Fiscal 2026. First half Fiscal 2027 consolidated comparable sales increased 5 % . Net income for the first half of Fiscal 2027 was $ 2.9 billion . First half Fiscal 2027 diluted earnings per share were $ 2.55 , up 26 % versus $ 2.02 in the first half of Fiscal 2026. Excluding a $ .14 net benefit from tariff refunds , adjusted diluted earnings per share for the first half of Fiscal 2027 were $ 2.41 , up 19 % versus the prior year . CEO and President Comments Ernie Herrman , Chief Executive Officer and President of The TJX Companies , Inc. , stated , “ I am very pleased with our above - plan consolidated results in the second quarter . Overall comparable sales increased 4 % , above our plan , and both profitability and earnings per share well exceeded our expectations . While sales at Marmaxx were below our expectations , HomeGoods , TJX Canada , and TJX International all delivered terrific comp sales increases of 6 % to 7 % , which underscores the strength of our global diversified business . With our strong second quarter profit results , we are raising our pretax profit margin and earnings per share outlook for the full year . Looking ahead , the third quarter is off to a strong start , and we are seeing improvement at our Marmaxx division to start the quarter . Availability of branded , quality merchandise continues to be outstanding , and we have many initiatives in place to drive sales and traffic in the upcoming fall and holiday shopping seasons . Further , we are pleased to share that we are planning to accelerate our store openings to 4 % starting next year and now believe we can grow our overall global store base to a total of 7,500 stores in our existing retail banners in our current countries over the long term . We remain very confident in the long runway for growth ahead for TJX and we are excited about the opportunities we see to bring great values to even more consumers around the world . " Comparable Sales by Division The Company's comparable sales by division for the second quarter of Fiscal 2027 and Fiscal 2026 were as follows : Marmaxx ( U.S. ) 1 HomeGoods ( U.S. ) ² Second Quarter Comparable Sales FY2027 FY2026 + 1 % + 3 % + 7 % + 5 %