TJX Earnings: Q1 Sales Rise, Guidance Raised
TJX earnings show the company raised full-year sales and profit guidance on May 20, 2026, citing resilient off-price demand relevant for traders.
KEY TAKEAWAYS
- Q1 net sales were $14.3B and diluted EPS was $1.19, reflecting resilient off-price demand.
- Comparable sales rose 6.0% and pretax profit margin was 12.0%.
- Company raised full-year EPS guidance and expanded buybacks to $2.8B-$3.0B.
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The TJX Companies, Inc. (NYSE: TJX) reported stronger first-quarter fiscal 2027 results and on May 20, 2026 raised its full-year guidance as resilient off-price demand drew shoppers, a development reflected in TJX earnings that underscores sustained consumer interest.
Stronger First-Quarter Results
TJX reported first-quarter fiscal 2027 net sales of $14.3 billion, a 9.0% increase year over year. Diluted earnings per share rose 29.0% to $1.19. Comparable sales grew 6.0%, and the company posted a pretax profit margin of 12.0%. These results spanned its off-price banners—T.J. Maxx, Marshalls, and HomeGoods—and reflected stronger traffic and rising comparable sales, suggesting margin leverage as shoppers sought discounted merchandise.
Raised Outlook and Capital Returns
The company raised its full-year guidance for comparable sales and profit. It provided second-quarter earnings-per-share guidance of $1.15 to $1.17 and full-year EPS guidance of $5.08 to $5.15. TJX also outlined a share repurchase range of $2.75 billion to $3.0 billion. Management attributed the revised outlook to resilient, budget-conscious consumer demand and increased traffic across its off-price retail banners. The raised guidance and expanded buyback range indicate confidence in sustained demand and the company’s ability to return capital to shareholders.
No merger, acquisition, antitrust, or other approval processes were reported in connection with the results.
