Business
The TJX Companies, Inc. Reports Q1 FY26 Results; Comp Sales Growth of 3%; Pretax Profit Margin of 10.3% and Diluted EPS of $.92 Both Above Plan; Maintains Full Year FY26 Guidance
FRAMINGHAM, Mass., May 21, 2025--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 first quarter ended May 3, 2025. Net sales for the first quarter of Fiscal 2026 were $13.1 billion, an increase of 5% versus the first quarter of Fiscal 2025. First quarter Fiscal 2026 consolidated comparable sales increased 3%. Net income for the first quarter of Fiscal 2026 was $1.0 billion
About this update from Tjx Companies, Inc. (the)
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":269,"url":"https://media.zenfs.com/en/business-wire.com/3de937f970bb454b2276385e3a644554"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/NPNXER7T02BJdltZm01AFQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTUzODtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/3de937f970bb454b2276385e3a644554","width":480,"height":269}},"lazy":false},{"type":"list","items":[{"val":[{"type":"text","content":"Q1 consolidated comparable sales increased 3%, at the high end of the Company’s plan, driven by an increase in customer transactions","length":132,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Q1 pretax profit margin of 10.3%, above the Company’s plan","length":58,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Q1 diluted earnings per share of $.92, above the Company’s plan","length":63,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Returned $1.0 billion to shareholders in Q1 through share repurchases and dividends","length":83,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Maintains full year FY26 comp sales growth, pretax profit margin, and diluted earnings per share guidance","length":105,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":441,"olType":false},{"type":"text","content":"FRAMINGHAM, Mass., May 21, 2025--(BUSINESS WIRE)--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 first quarter ended May 3, 2025. Net sales for the first quarter of Fiscal 2026 were $13.1 billion, an increase of 5% versus the first quarter of Fiscal 2025. First quarter Fiscal 2026 consolidated comparable sales increased 3%. Net income for the first quarter of Fiscal 2026 was $1.0 billion and diluted earnings per share were $.92 versus $.93 in the first quarter of Fiscal 2025.","length":606,"tagName":"p"},{"type":"text","content":"CEO and President Comments","length":26,"tagName":"p"},{"type":"text","content":"Ernie Herrman, Chief Executive Officer and President of The TJX Companies, Inc., stated, "I am very pleased with our first quarter performance. Overall comp sales increased 3%, at the high end o...