TJX Companies, Inc. (The) (TJX) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, thank you for standing by. Welcome to the TJX Company's Second Quarter Fiscal 2026 Financial Results Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question and answer session. At that time, if you have a question, you will press star one as a reminder. This conference is being recorded, August 20th, 2025. I would like to turn the conference over to Mr. Ernie Herman, Chief Executive Officer and President of TJX Companies, Inc. Please go ahead, sir. Thanks, Courtney. Before we begin, Deb has some opening comments. Thank you, Ernie, and good morning. Today's call is being recorded and includes forward-looking statements about our results and plans. These statements are subject to risks and uncertainties that could cause the actual results to vary materially from these statements, including, among others, the factors identified in our filings with the SEC. Please review our press release for a cautionary statement regarding forward-looking statements, as well as the full Safe Harbor statements included in the Investors section of our website, TJX.com. We have also detailed the impact of foreign exchange on our consolidated results and our international divisions in today's press release and in the Investors section of TJX.com, along with reconciliation to non-GAAP measures we discussed. Thank you, and now I'll turn it back over to Ernie. Good morning. Joining me on, Deb, on the call is John. I'll start today with our second quarter results. I am extremely pleased with our outstanding second quarter performance and our above-planned sales, profit margin, and earnings per share results. Overall, comp sales for the second quarter exceeded our expectations, increasing 4% and were strong across all of...