NYSE$TJX

TJX Companies Inc · Q2 2025 earnings

Q2 2025 earnings · · Investor relations

Briefing

Reported Q2 FY25 results with comp store sales growth, pretax profit margin, and diluted EPS above plan, and raised FY25 pretax profit margin and EPS guidance.

TJX Companies reported a strong second quarter in fiscal year 2025, with net sales increasing by 6% to $13.5 billion and a consolidated comparable store sales increase of 4%. Diluted earnings per share rose by 13% to $0.96, and the company returned $982 million to shareholders through share repurchases and dividends. The company has raised its full-year guidance for pretax profit margin and earnings per share.

  • Consolidated comparable store sales increased 4%, driven by an increase in customer transactions.
  • Pretax profit margin was 10.9%, up 0.5 percentage points versus last year.
  • Diluted earnings per share were $0.96, up 13% versus last year.
  • Returned $982 million to shareholders through share repurchases and dividends.

Headline financials

Total Revenue

$13.5B

Previous: $12.8B+5.6%
EPS (adj)

$0.96

Previous: $0.85+12.9%
Capital Expenditures

-$982M

Previous: -$820M-19.8%
Free Cash Flow

$117M

Previous: $169M-30.8%
Net Income

$1.1B

Previous: $989M+11.1%
Operating Income

-$12B

Previous: -$11.5B-5.0%
Gross Profit

$4.09B

Previous: $3.85B+6.2%
Cash & Equivalents

$5.25B

Previous: $4.55B+15.4%
Total Assets

$30.6B

Previous: $28.9B+5.6%
Stock-Based Comp

$46M

Previous: $36M+27.8%

Revenue & EPS history

TJX · Revenue · Quarterly

$13.5B

Q2 2025+5.6%vs Q2 2024
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Revenue by segment

TJX · $14.3B total across 4 segments · Q1 2027

  • Marmaxx (U.S.)
    $8.65B
  • HomeGoods (U.S.)
    $2.51B
  • TJX International (Europe & Australia)
    $1.88B
  • TJX Canada
    $1.29B

Forward guidance

The Company is planning for Q3 2025 consolidated comparable store sales to be up 2% to 3%, pretax profit margin to be in the range of 11.8% to 11.9%, and diluted earnings per share to be in the range of $1.06 to $1.08. For the full year Fiscal 2025, the Company is now planning consolidated comparable store sales to be up approximately 3%, pretax profit margin to be approximately 11.2% and diluted earnings per share to be in the range of $4.09 to $4.13.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

+0.8%

Avg return

Earnings day

+1.1%

Avg return

5 days after

+1.0%

Avg return

30 days after

58%

42 / 73 earnings

Positive

+10.2%

Q2 2015

Best reaction

-10.1%

Q2 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2027+5.4%+5.5%+9.3%
Q4 2026-0.0%+1.4%-1.6%
Q3 2026+0.9%+2.3%+6.2%
Q2 2026+2.7%+0.7%+3.8%
Q1 2026-2.9%-6.8%-8.5%
Q4 2025+1.8%+0.7%-3.7%
Q3 2025+0.2%+4.4%+2.0%
Q2 2025+5.0%+6.0%+4.1%
Q1 2025+2.5%+4.5%+13.6%
Q4 2024-1.4%-2.6%+0.9%
Q3 2024-4.5%-3.2%-3.5%
Q2 2024+2.9%+4.5%+7.8%
Q1 2024+1.3%+0.3%+3.9%
Q4 2023-1.4%-2.4%-5.0%
Q3 2023+3.8%+5.2%+3.4%
Q2 2023+2.0%-3.4%-3.0%
Q1 2023+9.3%+7.3%+0.8%
Q4 2022-0.9%+1.3%-6.1%
Q3 2022+5.2%+0.5%+6.5%
Q2 2022+3.8%+5.2%+0.2%
Q1 2022-5.3%-6.7%-10.9%
Q4 2021-3.6%-4.2%-6.0%
Q3 2021+0.7%+1.1%+10.7%
Q2 2021-10.1%-7.0%-2.5%
Q1 2021+5.0%+8.8%+3.5%
Q4 2020+0.7%+4.1%-21.6%
Q3 2020-0.4%-0.6%+1.2%
Q2 2020+3.8%+3.0%+9.5%
Q1 2020-2.4%-2.5%+1.6%
Q4 2019+3.2%+3.4%+7.0%
Q3 2019-5.7%-6.3%-13.3%
Q2 2019+4.0%+6.3%+7.8%
Q1 2019+3.8%+4.0%+13.7%
Q4 2018+7.1%+8.4%+5.5%
Q3 2018-2.4%+0.4%+3.8%
Q2 2018+2.8%+1.2%+5.2%
Q1 2018-2.8%-3.4%-5.7%
Q4 2017+2.1%+3.1%+2.9%
Q3 2017+2.9%+4.7%+4.3%
Q2 2017-5.5%-4.1%-9.3%
Q1 2017-0.6%
Q4 2016+3.3%
Q3 2016+4.1%
Q2 2016+4.6%
Q1 2016+1.8%
Q4 2015+1.3%
Q3 2015+1.0%
Q2 2015+10.2%
Q1 2015-3.1%
Q4 2014-0.4%
Q3 2014+1.2%
Q2 2014+6.6%
Q1 2014-2.2%
Q4 2013+3.0%
Q3 2013+2.7%
Q2 2013+1.8%
Q1 2013+6.9%
Q4 2012+2.0%
Q3 2012-0.3%
Q2 2012+1.6%
Q1 2012-3.0%
Q4 2011+0.5%
Q3 2011+1.1%
Q2 2011-0.4%
Q1 2011-1.6%
Q1 2010-1.6%
Q4 2008-1.8%
Q4 2010-1.8%
Q3 2009+0.0%
Q3 2010+0.0%
Q2 2010-3.3%
Q4 2009-3.3%
Q2 2009-3.3%

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