NYSE$TJX

TJX Companies Inc · Q2 2027 earnings

Q2 2027 earnings · · Before market open · Investor relations

Briefing

TJX reported Q2 FY27 results with consolidated comparable sales growth of 4% and pretax profit margin of 13.3%, both exceeding plan.

The TJX Companies, Inc. delivered net sales of $15.2 billion in the second quarter ended August 1, 2026, up 5% year-over-year, with net income reaching $1.5 billion. Adjusted diluted EPS of $1.22 increased 11% from the prior year, supported by strong performance across HomeGoods, TJX Canada, and TJX International. The company raised full-year FY27 pretax profit margin and EPS guidance while announcing plans to accelerate store growth to 4% beginning in FY28.

  • Q2 consolidated comparable sales rose 4%, above the company's plan, with Marmaxx at +1% and HomeGoods, TJX Canada, and TJX International each delivering 6-7%.
  • Pretax profit margin reached 13.3% (adjusted 11.9%), up 1.9 points (adjusted up 0.5 points) year-over-year and well above plan.
  • Diluted EPS of $1.36 (adjusted $1.22) increased 24% (adjusted 11%) versus last year, prompting raised full-year FY27 guidance.
  • Returned $1.3 billion to shareholders via share repurchases and dividends; raised long-term global store target to 7,500 stores with 4% annual growth planned from FY28.

Headline financials

Total Revenue

$15.2B

Previous: $14.4B+5.4%
EPS (adj)

$1.22

Previous: $1.10+10.9%
Pretax profit margin

13.3%

No prior period
Gross profit margin

33.4%

No prior period
SG&A as % of sales

20.3%

No prior period
Comparable sales growth

4.0%

Previous: 4.0%+0.0%
Net Income

$1.52B

Previous: $1.24B+22.3%
Operating Income

$2.02B

Previous: -$12.8B+115.8%
Gross Profit

$5.07B

Previous: $4.43B+14.6%
Cash & Equivalents

$6B

Previous: $4.64B+29.4%
Total Assets

$37.1B

Previous: $32.9B+12.9%

Revenue & EPS history

TJX · Revenue · Quarterly

$15.2B

Q2 2027+5.4%vs Q2 2026
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

TJX · $15.2B total across 4 segments · Q2 2027

  • Marmaxx (U.S.)
    $9.11B
  • HomeGoods (U.S.)
    $2.51B
  • TJX International (Europe & Australia)
    $2.09B
  • TJX Canada
    $1.47B

Forward guidance

Company raised full-year FY27 pretax profit margin guidance to 12.3%-12.4% (adjusted 12.0%-12.1%) and diluted EPS to $5.31-$5.36 (adjusted $5.15-$5.20); Q3 comparable sales expected +2% to +3%.

Tailwinds

  • Strong start to Q3 with Marmaxx improvement noted.
  • Outstanding availability of branded merchandise.
  • Initiatives in place for fall and holiday seasons.
  • Accelerated store growth to 4% from FY28 with long-term target raised to 7,500 stores.

Headwinds

  • Marmaxx sales below expectations in Q2.
  • Additional tariff refund amounts, timing, and likelihood remain uncertain.

Historical earnings impact

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

Avg. return before/after earnings

Based on 18 quarterly earnings reports

Historical avg

+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
Q2 2027
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 2010-1.6%
Q1 2011-1.6%
Q4 2008-1.8%
Q4 2010-1.8%
Q3 2010+0.0%
Q3 2009+0.0%
Q2 2009-3.3%
Q4 2009-3.3%
Q2 2010-3.3%

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