NYSE$TJX
TJX Companies Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Reported above-plan comp store sales growth, pretax profit margin, and diluted earnings per share; increased comp store sales and earnings per share guidance.
TJX Companies reported strong Q3 FY24 results, with comp store sales, pretax profit margin, and earnings per share exceeding expectations. Overall comp store sales increased by 6%, driven by customer traffic. The company raised its full-year guidance for comp store sales and earnings per share.
- Overall comp store sales increased 6%, driven by customer traffic.
- Comp store sales increased 7% at Marmaxx and 9% at HomeGoods.
- Pretax profit margin was 12.0%, up 0.8 percentage points versus last year.
- Diluted earnings per share were $1.03, up 13% versus last year.
Headline financials
Revenue & EPS history
TJX · Revenue · Quarterly
$13.3B
Revenue by segment
TJX · $14.3B total across 4 segments · Q1 2027
- Marmaxx (U.S.)$8.65B—60.4%
- HomeGoods (U.S.)$2.51B—17.5%
- TJX International (Europe & Australia)$1.88B—13.1%
- TJX Canada$1.29B—9.0%
Forward guidance
For the fourth quarter of Fiscal 2024, the Company continues to expect overall comparable store sales to be up 3% to 4%. The Company now expects pretax profit margin to be in the range of 10.4% to 10.6% and diluted earnings per share to be in the range of $1.07 to $1.10.
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 Q3 2024
+0.8%
Avg return
Earnings day
+1.0%
Avg return
5 days after
+0.7%
Avg return
30 days after
58%
42 / 73 earnings
Positive
+10.2%
Q2 2015
Best reaction
-10.1%
Q2 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2027 | +5.4% | — | — | |
| 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% | — | — | |
| Q4 2009 | -3.3% | — | — | |
| Q2 2010 | -3.3% | — | — | |
| Q2 2009 | -3.3% | — | — |
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