NYSE$TJX

TJX Companies Inc · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

TJX reported Q4 and full year FY24 results, with Q4 comp store sales growth, pretax profit margin, and diluted EPS all above plan.

TJX Companies Inc. reported strong Q4 and full-year FY24 results, exceeding expectations with a 5% increase in Q4 consolidated comparable store sales and a 37% increase in diluted earnings per share to $1.22. The company surpassed $50 billion in annual sales and anticipates increasing its dividend by 13% and repurchasing $2.0 to $2.5 billion of stock in FY25.

  • Q4 consolidated comparable store sales increased 5%, driven by customer transactions and exceeding company plans.
  • Q4 diluted earnings per share were $1.22, a 37% increase compared to the previous year and above company expectations.
  • The company returned $4.0 billion to shareholders in FY24 through share repurchases and dividends.
  • The company expects to increase dividend by 13% and buy back $2.0 to $2.5 billion of stock in FY25.

Headline financials

Total Revenue

$16.4B

Previous: $14.5B+13.0%
EPS (adj)

$1.12

Previous: $0.89+25.8%
Comp Store Sales Growth

5.0%

Previous: 4.0%+25.0%
Capital Expenditures

-$442M

Previous: $357M-223.7%
Net Income

$1.4B

Previous: $1.04B+34.9%
Operating Income

$1.84B

Previous: $1.34B+37.6%
Gross Profit

$4.87B

Previous: $3.79B+28.6%
Stock-Based Comp

$46M

Previous: $27.4M+67.7%

Revenue & EPS history

TJX · Revenue · Quarterly

$16.4B

Q4 2024+13%vs Q4 2023
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

For the first quarter of Fiscal 2025, the Company is planning consolidated comparable store sales to be up 2% to 3%, pretax profit margin to be in the range of 10.5% to 10.6%, and diluted earnings per share to be in the range of $.84 to $.86. For full year Fiscal 2025, the Company is planning consolidated comparable store sales to be up 2% to 3%, pretax profit margin to be in the range of 10.9% to 11.0%, and diluted earnings per share to be in the range of $3.94 to $4.02.

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 Q4 2024

Historical avgQ4 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

Earnings price reactions
QuarterReport dateReaction (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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro