- Strong Sales Performance: TJX’s second quarter comparable sales increased by 4%, surpassing the estimate of 3.09%.
- Division Highlights:
- Marmaxx: Comparable sales rose by 3%, beating the estimate of 2.4%.
- HomeGoods: Achieved a 5% increase in comparable sales, compared to the estimate of 4.17%.
- TJX Canada: Notable growth with a 9% rise in comparable sales, exceeding the estimate of 4.22%.
- TJX International (Europe & Australia): Sales up by 5%, close to the estimate of 5.11%.
- Net Sales and Earnings:
- Total net sales reached $14.40 billion, which is a 6.9% increase year-over-year, beating the estimate of $14.14 billion.
- Marmaxx net sales were $8.84 billion, surpassing expectations of $8.51 billion.
- HomeGoods reported net sales of $2.29 billion, above the estimate of $2.25 billion.
- TJX Canada net sales reached $1.38 billion, higher than the $1.29 billion estimate.
- TJX International’s net sales were $1.89 billion, exceeding the projection of $1.8 billion.
- Earnings per share stood at $1.10, compared to 96 cents in the previous year.
- Store Count Update: Ending store count was 5,134, slightly below the estimate of 5,152, but still a 2.7% increase year-over-year.
- Third Quarter Forecast:
- Expected earnings per share to be between $1.17 and $1.19.
- Pre-tax profit margin projected at 12% to 12.1%, although the estimate was at 12.6%.
- Full-Year Guidance: TJX has increased the full-year FY26 guidance for pre-tax profit margin and diluted earnings per share due to strong second-quarter results.
- Third Quarter Sales Outlook: Consolidated comparable sales for the third quarter of Fiscal 2026 are expected to increase by 2% to 3%.
- Analyst Ratings: There are 20 buy recommendations, 1 hold, and 2 sell ratings for TJX.
Tjx Companies on Smartkarma
Analyst coverage of TJX Companies on Smartkarma by Baptista Research reveals positive sentiment towards the company’s performance. In their report titled “TJX’s Secret Weapon: How It’s Winning Over the Coveted 18-34 Age Group!“, Baptista Research highlights TJX’s exceptional execution of their flexible off-price business model and strong sales growth across all divisions. The company’s commitment to providing value and exciting merchandise assortment has been well received by consumers globally, leading to an increase in pretax profit margins and earnings per share guidance for the full year.
In another report titled “The TJX Companies: Leveraging Vendor Relationships For A Competitive Edge!“, Baptista Research discusses TJX’s resilient performance in the first quarter of fiscal year 2026. The company’s 3% increase in comparable store sales, driven by higher customer transactions, across divisions in the U.S. and internationally showcases strong performance. Particularly, the HomeGoods division stood out with a 4% increase in comp sales and improved segment profit margin, outperforming its competitors.
A look at Tjx Companies Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Looking ahead for Tjx Companies, the Smartkarma Smart Scores provide key insights into various aspects of the company. With a solid score in Growth and Momentum, Tjx Companies shows promising signs for long-term potential. The company has been actively growing and maintaining a positive momentum, indicating a bright future in terms of expanding its market presence and performance.
Although Tjx Companies has room for improvement in Value and Dividend scores, its Resilience score suggests a level of stability in times of uncertainty. Overall, Tjx Companies, known for its off-price retail concepts offering a wide array of brand name and designer merchandise, seems to be on a path towards sustained growth and resilience in the retail industry based on the Smartkarma Smart Scores.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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