TJX Tops Q4 Estimates But Fiscal 2027 Outlook Falls Short

Font: Financial Modeling Prep  • Feb 25, 2026

The TJX Companies Inc. (NYSE: TJX) reported fourth-quarter results that exceeded Wall Street expectations.

The off-price retailer posted adjusted earnings per share of $1.43 for the quarter ended January 31, surpassing the analyst consensus of $1.39. Revenue increased 9% year over year to $17.7 billion, exceeding estimates of $17.36 billion. Comparable sales advanced 5%, significantly ahead of the company’s internal plan.

For the first quarter of fiscal 2027, TJX projected diluted earnings per share of $0.97 to $0.99, with a midpoint of $0.98 below the consensus estimate of $1.02. For full fiscal 2027, the company guided earnings per share between $4.93 and $5.02, with a midpoint of $4.98, compared with analyst expectations of $5.16.

Quarterly pretax profit margin expanded to 13.5%, including a $0.15 per share benefit from a litigation settlement related to credit card interchange fees. Excluding the settlement, adjusted pretax margin was 12.2%, up 0.6 percentage points from the prior year. Annual sales surpassed $60 billion for the first time, with full-year comparable sales rising 5%.

All divisions delivered at least 4% comparable sales growth for the year. Marmaxx increased 5% in the quarter, HomeGoods rose 6%, TJX Canada gained 7%, and TJX International advanced 4%.

The company announced plans to increase its quarterly dividend by 13% to $0.48 per share, subject to board approval, and intends to repurchase between $2.50 billion and $2.75 billion of stock during fiscal 2027.