TJX Companies, Inc. (NYSE: TJX), an off-price apparel and home fashion retailer, announced financial results for the second quarter of 2026. The company also issued guidance for the third quarter and fiscal 2026.
Net sales for the July quarter were $14.4 billion, an increase of 7% from the prior-year quarterQ2 net income increased to $1.2 billion from $1.1 billion in the corresponding quarter last yearConsolidated comparable sales increased 4% year-over-year in the second quarterSecond-quarter earnings, on a per-share basis, increased 15% annually to $1.10Gross profit margin for the quarter was 30.7%, up 0.3 percentage points from last year’s 30.4%During the second quarter, TJX returned $1.0 billion to shareholders through share repurchases and dividendsFor the third quarter of fiscal 2026, the company expects consolidated comparable sales to be up 2% to 3%Q3 earnings, on a per-share basis, are expected to be in the range of $1.17 to $1.19, representing a 3-4% YoY increaseFor fiscal 2026, the management expects consolidated comparable sales to be up 3%The company raised its full-year earnings per share outlook to be in the range of $4.52 to $4.57
