TJX · 10-Q · 2026Q3

TJX COMPANIES INC /DE/

Filed 2026-08-28 · Consumer · View original filing on EDGAR

Ranked Events

• Capital Return ProgramImportance 79 · Surprise 66
  TJX returned $1.3 billion to shareholders through share repurchases and dividends during the second quarter of fiscal 2027. In the first six months, the company repurchased and retired 8.9 million shares for $1.4…
• Stock Repurchase ProgramImportance 73 · Surprise 66
  TJX paid $1.4 billion to repurchase and retire 8.9 million shares during the first six months of fiscal 2027, compared with $1.1 billion for 9.2 million shares in the prior-year period. Management currently plans to…
• Capital Expenditure OutlookImportance 68 · Surprise 42
  TJX’s fiscal 2027 capital expenditures primarily support store improvements and renovations, new stores, distribution centers, offices, and information technology. Management expects full-year fiscal 2027 capital…
• Segment ProfitabilityImportance 62 · Surprise 58
  Marmaxx second-quarter segment profit increased to $1.424 billion from $1.254 billion, and its margin expanded to 15.6% from 14.2%, primarily from tariff refunds and higher markon. HomeGoods margin expanded to 17.6%…
• Supply Chain Tariff ImpactImportance 59 · Surprise 60
  TJX continues monitoring U.S. tariffs on imports from China and other countries, trade negotiations, retaliatory measures, judicial review, and alternative merchandise sources. In February 2026, the U.S. Supreme Court…
• Geographic Revenue PerformanceImportance 54 · Surprise 40
  TJX International was the fastest-growing segment, with second-quarter net sales up 11% to $2.1 billion and first-half sales up 12% to $4.0 billion, supported by comparable-sales growth in Europe and Australia. TJX…
• Dividend DeclarationImportance 53 · Surprise 22
  TJX declared dividends of $0.960 per share for the first six months of fiscal 2027, up 12.9% from $0.850 per share in the prior-year period. The second-quarter declared dividend increased to $0.480 per share from…
• Net Income and EPS PerformanceImportance 52 · Surprise 30
  Six-month net income increased 25.1% to $2,852 million from $2,279 million, and diluted earnings per share increased 26.2% to $2.55 from $2.02. Second-quarter net income increased 22.3% to $1,520 million from $1,243…
• Gross Margin DriversImportance 50 · Surprise 58
  Second-quarter cost of sales, including buying and occupancy costs, declined to 66.6% of sales from 69.3%, a 2.7-percentage-point improvement. Six-month cost of sales declined to 67.6% from 69.9%, supported by tariff…
• Capital Expenditures ProgramImportance 44 · Surprise 24
  TJX spent $1,159 million on property additions during the first six months of fiscal 2027, compared with a lower prior-year amount that is not displayed in the filing excerpt. Net property increased to $8,567 million…
• Store Count and ExpansionImportance 39 · Surprise 50
  As of August 1, 2026, TJX’s store count and selling square footage each increased approximately 3% year over year. The company operated approximately 5,200 stores across Marmaxx, HomeGoods, TJX Canada, and TJX…
• Liquidity and Cash PositionImportance 37 · Surprise 6
  TJX held $6.0 billion of cash as of August 1, 2026, including $1.6 billion held by foreign subsidiaries and approximately $730 million considered indefinitely reinvested. No short-term bank borrowings or commercial…
• Revenue Performance and MixImportance 37 · Surprise 32
  Second-quarter fiscal 2027 net sales increased 5% to $15.2 billion from $14.4 billion, reflecting 4% consolidated comp sales growth, 2% non-comp sales growth, and a 1% negative foreign-currency impact. Six-month net…
• Operating Expense TrendsImportance 33 · Surprise 50
  Second-quarter SG&A increased to 20.3% of net sales from 19.5%, while the six-month ratio increased to 19.9% from 19.5%. The increases were driven by $112 million of incremental compensation accruals related to IEEPA…
• Supply Chain and InventoryImportance 31 · Surprise 32
  Consolidated average per-store inventories, including inventory held at distribution centers but excluding goods in transit and e-commerce inventory, increased 2% year over year at the end of the second quarter.…
• FX / Currency ImpactImportance 31 · Surprise 32
  Foreign currency reduced consolidated second-quarter fiscal 2027 net sales by 1%, while having a neutral impact for the first six months. The second-quarter impact included a 2% negative effect on TJX Canada sales and…
• Pillar Two Global Minimum TaxImportance 29 · Surprise 24
  Multiple countries have enacted legislation implementing the OECD’s 15% global minimum tax regime, known as Pillar Two, effective January 1, 2024. A comprehensive Side-by-Side Package released in January 2026…
• Income Tax Rate ChangesImportance 25 · Surprise 32
  The second-quarter effective income tax rate increased to 24.7% from 24.5% because of higher nondeductible items and foreign withholding taxes, partly offset by greater excess tax benefits from share-based…
• Fuel Cost PressureImportance 10 · Surprise 6
  TJX hedges portions of estimated U.S. diesel-fuel requirements because independent freight carriers apply mileage surcharges based on diesel prices. The company generally intends to hedge approximately 80% of estimated…
• Geographic Market CommentaryImportance 10 · Surprise 6
  TJX operates across the United States, Canada, Europe, and Australia through four reportable segments. Its international retail footprint includes TK Maxx, Homesense, tkmaxx.com, tkmaxx.de, and tkmaxx.at in Europe and…

Revenue by Product (in millions)