TJX Beats Expectations, Raises FY2026 Guidance Amidst 7% Sales Growth

TJX Companies Inc. (NYSE: TJX) delivered a standout third-quarter performance in Fiscal Year 2026, exceeding market expectations and leading to an upward revision of full-year guidance. The off-price apparel and home fashion retailer experienced robust financial growth across all divisions, driven by a 7% increase in net sales and strong consumer demand. This positive momentum is fueled by continued success with the company’s off-price business model and ability to attract value-conscious shoppers worldwide. The company’s success was attributed to a 5% increase in consolidated comparable sales, contributing to record earnings per share (EPS) of $1.28, surpassing analysts’ predictions of $1.23. This performance exceeded both internal expectations and the company’s planned goals, indicating continued operational efficiency and strong financial performance across all divisions. Key highlights include a 6% increase in comparable sales at Marmaxx, 5% growth in HomeGoods, and significant gains in TJX Canada and TJX International (Europe & Australia). This demonstrates the effectiveness of TJX’s off-price strategy, attracting customers globally. With an improved pretax profit margin of 12.7%, a further indication of strong operational efficiency was shown. The company has taken advantage of its solid financial performance to increase its full-year guidance. Now anticipating consolidated comparable sales growth at 4% for FY2026, up from previous estimates, along with an anticipated pretax profit margin of 11.6%, representing a significant 0.1 percentage point increase over the prior year’s result. TJX also anticipates strong performance for Q4 FY2026, projecting sales growth of 2-3% and a pretax profit margin ranging from 11.7% to 11.8%. All projections are based on the assumption that current U.S. import tariffs remain unchanged for the remainder of the year. TJX is confident in its continued growth trajectory and poised to capitalize on market trends during the holiday season by offering a wide array of high-quality products at competitive prices. The company remains well-positioned to expand its global footprint and solidify its position as a leader in off-price retail. .