Core Insights - TJX reported quarterly earnings of $1.28 per share, exceeding the Zacks Consensus Estimate of $1.22 per share, and showing an increase from $1.14 per share a year ago, resulting in an earnings surprise of +4.92% [1] - The company achieved revenues of $15.12 billion for the quarter ended October 2025, surpassing the Zacks Consensus Estimate by 1.58% and up from $14.06 billion year-over-year [2] - TJX shares have increased approximately 20.5% year-to-date, outperforming the S&P 500's gain of 12.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.36 on revenues of $17.3 billion, and for the current fiscal year, it is $4.60 on revenues of $59.7 billion [7] - The estimate revisions trend for TJX was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Retail - Discount Stores industry, to which TJX belongs, is currently ranked in the top 37% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Dollar Tree, another competitor in the same industry, is expected to report quarterly earnings of $1.09 per share, reflecting a year-over-year decline of -2.7% [9]

Financial Performance - Q3 FY26 net sales reached $15.1 billion, a 7% increase compared to Q3 FY25[1] - Consolidated comparable sales for Q3 FY26 increased by 5%, exceeding the company's plan[4] - Q3 FY26 diluted earnings per share were $1.28, up 12% from $1.14 in Q3 FY25[1] - For the first nine months of FY26, net sales totaled $42.6 billion, a 7% increase year-over-year[2] - Net sales for the thirteen weeks ended November 1, 2025, were $15,117 million, an increase of 7.5% compared to $14,063 million for the same period in 2024[32] - Net income for the thirty-nine weeks ended November 1, 2025, was $3,721 million, up from $3,466 million for the same period in 2024, representing an increase of 7.3%[32] - Diluted earnings per share for the thirteen weeks ended November 1, 2025, were $1.28, compared to $1.14 for the same period in 2024, reflecting a growth of 12.3%[32] Shareholder Returns - The company returned $1.1 billion to shareholders in Q3 FY26 through share repurchases and dividends[11] - The company returned $1.1 billion to shareholders during the third quarter, including $594 million for repurchasing 4.2 million shares and $472 million in dividends[40] - The company plans to repurchase approximately $2.5 billion of its stock during the fiscal year ending January 31, 2026[13] - The company has approximately $1.9 billion available for stock repurchase as of November 1, 2025, under its new stock repurchase program[40] Inventory and Assets - Total inventories as of November 1, 2025, were $9.4 billion, an increase of 12% from the previous year[10] - Merchandise inventories increased to $9,353 million as of November 1, 2025, from $8,371 million as of November 2, 2024, marking a rise of 11.7%[34] - Total assets as of November 1, 2025, were $35,188 million, an increase from $32,436 million as of November 2, 2024, indicating a growth of 8.6%[34] Profitability - The pretax profit margin for Q3 FY26 was 12.7%, 0.4 percentage points higher than the previous year[7] - Segment profit for Marmaxx in the United States was $1,350 million for the thirteen weeks ended November 1, 2025, compared to $1,207 million for the same period in 2024, a growth of 11.8%[39] Future Outlook - For Q4 FY26, the company expects consolidated comparable sales to increase by 2% to 3%[15] - The full year FY26 guidance includes a projected 4% increase in consolidated comparable sales and diluted EPS in the range of $4.63 to $4.66[16] - The company anticipates continued growth in operating and financial performance, despite potential risks including competition and economic conditions[28] Cash Position - Cash and cash equivalents at the end of the period were $4,640 million, down from $4,718 million at the end of the same period last year, a decrease of 1.7%[36]

Core Insights - The holiday shopping season is showing strong performance for TJX Companies, with fiscal third-quarter results exceeding expectations on both revenue and earnings [1][3] Financial Performance - TJX reported a net income of $1.44 billion, or $1.28 per share, compared to $1.30 billion, or $1.14 per share, from the previous year [3] - Sales increased to $15.12 billion, reflecting a 7% rise from $14.06 billion a year earlier [3][8] - Comparable sales rose by 5%, surpassing expectations of 3.7% growth [4] Guidance and Expectations - For the current quarter, TJX anticipates comparable sales growth between 2% and 3%, which is below the expected 3.1% [2] - Earnings per share guidance for the current quarter is projected between $1.33 and $1.36, slightly below the expected $1.37 [2] - For fiscal 2026, the company expects comparable sales to rise by 4%, exceeding the anticipated 3.4% growth [5] Market Position and Consumer Behavior - The off-price retail sector is benefiting from value-seeking consumers, particularly during uncertain economic times, which tends to drive shoppers towards discount retailers [6] - Higher tariffs are viewed positively by TJX, as they may encourage consumers to shop at off-price stores due to increased prices elsewhere [7]

The discount retailer continues to win over inflation-weary shoppers with its value and deals. ...

该公司还预计，2026财年第四季度同店销售额将增长2%-3%，税前利润率为11.7%-11.8%，摊薄后每股 收益为1.33-1.36美元(市场普遍预期为1.37美元)。 该公司表示，其发布的2026财年第四季度及全年业绩指引基于以下假设——截至2025年11月19日的美国 进口关税水平将在本财年剩余时间内维持不变。该公司预计，在2026财年第四季度能够持续抵消关税带 来的预期压力。 TJX是全美最大的鞋服配饰家居类折扣零售商，旗下运营着TJ Maxx和Marshalls等连锁品牌。该公司的 连锁门店通过收购全价店滞销库存，以折扣价销售设计师产品与品牌商品。该公司第三季度营收超出市 场预期，表明在美国经济显现压力迹象之际，消费者正转向更实惠的购物选择。 展望未来，TJX目前预计，2026财年全年同店销售额将增长4%，此前预期为增长3%;预计全年税前利润 率为11.6%，此前预期为11.4%-11.5%;预计全年摊薄后每股收益为4.63-4.66美元，好于市场普遍预期的 4.60美元，此前预期为4.52-4.57美元。 智通财经APP获悉，美国折扣零售商TJX(TJX.US)公布了好于预期的2026财年第三季度 ...

Shares of the parent company of T.J. Maxx and Marshalls climbed into record territory as quarterly results beat on all the key metrics, as customers continued to flock to its off-price goods. ...

TJX Cos raised annual profit forecast on Wednesday, anticipating that its broad sourcing strategy and seasonal inventory will attract bargain-hunting shoppers to its off-price stores. ...

The TJX Companies, Inc. (NYSE:TJX) will release earnings results for the third quarter, before the opening bell on Wednesday, Nov. 19.Analysts expect the Framingham, Massachusetts-based company to report quarterly earnings of $1.22 per share, up from $1.14 per share in the year-ago period. The consensus estimate for TJX's quarterly revenue is $14.86 billion. Benzinga Pro data shows $14.06 billion in quarterly revenue a year ago.On Aug. 20, TJX posted better-than-expected second-quarter earnings and raised 2 ...

Core Insights - TJX Companies, Inc. is set to release its third-quarter earnings results on November 19, with analysts expecting earnings of $1.22 per share, an increase from $1.14 per share in the same period last year [1] - The consensus estimate for quarterly revenue is $14.86 billion, compared to $14.06 billion in the previous year [1] Earnings Performance - In the second quarter, TJX reported better-than-expected earnings and raised its EPS guidance for 2026 [2] - Following the announcement, TJX shares rose by 0.3%, closing at $145.58 [2] Analyst Ratings - Telsey Advisory Group maintained an Outperform rating with a price target of $155 [4] - TD Cowen raised its price target from $160 to $162 while maintaining a Buy rating [4] - Wells Fargo increased its price target from $130 to $140, maintaining an Equal-Weight rating [4] - BTIG initiated coverage with a Buy rating and a price target of $165 [4] - JP Morgan raised its price target from $148 to $149 while maintaining an Overweight rating [4]

In its upcoming report, TJX (TJX) is predicted by Wall Street analysts to post quarterly earnings of $1.22 per share, reflecting an increase of 7% compared to the same period last year. Revenues are forecasted to be $14.88 billion, representing a year-over-year increase of 5.8%.The current level reflects an upward revision of 0.6% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections ...