Key TakeawaysTJX, the parent company of retailers like TJ Maxx, HomeGoods, and Marshall's, reported better second-quarter earnings than analysts had expected as value-seeking consumers boost sales.TJX stock rose nearly 6% to record levels after the report was released Wednesday.The retailer also announced an investment in Brands for Less, a discount retailer with locations across the Middle East as TJX looks to expand its international efforts. Shares of TJX Companies (TJX), which operates discount retailer ...

Yes, TJX had a great second quarter. But does its stock now cost too much?Shares of The TJX Companies (TJX 6.13%) -- probably better known to shoppers as T.J. Maxx -- ran up 5.9% through 10:45 a.m. ET after the company announced a beat on both sales and earnings estimates Wednesday morning.Heading into the quarter, analysts forecast TJX would earn $0.92 per share on $13.3 billion in sales. In fact, it earned $0.96 per share, and its revenue approached $13.5 billion. TJX second-quarter earningsTJX reported a ...

The TJX Companies, Inc. (TJX) posted strong second-quarter fiscal 2025 results, wherein the top and bottom lines increased year over year and came ahead of the Zacks Consensus Estimate. Buoyed by strong second-quarter results, management raised its full-year guidance for both the pretax profit margin and earnings per share.The company’s second-quarter performance exceeded expectations, with comparable sales being fueled entirely by higher customer transactions across all divisions. A significant milestone w ...

Core Viewpoint - TJX Companies reported strong second-quarter results for 2025, exceeding analyst expectations in both earnings per share and revenue [1] Financial Performance - Earnings per share (EPS) for TJX Companies was 96 cents, surpassing the analyst estimate of 92 cents [1] - The company achieved revenue of $13.47 billion, which is 1.19% higher than the analyst estimate of $13.31 billion [1]

TJX (TJX) reported $13.47 billion in revenue for the quarter ended July 2024, representing a year-over-year increase of 5.6%. EPS of $0.96 for the same period compares to $0.85 a year ago.The reported revenue represents a surprise of +0.95% over the Zacks Consensus Estimate of $13.34 billion. With the consensus EPS estimate being $0.92, the EPS surprise was +4.35%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next ...

TJX (TJX) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $0.85 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.35%. A quarter ago, it was expected that this parent of T.J. Maxx, Marshalls and other stores would post earnings of $0.87 per share when it actually produced earnings of $0.93, delivering a surprise of 6.90%.Over the last fo ...

Financial Performance - Q2 consolidated comparable store sales increased 4%, driven entirely by an increase in customer transactions[1] - Q2 pretax profit margin was 10.9%, up 0.5 percentage points versus last year[1] - Q2 diluted earnings per share were $0.96, up 13% versus last year[1] - Net sales for Q2 FY25 were $13.5 billion, an increase of 6% versus Q2 FY24[1] - Net sales for the thirteen weeks ended August 3, 2024, were $13.468 billion, compared to $12.758 billion for the same period in 2023, representing a 5.6% increase[27] - Net income for the thirteen weeks ended August 3, 2024, was $1.099 billion, up from $989 million in the same period in 2023, reflecting an 11.1% increase[27] - Diluted earnings per share for the thirteen weeks ended August 3, 2024, were $0.96, compared to $0.85 in the same period in 2023, a 12.9% increase[27] - For FY25, the company raised its pretax profit margin outlook to approximately 11.2% and diluted earnings per share outlook to $4.09 to $4.13[15] Cash Flow and Liquidity - The company generated $1.6 billion of operating cash flow in Q2 and ended the quarter with $5.3 billion of cash[12] - Cash and cash equivalents as of August 3, 2024, were $5.250 billion, up from $4.550 billion as of July 29, 2023, a 15.4% increase[29] - Net cash provided by operating activities for the twenty-six weeks ended August 3, 2024, was $2.366 billion, compared to $2.086 billion for the same period in 2023, a 13.4% increase[31] - The company reported a net cash used in investing activities of $990 million for the twenty-six weeks ended August 3, 2024, compared to $819 million for the same period in 2023[31] Shareholder Returns - The company returned $982 million to shareholders in Q2 through share repurchases and dividends[1] - The company plans to repurchase approximately $2.0 to $2.5 billion of TJX stock during FY25[13] - The company returned $982 million to shareholders in Q2 2024, including $559 million for repurchasing 5.1 million shares and $423 million in dividends[36] - The company returned $1.9 billion to shareholders in the first six months of 2024, including $1.1 billion for repurchasing 10.4 million shares and $800 million in dividends[36] - The company completed the remaining $1.0 billion of its stock repurchase program in Q2 2025[36] - The company announced a new stock repurchase program in February 2024, authorizing up to $2.5 billion in repurchases[36] - As of August 3, 2024, the company had approximately $2.5 billion available for repurchase under the new program[36] Segment Performance - Marmaxx segment net sales for the thirteen weeks ended August 3, 2024, were $8.445 billion, up from $7.903 billion in the same period in 2023, a 6.9% increase[34] - HomeGoods segment net sales for the thirteen weeks ended August 3, 2024, were $2.101 billion, compared to $2.011 billion in the same period in 2023, a 4.5% increase[34] - TJX International segment net sales for the thirteen weeks ended August 3, 2024, were $1.678 billion, up from $1.621 billion in the same period in 2023, a 3.5% increase[34] - Total segment profit for the thirteen weeks ended August 3, 2024, was $1.642 billion, compared to $1.483 billion in the same period in 2023, a 10.7% increase[34] Inventory and Investments - Total inventories as of August 3, 2024 were $6.5 billion, down 2% on a per-store basis versus last year[11] - The company opened 5,000 stores worldwide and signed a definitive agreement to invest approximately $360 million for a 35% ownership stake in Brands For Less[1]

Group 1 - TJX Companies raised its full-year earnings guidance to between $4.09 and $4.13, slightly below Wall Street's estimate of $4.14 [1] - For the current quarter, TJX expects earnings per share between $1.06 and $1.08, compared to the estimate of $1.10 [1] - The company reported net income of $1.1 billion, or 96 cents per share, for the three-month period ending August 3, up from $989 million, or 85 cents per share, a year earlier [1][2] Group 2 - Sales increased to $13.47 billion, a rise from $12.76 billion a year earlier [2] - TJX announced a 35% ownership stake in Dubai-based retailer Brands for Less for $360 million, marking a strategic move for international growth [2][3] - The investment in Brands for Less is expected to be slightly accretive to earnings per share starting in Fiscal 2026 [3] Group 3 - TJX's stock has risen approximately 21% year to date, reaching a new high in May following strong quarterly earnings [3] - The company has gained market share from competitors like Target and Macy's, appealing to price-sensitive consumers [3] - Analysts suggest that TJX's business model is resilient in various economic conditions, although a significant downturn in consumer spending could pose risks [3]

The TJX Companies, Inc. TJX is set to release earnings results for its second quarter, before the opening bell on Wednesday, Aug. 21.Analysts expect the Framingham, Massachusetts-based company to report quarterly earnings at 92 cents per share, up from 85 cents per share in the year-ago period. TJX projects to report quarterly revenue of $13.31 billion for the quarter, according to data from Benzinga Pro.On May 22, The TJX Companies reported better-than-expected first-quarter financial results.TJX shares ro ...

Core Viewpoint - The TJX Companies, Inc. is expected to report growth in both revenue and earnings for the second quarter of fiscal 2025, with projected revenues of $13.33 billion, reflecting a 4.5% increase year-over-year, and earnings per share estimated at 92 cents, indicating an 8.2% growth from the previous year [1][2]. Group 1: Financial Performance Expectations - The consensus estimate for quarterly revenues is $13.33 billion, which indicates a growth of 4.5% from the prior-year quarter's reported figure [1]. - The Zacks Consensus Estimate for quarterly earnings has risen to 92 cents per share, reflecting an 8.2% growth from the figure reported in the year-ago period [1]. - TJX has a trailing four-quarter earnings surprise of 6.2%, on average, with a 6.9% earnings surprise in the last reported quarter [1][3]. Group 2: Growth Drivers - The TJX Companies has been expanding its store footprint, adding 18 new stores in the first quarter of fiscal 2025, bringing the total to 4,972 stores [2]. - The company is enhancing its e-commerce capabilities to cater to the increasing number of consumers shopping online, alongside effective marketing initiatives and loyalty programs [2][3]. - The off-price model, strategic store locations, and efficient supply-chain management are expected to contribute positively to the company's performance [3]. Group 3: Challenges - The company is facing challenges from high costs of sales and operating expenses, with expectations of increased store wage and payroll costs during fiscal 2025 [3]. - These rising costs may have impacted profits to some extent in the second quarter [3]. Group 4: Earnings Prediction Model - The Zacks model predicts an earnings beat for The TJX Companies, supported by a positive Earnings ESP of +2.39% and a Zacks Rank of 3 (Hold) [4].