TJX Stock Touches Record Levels After Retailer Tops Q4 Estimates

Core Insights - TJX Cos. reported better-than-expected earnings per share of $1.23 for the quarter, a 10% increase year-over-year, despite a slight decline in sales to$ 16.35 billion, which was down about $60 million from the previous year [1] - Comparable-store sales increased by 5% year-over-year, surpassing analysts' forecast of 3% growth, with positive performance across all segments and regions [2] - The company's forecasts for the first quarter and fiscal 2026 were below expectations, projecting a 2% to 3% increase in comparable sales and earnings per share between$ 0.87 to $0.89 for the first quarter and$ 4.34 to $4.43 for fiscal 2026 [3] - TJX announced a planned 13% increase in its quarterly dividend to$ 0.425 per share, pending board approval, and a new share buyback program of $2 billion to$ 2.5 billion, in addition to the remaining $1.1 billion from the previous plan [4]