TJX Tops Q4 Estimates But Fiscal 2027 Outlook Falls Short

Group 1: Financial Performance - The TJX Companies Inc. reported fourth-quarter adjusted earnings per share of $1.43, exceeding the analyst consensus of $1.39 [1] - Revenue for the quarter increased by 9% year over year to $17.7 billion, surpassing estimates of $17.36 billion [1] - Quarterly pretax profit margin expanded to 13.5%, with a $0.15 per share benefit from a litigation settlement; adjusted pretax margin was 12.2%, up 0.6 percentage points from the prior year [3] Group 2: Future Guidance - For the first quarter of fiscal 2027, TJX projected diluted earnings per share between $0.97 and $0.99, with a midpoint of $0.98, below the consensus estimate of $1.02 [2] - For full fiscal 2027, the company guided earnings per share between $4.93 and $5.02, with a midpoint of $4.98, compared to analyst expectations of $5.16 [2] Group 3: Sales Growth and Dividends - Annual sales surpassed $60 billion for the first time, with full-year comparable sales rising by 5% [3] - All divisions delivered at least 4% comparable sales growth for the year, with Marmaxx increasing by 5%, HomeGoods rising by 6%, TJX Canada gaining 7%, and TJX International advancing by 4% [4] - The company announced plans to increase its quarterly dividend by 13% to $0.48 per share, subject to board approval, and intends to repurchase between $2.50 billion and $2.75 billion of stock during fiscal 2027 [4]