From CNBC: 2025-02-26 08:05:28

TJX Companies, which owns T.J. Maxx, Marshall’s, and Home Goods, exceeded expectations in its holiday quarter due to customer transactions, beating Wall Street predictions. However, it provided cautious guidance for fiscal year 2026, expecting lower comparable sales and earnings per share than analysts anticipated.

In fiscal 2026, TJX expects comparable sales to increase by 2-3%, below estimates, with earnings per share projected to be lower than expected. The company cited a strong U.S. dollar and unfavorable exchange rates as factors impacting earnings growth for the year.

TJX reported earnings per share of $1.23 and revenue of $16.35 billion for the fourth quarter of fiscal 2025, both surpassing analyst forecasts. Net income remained steady compared to the prior year, with sales remaining flat due to a shorter selling period.

As consumers seek affordable options amidst economic uncertainty, TJX has experienced significant growth, attracting shoppers from traditional department stores like Macy’s and Kohl’s. The company’s off-price model has benefited from supply chain disruptions caused by tariff policies, with plans to expand internationally in the future.



Read more at CNBC:: TJX Cos. (TJX) Q4 2025 earnings