TJX COMPANIES (TJX) TJX Q2 Financial Results Summary

# The TJX Companies, Inc. (TJX) Q2 2026 Financial Results Summary

**Release Date:** August 20, 2025

The TJX Companies, Inc. (NYSE: TJX) has reported its financial results for the second quarter of Fiscal 2026, which ended on August 2, 2025. Below is a summary of the key metrics and highlights from the report.

### Financial Highlights

– **Net Sales**:
– **Q2 FY26**: $14.4 billion, an increase of **7%** compared to Q2 FY25.

– **Comparable Sales**:
– **Q2 FY26**: Increased by **4%**, exceeding the company’s plans.

– **Net Income**:
– **Q2 FY26**: $1.2 billion, up from $1.1 billion in Q2 FY25.

– **Diluted Earnings per Share (EPS)**:
– **Q2 FY26**: $1.10, an increase of **15%** compared to $0.96 in Q2 FY25.

– **Pretax Profit Margin**:
– **Q2 FY26**: 11.4%, a **0.5 percentage point** increase from 10.9% in Q2 FY25.

### Shareholder Distributions

– A total of **$1.0 billion** was returned to shareholders through:
– **Share Repurchases**: 4.1 million shares repurchased for **$515 million**.
– **Dividends Paid**: **$474 million** in dividends.

### Year-to-Date Performance

– **First Half Net Sales (FY26)**: $27.5 billion, an increase of **6%** compared to the first half of FY25.
– **First Half EPS**: $2.02, up **7%** from $1.89 in the first half of FY25.

### Comparable Sales Growth by Division

– **Marmaxx (U.S.)**:
– Q2 FY26: **+3%**, down from **+5%** in Q2 FY25.

– **HomeGoods (U.S.)**:
– Q2 FY26: **+5%**, an increase from **+2%** in Q2 FY25.

– **TJX Canada**:
– Q2 FY26: **+9%**, up from **+2%** in Q2 FY25.

– **TJX International (Europe & Australia)**:
– Q2 FY26: **+5%**, an increase from **+1%** in Q2 FY25.

### Profit Margins and Expenses

– **Gross Profit Margin**:
– **Q2 FY26**: 30.7%, up **0.3 percentage points** from 30.4% in Q2 FY25.

– **SG&A (Selling, General & Administrative) Costs**:
– **Q2 FY26**: 19.5%, a **0.3 percentage point** reduction from 19.8% in Q2 FY25.

### Inventory and Cash Flow

– **Total Inventories as of August 2, 2025**: $7.4 billion, compared to $6.5 billion the previous year.
– **Operating Cash Flow**: **$1.8 billion** generated in Q2 FY26.
– **Cash Position**: **$4.6 billion** in cash at the end of the quarter.

### Guidance for Future Performance

– **Third Quarter Fiscal 2026 Guidance**:
– Expect **consolidated comparable sales** growth of **2% to 3%**.
– Anticipated **pretax profit margin** range: **12% to 12.1%**.
– Expected **diluted EPS** range: **$1.17 to $1.19**, representing a **3% to 4%** increase compared to the previous year’s $1.14.

– **Full Year Fiscal 2026 Guidance**:
– Revised consolidated comparable sales expectations to **3% growth**.
– Increasing the pretax profit margin guidance to **11.4% to 11.5%**.
– Raising diluted EPS expectation to **$4.52 to $4.57**, equating to a **6% to 7%** increase over the prior year’s $4.26.

### Conclusion

The financial results for Q2 FY26 show that The TJX Companies, Inc. continues to perform strongly, with significant increases in sales, earnings, and shareholder returns. The guidance for future quarters reflects confidence in maintaining this momentum.