TJX COMPANIES (TJX) quarter: Q3 year: 2025 Financial Results Summary

2025-11-19 · Stocks · QuoteReporter

The TJX Companies, Inc. (TJX) Q3 2026 Financial Results Summary

Release Date: November 19, 2025

The TJX Companies, Inc. (NYSE: TJX) has reported its financial results for the third quarter of Fiscal Year 2026, which ended on November 1, 2025. Below is a summary of key performance metrics and insights from the report.

• Net Sales:

• Total net sales reached $15.1 billion, a 7% increase compared to $14.1 billion in Q3 FY2025.

• Comparable Sales:

• Consolidated comparable sales grew by 5% in Q3 FY2026, surpassing the company’s expectations.

• Profitability:

• Pretax profit margin was 12.7%, which was 0.4 percentage points higher than the 12.3% margin recorded in Q3 FY2025.
• Gross profit margin improved by 1.0 percentage point, reaching 32.6%, up from 31.6% in the same quarter last year.

• Selling, general, and administrative (SG&A) costs increased by 0.6 percentage points to 20.1% of sales, compared to 19.5% a year ago. This rise was attributed to increased wages, contributions to the TJX Foundation, and higher incentive compensation accruals.

• Earnings:

• Net income for Q3 FY2026 was $1.4 billion, representing a $145 million rise from $1.3 billion in Q3 FY2025.

• Diluted earnings per share (EPS) were $1.28, marking a 12% increase from $1.14 in the prior year’s Q3.

• Cash Flow and Shareholder Returns:

• The company generated $1.5 billion in operating cash flow during the quarter.
• A total of $1.1 billion was returned to shareholders, consisting of:
  • $594 million used to repurchase 4.2 million shares of stock.
  • $472 million in cash dividends.

• Total shareholder returns for the first nine months of FY2026 reached $3.1 billion, with $1.7 billion in stock repurchases and $1.4 billion in dividends.

• Inventory Management:

• Total inventories were reported at $9.4 billion, an 8% increase from $8.4 billion in Q3 FY2025.

• Inventory per store basis reflected an 8% rise with a strong buying position aiding in assortment capture.

• Guidance Update:

• The company has raised its full-year guidance for FY2026, anticipating:

  • Consolidated comparable sales growth of 4%.
  • An expected pretax profit margin of 11.6%, up 0.1 percentage point year-over-year.
  • An increase in diluted EPS projected in the range of $4.63 to $4.66, a 9% increase from $4.26 last year.

• Division Performance:

• Comparable sales by division showed:

  • Marmaxx (U.S.): +6% (compared to +2% in Q3 FY2025).
  • HomeGoods (U.S.): +5% (up from +3%).
  • TJX Canada: +8% (up from +2%).
  • TJX International (Europe & Australia): +3% (down from +7%).

• Store Development:

• The company opened 57 new stores, increasing the total to 5,191 stores with a 1.0% increase in total gross square footage from the previous quarter.

• Currency Impact:

• The company reported that changes in foreign currency rates had a neutral impact on the Q3 net sales growth.
• A $0.01 positive impact on diluted EPS was noted due to currency fluctuations.

In conclusion, TJX Companies showcased strong performance in Q3 FY2026 with growth in sales, profitability, and shareholder returns while maintaining a favorable outlook for the remainder of the fiscal year.