TJX Companies, Inc. (TJX) Q1 2027 Financial Results Summary

Release Date: Wednesday, May 20, 2026

The TJX Companies, Inc. (NYSE: TJX), a leading off-price retailer, announced its financial results for the first quarter of Fiscal 2027, which ended on May 2, 2026. The results showed significant growth across various financial metrics compared to the same period last year.

Key Financial Metrics

• Net Sales: Fiscal 2027 Q1: $14.3 billion, up 9% from $13.1 billion in Fiscal 2026 Q1.
• Comparable Sales: Q1 FY27: 6% increase, compared to 3% last year.
• Net Income: Q1 FY27: $1.3 billion, up 28.7% from $1.036 billion in Q1 FY26.
• Diluted Earnings Per Share (EPS): Q1 FY27: $1.19, up 29% from $0.92 in the same quarter last year.
• Pretax Profit Margin: Q1 FY27: 12.0%, up 1.7 percentage points from 10.3% in Q1 FY26.
• Gross Profit Margin: Q1 FY27: 31.3%, up 1.8 percentage points from 29.5% last year.
• Selling, General and Administrative (SG&A) Costs: As a percentage of sales: 19.5%, a slight increase of 0.1 percentage points from 19.4% in FY26 Q1.
• Operating Cash Flow: Generated $1.1 billion during Q1 FY27.
• Total Cash: At end of Q1 FY27: $5.6 billion, up from $4.3 billion in Q1 FY26.

Shareholder Returns

• Share Repurchases: The company repurchased 3.8 million shares for a total of $604 million during the quarter.
• Dividends Paid: Total dividends paid: $471 million.
• Total Return to Shareholders: For Q1, the company returned a total of $1.1 billion through the combination of share repurchases and dividends.

Updated Outlook

• FY27 Full Year Forecast:
• Comparable Sales Growth: Increased to 3% to 4% from previous estimates.
• Pretax Profit Margin: Expected to range between 11.9% to 12.0%.
• Diluted EPS: Updated to $5.08 to $5.15.
• Share Buyback Program: Increased the buyback range to $2.75 to $3.0 billion for the fiscal year.

Division Performance

• Comparable Sales Growth by Division (FY27 vs. FY26):
• Marmaxx (U.S.): +6% (compared to +2%).
• HomeGoods (U.S.): +9% (compared to +4%).
• TJX Canada: +7% (compared to +5%).
• TJX International (Europe & Australia): +4% (compared to +5%).
• Net Sales by Division (FY27 vs. FY26 in million $):
• Marmaxx: $8,650 (up 7%), last year $8,052.
• HomeGoods: $2,506 (up 11%), last year $2,254.
• TJX Canada: $1,285 (up 12%), last year $1,144.
• TJX International: $1,882 (up 13%), last year $1,661.

Inventory Management

• Total Inventory: As of May 2, 2026, $7.7 billion, an increase of 8.2% from $7.1 billion a year prior.
• Inventory per Store: Up 7% (reported) and 6% on a constant currency basis.

Store Expansion

• Total Store Count: Increased by 48 stores to 5,262 during the quarter.
• Square Footage Growth: Total gross square footage increased by 0.8%.

Conclusion

Overall, TJX Companies, Inc. experienced significant growth in key financial metrics in Q1 FY27, exceeding expectations in net sales, net income, EPS, and pretax profit margin. The company's focus on off-price retailing and strategic initiatives to enhance shareholder value appear to position it well for continued success as it navigates the changing retail landscape.

Note: All amounts in the following tables are in millions.

May 2, 2026	May 3, 2025
$14,323	$13,111
9,843	9,246
2,794	2,549
-35	-30
1,721	1,346
389	310
$1,332	$1,036
$1.19	$0.92
$0.480	$0.425
1,120	1,132

May 2, 2026	May 3, 2025
$5,580	$4,255
1,385	1,213
7,675	7,127
14,640	12,595
8,447	7,554
11,025	9,924
97	95
1,949	1,690
$36,158	$31,858
$4,854	$4,414
5,288	4,753
1,714	1,660
999	—
12,855	10,827
1,123	972
310	154
9,596	8,535
1,871	2,867
10,403	8,503
$36,158	$31,858

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