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19.11.25 - 15:54
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Target Trims Profit Forecast, TJ Maxx Sees Sales Surge (Bloomberg)
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Target trimmed its profit forecast for the year as demand weakened and the big-box retailer saw "choppiness" across the business in the third-quarter. Meanwhile, TJX Cos., which runs discounter chains including TJ Maxx and Marshalls, posted stronger than expected sales and earnings. It's a signal shoppers are looking for more value as the economy shows signs of stress. Bloomberg retail reporter Emily Cohn reports. (Source: Bloomberg)...
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19.11.25 - 13:36
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The TJX Companies, Inc. Reports Q3 FY26 Results; Comp Sales Growth of 5%, Pretax Profit Margin of 12.7%, and Diluted EPS of $1.28 All Well Above Plan; Increases FY26 Comp Sales Growth, Pretax Profit Margin, and EPS Guidance (Business Wire)
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Q3 consolidated comparable sales increased 5%, well above the Company's plan
Q3 pretax profit margin of 12.7%, well above the Company's plan
Q3 diluted earnings per share of $1.28, up 12% and well above the Company's plan
Returned $1.1 billion to shareholders in Q3 through share repurchases and dividends
Increases full year FY26 comp sales growth, pretax profit margin, and diluted earnings per share guidance
FRAMINGHAM, Mass.--(BUSINESS WIRE)--The TJX Companies, Inc. (NYSE: TJX), the leading off-price apparel and home fashions retailer in the U.S. and worldwide, today announced sales and operating results for the third quarter ended November 1, 2025. Net sales for the third quarter of Fiscal 2026 were $15.1 billion, an increase of 7% versus the third quarter of Fiscal 2025. Third quarter Fiscal 2026 consolidated comparable sales increased 5%. Net income for the third quarter of Fiscal 2026 was $1.4 billion and diluted earnings per share were $1.28, up 12% versus $1.14 in the third quarter of Fiscal 202...
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