EarningsQ2 2027 Earnings Report
MX:TJX Q2 2027 EPS Results
Actual EPS$22.16
Consensus EPS$21.59
Beat/MissBeat by +$0.56
One Year Ago EPS$19.98
MX:TJX Q2 2027 Revenue Results
Actual Revenue$275.69B
Expected Revenue$275.40B
Beat/MissBeat by +$287.93M
YoY Revenue Growth+5.41%
Earnings Announcement Details
QuarterQ2 2027
Date08/19/2026
TimeBefore Open
Conference CallWednesday, August 19, 2026
MX:TJX Upcoming Earnings
TJX Companies's next earnings date is estimated for November 18, 2026, based on past reporting schedules.
Q2 2027 Earnings Call Audio
MX:TJX Q2 2027 Earnings Call
0:00 / 0:00
Q2 2027 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2027 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a predominantly positive picture: consolidated comps and profitability exceeded plan, EPS rose double digits, multiple divisions (HomeGoods, Canada, International) delivered strong comps and margin expansion, management raised full-year guidance, and increased long-term store opportunity alongside large digital engagement. Headwinds are concentrated: Marmaxx execution/mix issues (self‑inflicted but being addressed), near-term gross margin pressure from higher fuel/freight, modest wage-driven SG&A pressure, and reporting complexity from tariff refunds. Management expressed confidence in fixes and a strong start to Q3, and the positive operational and financial developments notably outweigh the contained lowlights.Company Guidance
Consolidated Comparable Sales Beat
Consolidated comparable sales +4% in Q2, above the company's plan; growth driven by higher average basket and increased customer transactions, with home categories outperforming apparel.
Improved Profitability and EPS
Adjusted pretax profit margin 11.9% (up 50 bps YoY); adjusted gross margin 31.4% (up 70 bps YoY); adjusted diluted EPS $1.22 (up 11% YoY). Management raised full-year outlook for pretax profit margin and EPS.
HomeGoods Strong Performance
HomeGoods comp sales +7% (driven by higher basket and transactions); adjusted segment profit margin 12.4% (up 240 bps YoY); broad strength across HomeGoods/HomeSense banners and categories, with notable merchandising and store execution.
Canada and International Momentum
TJX Canada comps +6% with adjusted segment profit margin 16.3% (up 30 bps on constant currency); TJX International comps +7% with margin 7.3% (up 210 bps on constant currency). Opened 2nd TK Maxx in Spain with positive response.
Inventory Position & Product Availability
Consolidated inventory up 7% (inventory per store up 2%); management reports product availability as "off the charts" and sees plentiful buying opportunities to support growth.
Capital Return and Balance Sheet Actions
Returned $1.3 billion to shareholders in Q2 via buybacks and dividends; plan to pay off a $1 billion note maturing in September (net interest expected neutral to margin).
Accelerated Long-Term Store Growth Opportunity
Raised long-term store growth potential by 500 stores to 7,500 total (new capacity includes +300 Marmaxx, +200 HomeGoods); plan to accelerate store openings to ~4% annually starting next year.
Strong Digital & Marketing Engagement
First half produced ~1.1 billion paid video views across Facebook, Instagram, TikTok, Pinterest and YouTube (including 300M+ for HomeGoods); video completion rates above industry benchmarks, supporting customer engagement and marketing reach.
Raised Full-Year Financial Targets
Full-year consolidated sales guidance $63.4B–$63.8B (up 5%–6% YoY); full-year adjusted pretax profit margin guidance raised to 12.0%–12.1% (up 30–40 bps YoY); full-year adjusted diluted EPS raised to $5.15–$5.20 (up 9%–10% YoY).
MX:TJX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed