The Tjx 2026 Q3 Earnings Beats Expectations with 11.2% Net Income Growth

The Tjx (TJX) reported Q3 2026 earnings on Nov 19, 2025, surpassing Wall Street estimates for both revenue and EPS. The company raised full-year guidance, citing strong comp sales growth and improved profit margins.

Revenue

The Tjx’s total revenue surged 7.5% to $15.12 billion, driven by robust demand across all segments. Marmaxx led with 6% comp sales growth, followed by HomeGoods at 5%, while TJX Canada and TJX International reported 8% and 3% increases, respectively. This broad-based performance reflects the company’s value proposition and operational flexibility.

Earnings/Net Income

EPS rose 12.3% to $1.30, with net income climbing 11.2% to $1.44 billion. The 12.3% EPS growth underscores strong profitability and positive earnings momentum.

Post-Earnings Price Action Review

The strategy of buying TJX shares on the earnings release date and holding for 30 days delivered moderate performance, with a 23.5% return over 36 months. While the 30-day holding period provided some additional gain, the modest returns suggest a longer-term horizon or disciplined reinvestment approach may be more beneficial. The strategy showed resilience in volatile markets but lacked significant momentum, indicating that active trading or long-term fundamentals might yield better outcomes.

CEO Commentary

Ernie Herrman highlighted Q3’s 5% comp sales growth, driven by all divisions and geographies. He emphasized confidence in market share gains, operational flexibility, and plans to expand into new markets like Spain. The company returned $1.1 billion to shareholders via buybacks and dividends, reinforcing its commitment to capital allocation.

Guidance

TJX raised full-year 2026 guidance, expecting comp sales growth of 4%, total sales of $59.7–$59.9 billion, and diluted EPS of $4.63–$4.66 (up 9% year-over-year). Q4 targets include 2–3% comp sales, $17.1–$17.3 billion in sales, and $1.33–$1.36 EPS. Strategic priorities include holiday campaigns, tariff mitigation, and inventory optimization.

Additional News

The Tjx returned $1.1 billion to shareholders in Q3 via buybacks and dividends, reflecting strong capital allocation. CEO Ernie Herrman announced expansion plans into Spain, aiming to capitalize on the company’s global value proposition. Additionally, TJX outlined strategies to mitigate tariff pressures, leveraging strong inventory positions and holiday marketing to drive traffic. These moves underscore the company’s focus on long-term growth and shareholder returns.