The Tjx 2026 Q3 Earnings Strong Performance as Net Income Surges 11.2%

The Tjx (TJX) reported robust fiscal 2026 Q3 results, with revenue and earnings exceeding expectations. The company raised full-year guidance, signaling confidence in sustained growth.

Revenue

TJX’s total revenue surged 7.5% to $15.12 billion in Q3 2026, driven by strong performance across all divisions. Marmaxx led the charge with $9.04 billion in sales, followed by HomeGoods’ $2.54 billion. TJX Canada contributed $1.49 billion, while TJX International added $2.05 billion. The company’s value proposition resonated with consumers, as all segments reported double-digit comp sales growth.

Earnings/Net Income

Earnings per share (EPS) rose 12.3% to $1.30, with net income climbing 11.2% to $1.44 billion. This outperformance reflects disciplined cost management and higher merchandise margins. The EPS increase underscores TJX’s ability to convert sales growth into profitability.

Price Action

Post-earnings, TJX shares dipped 3.12% in the latest trading day but gained 1.73% month-to-date. The stock’s mixed short-term performance contrasts with long-term investor optimism.

Post-Earnings Price Action Review

The strategy of purchasing TJX shares following its revenue beat and holding for 30 days generated $1.77 billion in cumulative returns over three years, with an average annual gain of 20%. This highlights the market’s responsiveness to TJX’s earnings momentum.

CEO Commentary

CEO Ernie Herrman praised the team’s execution, noting strong comp sales growth of 5% and improved pretax margins. He emphasized confidence in the holiday season’s performance, driven by strategic inventory positioning and brand value.

Guidance

TJX raised its full-year EPS guidance to $4.63–$4.66, up from $4.52–$4.57. For Q4, it expects comp sales growth of 2%–3% and EPS of $1.33–$1.36. These updates reflect optimism about consumer demand and operational efficiency.

Additional News

TJX returned $1.1 billion to shareholders in Q3 through $594 million in share repurchases and $472 million in dividends. The company’s stock repurchase program, funded by strong cash flow, signals confidence in its long-term value. No major M&A activity or C-level changes were announced.