Tyro Payments Reports FY2025 Earnings with EPS Surpassing Expectations, Revenue Down 2.1%

Tyro Payments reported FY25 revenue of AU$487.3m, down 2.1% from FY24, and net income of AU$17.8m, down 31% from FY24. Profit margin fell to 3.7% from 5.2% in FY24, and EPS dropped to AU$0.034 from AU$0.049 in FY24. Despite this, EPS beat analyst estimates by 24%. Revenue is forecast to grow 4.5% p.a. over the next three years.

Framingham, Mass., August 20, 2025 -- The TJX Companies, Inc. (NYSE: TJX), the leading off-price apparel and home fashions retailer in the U.S. and worldwide, today announced its second quarter (Q2) 2026 financial results. The company reported net sales of $14.4 billion, an increase of 7% compared to the second quarter of Fiscal 2025. Consolidated comparable sales increased by 4%, exceeding the company's plan. Net income for Q2 2026 was $1.2 billion, with diluted earnings per share (EPS) of $1.10, up 15% from the prior year [1].

The company's pretax profit margin of 11.4% for Q2 2026 was well above its plan and 0.5 percentage points higher than the same period last year. Gross profit margin improved to 30.7%, driven by favorable hedges. Despite higher tariff costs, merchandise margin remained flat. Selling, general, and administrative (SG&A) costs as a percent of sales decreased to 19.5%, primarily due to operational efficiencies [1].

For the first half of Fiscal 2026, net sales were $27.5 billion, an increase of 6% compared to the first half of Fiscal 2025. Consolidated comparable sales for the period increased by 4%. Net income for the first half of Fiscal 2026 was $2.3 billion, with diluted EPS of $2.02, up 7% from the prior year [1].

CEO and President Ernie Herrman expressed satisfaction with the company's performance, noting that strong sales and profit margins were achieved despite various economic environments. He attributed the success to the company's value offerings and brands, which continue to attract customers. The company has raised its full-year guidance for both pretax profit margin and EPS, reflecting its strong Q2 performance [1].

In the second quarter of Fiscal 2026, the company returned a total of $1.0 billion to shareholders through share repurchases and dividends. During the first half of the fiscal year, the company returned $2.0 billion to shareholders. The company expects to repurchase approximately $2.0 to $2.5 billion of its stock during Fiscal 2026, depending on various factors [1].

The company's third quarter and full-year Fiscal 2026 guidance assumes that current tariffs on imports into the U.S. will remain in place. For the third quarter, the company expects comparable sales to increase by 2% to 3%, with pretax profit margin projected to be in the range of 12.0% to 12.1%, and diluted EPS to be between $1.17 and $1.19. For the full year, the company now expects comparable sales to increase by 3%, with pretax profit margin projected to be in the range of 11.4% to 11.5%, and diluted EPS to be between $4.52 and $4.57 [1].

References:
[1] https://finance.yahoo.com/news/tjx-companies-inc-reports-q2-113000201.html