TJX Companies Lifts 2026 Outlook

TJX Companies(NYSE:TJX) reported second quarter fiscal 2026 results on August 20, 2025, with comparable sales up 4% year-over-year, diluted earnings per share (EPS) of $1.10, up 15% year-over-year, and a pretax profit margin of 11.4% -- well above company guidance. Management raised full-year fiscal 2026 sales, margin, and EPS guidance, highlighting strength across all divisions, robust transaction trends, and aggressive global expansion plans. The following analysis details key aspects impacting the long-term investment thesis, including margin resilience under tariffs, global growth runway, and distinct customer value strategy. The fiscal year ends on January 31, 2026.Gross margin rose 30 basis points year-over-year, benefiting from favorable hedges, while operating SG&A decreased 30 basis points, aided by both expense timing and underlying efficiency gains. Inventory per store rose 10% year-over-year, reflecting aggressive merchandise purchasing amid strong product availability.Successful execution of cost controls and flexible sourcing strategies enabled TJX to deliver margin expansion and earnings outperformance despite persistent tariff headwinds and higher incentive costs, underscoring the company's resilient, adaptable business model.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool