The TJX Companies Q4 Sales Up 9%, Comp Sales +5%; Announces 13% Dividend Hike and $2.5–2.75B Buyback
TJX reported Q4 net sales of $17.7 billion (+9%), with comparable sales up 5% and pretax margin at 13.5%, driving diluted EPS of $1.58 (+28%). For fiscal 2026, EPS rose 14% and the company plans a 13% dividend increase alongside a $2.5–$2.75 billion share buyback in FY27.
1. Q4 and Full-Year FY26 Results
TJX reported fourth-quarter net sales of $17.7 billion, up 9% year-over-year, with consolidated comparable sales growth of 5% and a pretax profit margin of 13.5%, up 1.9 points. Diluted EPS rose 28% to $1.58. For fiscal 2026, net sales reached $60.4 billion (+7%), pretax margin climbed to 12.1%, and diluted EPS grew 14% to $4.87.
2. Capital Return Plans for FY27
The company plans to increase its dividend by 13% and deploy $2.50–$2.75 billion for share repurchases in fiscal 2027. In FY26, TJX returned $4.3 billion to shareholders via dividends and buybacks, underscoring its commitment to shareholder cash returns.
3. Division-Level Comparable Sales Growth
In Q4, U.S. Marmaxx stores saw comp sales +5%, HomeGoods +6%, TJX Canada +7%, and TJX International (Europe & Australia) +4%. For the full year, comparable sales rose 4% at Marmaxx, 5% at HomeGoods, 7% at Canada, and 4% internationally.