TJX Companies Q4 EPS $1.43 Tops Estimates, FY27 EPS Guidance Below Consensus
The TJX Companies delivered Q4 adjusted EPS of $1.43 versus $1.39 expected, revenue of $17.7B (+9% YoY) and comparable sales growth of 5%. It forecast Q1 EPS of $0.97–$0.99 and full-year EPS of $4.93–$5.02 (midpoint $4.98), both below consensus, and guided full-year comparable sales growth to 2–3%.
1. Q4 Earnings Highlights
For the quarter ended January 31, TJX delivered adjusted EPS of $1.43 versus $1.39 consensus, revenue of $17.7 billion (up 9% year-over-year) and comparable sales growth of 5%, pushing annual sales past $60 billion for the first time.
2. Holiday and Full-Year Comparable Sales
Comparable sales rose 5% during the holiday period, leading the company to guide full-year comparable sales growth of 2%–3% for fiscal 2027.
3. Fiscal 2027 Guidance and Capital Returns
TJX projects first-quarter EPS of $0.97–$0.99 and fiscal 2027 EPS of $4.93–$5.02 (midpoint $4.98) versus $5.16 consensus, with pretax margin expected at 11.7%–11.8%. The board plans a 13% dividend increase to $0.48 per share and $2.50–$2.75 billion in share repurchases.