TJX Q4 Revenue Up 8.5% to $17.74B; FY27 EPS Guidance Misses
TJX’s Q4 revenue rose 8.5% to $17.74 billion, beating estimates by 2.3%, while GAAP EPS of $1.58 topped forecasts by 14.3%. Fiscal 2027 EPS guidance of $4.98 at midpoint fell 3.6% short of consensus as same-store sales climbed 4% and operating margin widened to 13.3%.
1. Q4 CY2025 Results
TJX reported Q4 revenue of $17.74 billion, up 8.5% year over year and 2.3% above consensus estimates, with GAAP EPS of $1.58 delivering a 14.3% beat. Operating margin expanded to 13.3% and adjusted EBITDA reached $2.55 billion, surpassing forecasts by 7.5%.
2. Fiscal 2027 Guidance
The company forecast GAAP EPS of $4.98 for fiscal 2027 at the midpoint, missing consensus by 3.6%. Management cited strong early-quarter sales and plans to reinvest in inventory availability to sustain growth.
3. Operational Metrics
Same-store sales grew 4% year over year, while free cash flow margin improved to 15.2%. Store count reached 5,214 locations at quarter end, up from 5,085 a year earlier, reflecting ongoing geographic expansion.