TJX Raises FY27 EPS Guidance to $5.08-$5.15 After Q1 EPS Surges 29%
TJX reported fiscal first-quarter net income of $1.33 billion and diluted EPS of $1.19, a 29% increase year-over-year, on $14.32 billion revenue that exceeded forecasts. The company raised full-year EPS guidance to $5.08–$5.15 and boosted comp sales, pretax margin, and share buyback targets.
1. Q1 Financial Results
TJX posted Q1 net income of $1.33 billion with diluted EPS of $1.19, up 29% year-over-year, on revenue of $14.32 billion. Same-store sales rose 6% and pretax profit margin expanded to 12.0%, surpassing company plans.
2. Upgraded Full-Year Guidance
Management raised full-year EPS guidance to a range of $5.08–$5.15, upgraded comp sales growth and pretax margin targets, and announced an increase in its share buyback program to support shareholder value.
3. Retail Performance Drivers
Stronger consumer demand at off-price banners such as T.J. Maxx and Marshalls drove traffic and margin expansion, while disciplined inventory management contributed to higher profitability.