TJX Companies

TJX Q3 2026 Earnings

Reported Nov 19, 2025 at 9:12 AM ET · SEC Source

Q3 26 EPS

$1.28

BEAT +4.95%

Est. $1.22

Q3 26 Revenue

$15.12B

BEAT +1.74%

Est. $14.86B

vs S&P Since Q3 26

-3.0%

TRAILING MARKET

TJX +7.5% vs S&P +10.4%

Market Reaction

Did TJX Beat Earnings? Q3 2026 Results

The TJX Companies delivered a standout third quarter of Fiscal 2026, posting earnings per share of $1.28 against a consensus estimate of $1.22, a beat of roughly 4.95%, while revenue of $15.12 billion ran 1.74% above expectations and grew 7.5% year o… Read more The TJX Companies delivered a standout third quarter of Fiscal 2026, posting earnings per share of $1.28 against a consensus estimate of $1.22, a beat of roughly 4.95%, while revenue of $15.12 billion ran 1.74% above expectations and grew 7.5% year over year, results that reinforced TJX's retail momentum in a mixed environment for the sector. The clearest driver behind the strength was a broad-based 5% rise in consolidated comparable sales, led by a 6% comp at Marmaxx and an 8% surge in TJX Canada, which combined with improved merchandise margins and lower freight costs to lift gross profit margin by a full percentage point to 32.6%. Pretax profit margin of 12.7% beat management's own plan by 0.6 percentage points, with diluted EPS rising 12% from $1.14 a year ago. Encouraged by the results and a strong start to the fourth quarter, management raised full-year FY26 guidance to diluted EPS of $4.63–$4.66, representing approximately 9% growth, while projecting Q4 comp sales up 2%–3% and continued ability to offset tariff headwinds at current levels.

Key Takeaways

  • 5% consolidated comparable sales growth with strength across every division
  • Higher merchandise margin driven by lower freight costs
  • Expense leverage on above-plan sales
  • Strong value proposition and treasure-hunt shopping experience drawing consumers
  • Outstanding merchandise availability in the marketplace
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TJX YoY Financials

Q3 2026 vs Q3 2025, source: SEC Filings

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TJX Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 26 Q4 26
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TJX Revenue by Geography

With YoY comparisons, source: SEC Filings

Q1 26 Q3 26

“I am extremely pleased with our third quarter performance and the excellent execution of our off-price business model by our teams across the Company. Sales, pretax profit margin, and earnings per share all exceeded our expectations. Overall comp sales grew 5%, with strength at every division. We believe this is a testament to our value proposition and treasure-hunt shopping experience, which continue to draw consumers to our retail banners worldwide.”

— Ernie Herrman, Q3 2026 Earnings Press Release