The TJX Companies, Inc. has reported strong financial results for the second quarter of fiscal 2026. The company's net sales for the quarter were $14.4 billion, a 7% increase compared to the second quarter of fiscal 2025. The consolidated comparable sales also saw a positive growth of 4% in the second quarter of fiscal 2026, surpassing the company's plan.
The pretax profit margin for the second quarter of fiscal 2026 was reported at 11.4%, which exceeded the company's plan and showed an increase of 0.5 percentage points compared to the second quarter of fiscal 2025. Additionally, the diluted earnings per share for the quarter were $1.10, marking a 15% increase from the same period in fiscal 2025.
For the first half of fiscal 2026, the company's net sales were $27.5 billion, a 6% increase compared to the first half of fiscal 2025. The consolidated comparable sales for the first half of fiscal 2026 also showed a 4% increase.
The company's CEO and President, Ernie Herrman, expressed satisfaction with the performance, highlighting that sales, pretax profit margin, and earnings per share all surpassed the company's plan. He attributed the strong performance to the appeal of the company's values and brands to consumers across different retail and economic environments.
TJX's return of $1.0 billion to shareholders in the second quarter through share repurchases and dividends reflects the company's commitment to delivering value to its shareholders. The company also reported generating $1.8 billion of operating cash flow during the second quarter of fiscal 2026 and ended the quarter with $4.6 billion of cash.
Looking ahead, TJX raised its full-year guidance for both pretax profit margin and earnings per share. The company now expects consolidated comparable sales to be up 3% for the full year fiscal 2026. It is also increasing its outlook for pretax profit margin to be in the range of 11.4% to 11.5%, and raising its diluted earnings per share outlook to be in the range of $4.52 to $4.57, representing a 6% to 7% increase over the prior year.
The company's performance was also reflected in its store count, which increased by 13 stores overall to a total of 5,134 stores during the fiscal quarter ended August 2, 2025. The company's strong financial standing and positive outlook for the full year fiscal 2026 indicate its resilience and growth in the retail market. As a result of these announcements, the company's shares have moved 3.2% on the market, and are now trading at a price of $138.93. For the full picture, make sure to review TJX COMPANIES INC /DE/'s 8-K report.
