TJX Companies Inc. Reports 7% Sales Growth in Q2 2026

By Philip Seaworth • Friday, August 29 15:35 • Permanent Link

TJX Companies Inc. has reported its financial performance for the second quarter and first six months of fiscal 2026, ending August 2, 2025, compared to the same periods in fiscal 2025. Here are the key highlights from the 10-Q filing:

Net sales for the second quarter of fiscal 2026 increased by 7% to $14.4 billion compared to $13.5 billion in the second quarter of fiscal 2025. This growth was driven by a 4% increase in comparable sales and a 2% increase from non-comp sales, with a 1% positive impact from foreign currency.
Diluted earnings per share for the second quarter of fiscal 2026 were $1.10, up from $0.96 in the second quarter of fiscal 2025.
Pre-tax profit margin for the second quarter of fiscal 2026 was 11.4%, a 0.5 percentage point increase compared to 10.9% in the second quarter of fiscal 2025.
The cost of sales, including buying and occupancy costs, as a percentage of net sales decreased to 69.3% for the second quarter of fiscal 2026, down from 69.6% in the second quarter of fiscal 2025.
Selling, general and administrative expenses (SG&A) as a percentage of net sales decreased to 19.5% for the second quarter of fiscal 2026, down from 19.8% in the second quarter of fiscal 2025.
TJX Companies Inc. returned $1 billion to shareholders through share repurchases and dividends during the second quarter of fiscal 2026.
The company reported a 4% increase in comparable sales for both the second quarter and first six months of fiscal 2026, with home comp sales growth outperforming apparel comp sales growth.
The effective income tax rate was 24.5% for the second quarter of fiscal 2026 and 23.9% for the first six months of fiscal 2026.
The company continues to closely monitor changes in international trade relations, economic and monetary policies, and legislation and regulations, including those related to tariffs on imports from China and other countries.
TJX Companies Inc. also highlighted the impact of foreign currency exchange rates on its operating results, including translation foreign exchange and mark-to-market inventory derivatives.

Today the company's shares have moved -0.31% to a price of $136.695. For more information, read the company's full 10-Q submission here.

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