The TJX Companies, Inc. has reported its financial results for the third quarter of fiscal 2026, and the numbers are impressive. The company's net sales for the third quarter of fiscal 2026 were $15.1 billion, marking a 7% increase from the third quarter of fiscal 2025. The consolidated comparable sales for the same period increased by 5%. Net income for the third quarter of fiscal 2026 was $1.4 billion, and diluted earnings per share were $1.28, up 12% from the third quarter of fiscal 2025.
For the first nine months of fiscal 2026, net sales were $42.6 billion, a 7% increase from the first nine months of fiscal 2025. Consolidated comparable sales for the same period increased by 4%. Net income for the first nine months of fiscal 2026 was $3.7 billion, and diluted earnings per share were $3.30, up 9% from the first nine months of fiscal 2025.
The company also reported a 5% increase in comparable sales, which includes e-commerce, for the third quarter of fiscal 2026 across all divisions. This includes a 6% increase for Marmaxx (U.S.), 5% increase for HomeGoods (U.S.), 8% increase for TJX Canada, 3% increase for TJX International (Europe & Australia), and a 5% increase for TJX overall.
The company's pretax profit margin for the third quarter of fiscal 2026 was 12.7%, exceeding last year's third quarter pretax profit margin of 12.3%. The gross profit margin was 32.6%, up 1.0 percentage point versus last year. Selling, general, and administrative costs as a percent of sales for the third quarter of fiscal 2026 were 20.1%, a 0.6 percentage point increase versus last year.
The company's inventory for the third quarter reflects the terrific buying opportunities it saw, with total inventories as of November 1, 2025, at $9.4 billion, compared to $8.4 billion at the end of the third quarter of fiscal 2025.
During the third quarter of fiscal 2026, the company generated $1.5 billion of operating cash flow and ended the quarter with $4.6 billion of cash. The company returned a total of $1.1 billion to shareholders through share repurchases and dividends in the same quarter.
Looking ahead, the company is increasing its full year fiscal 2026 guidance, now expecting consolidated comparable sales to be up 4%, pretax profit margin to be 11.6%, and diluted earnings per share to be in the range of $4.63 to $4.66, representing a 9% increase over the prior year.
The company's CEO, Ernie Herrman, expressed his satisfaction with the third quarter performance and raised expectations for the full year, emphasizing the company's strong position in the market and potential for continued growth around the globe. As a result of these announcements, the company's shares have moved 0.28% on the market, and are now trading at a price of $145.58. Check out the company's full 8-K submission here.
