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TJX Cos. Surges with 5% Comp Sales Growth Despite Cautious Outlook

TJX Cos., the parent company of T.J. Maxx, Marshall’s, and HomeGoods, reported a robust holiday quarter with a 5% increase in comparable sales, surpassing Wall Street’s expectations of 3.1%. The company’s net income for the fiscal 2025 fourth quarter was $1.40 billion, or $1.23 per share, nearly identical to the previous year’s $1.40 billion, or $1.22 per share. Sales remained steady at $16.35 billion, compared to $16.41 billion the year before, despite having one less selling week. For the full fiscal year, TJX’s sales grew by 4% to $56.4 billion. However, the company issued a cautious outlook for fiscal 2026, projecting a 2% to 3% rise in comparable sales, below the expected 3.4%, and earnings per share between $4.34 and $4.43, under the anticipated $4.59. TJX also noted that a strong U.S. dollar and unfavorable exchange rates could impact earnings growth by 3%. Despite these projections, TJX’s shares rose over 3% in premarket trading.

Source: www.cnbc.com

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