The TJX Companies, Inc. reported robust financial results for the third quarter of Fiscal 2026, showcasing its continued strength as a leading off-price retailer. For the quarter ending November 1, 2025, the company achieved net sales of $15.1 billion, marking a 7% increase compared to the same period in Fiscal 2025. Additionally, consolidated comparable sales rose by 5%, underscoring the strong demand across its retail banners.
The company posted a net income of $1.4 billion, translating to diluted earnings per share of $1.28, which reflects a 12% increase from $1.14 in the third quarter of the previous fiscal year. TJX’s first nine months of Fiscal 2026 also demonstrated solid growth with net sales of $42.6 billion, a 7% increase from the same timeframe last year, and a consolidated comparable sales growth of 4%.
Ernie Herrman, CEO and President of TJX, expressed satisfaction with the company’s performance, stating that the results exceeded expectations in sales, pretax profit margin, and earnings per share. Herrman attributed this success to the effective execution of the off-price business model and highlighted the increasing appeal of their value proposition, which he believes will support growth ahead.
The third quarter saw impressive comparable sales across various divisions, with Marmaxx (U.S.) recording a 6% increase and HomeGoods (U.S.) posting an 8% increase. Notably, TJX Canada experienced an 8% growth, indicating strong performance internationally. The company’s pretax profit margin stood at 12.7%, slightly up from 12.3% last year, bolstered by reduced freight costs and efficient expense management.
In the area of inventory, TJX reported total inventories of $9.4 billion, up 8% compared to the previous year. This increase reflects favorable conditions in the marketplace, enabling the company to provide a broad selection of products and gifts this holiday season.
TJX generated $1.5 billion in operating cash flow during the quarter and returned $1.1 billion to shareholders through stock repurchases and dividends. Lookingahead, the company has raised its expectations for the full fiscal year, projecting consolidated comparable sales to grow by 4%, and expects diluted earnings per share to range between $4.63 and $4.66.
Overall, with a strong start to the holiday season and a commitment to delivering value to shoppers, TJX is well-positioned to continue capturing market share in the retail sector as it moves forward into the next fiscal quarter.