TJX Companies — Feb 26, 2025 release

The Company’s first quarter Fiscal 2026 pretax profit margin and diluted earnings per share outlook is planned lower than the Company’s outlook for the last nine months of the year primarily due to a benefit from lower incentive compensation accruals planned in the last nine months of Fiscal 2026, a lapping of a benefit from a reserve release in the first quarter of Fiscal 2025, and the expected timing of certain expenses. The Company’s first quarter and Fiscal 2026 outlook implies that in the last nine months of Fiscal 2026, consolidated comparable store sales would be up 2% to 3%, pretax profit margin would be in the range of 11.6% to 11.7%, flat to up 0.1 percentage point versus the prior year, and diluted earnings per share would be in the range of $3.47 to $3.54, up 4% to 6% versus the prior year. Stores by Concept During the fiscal year ended February 1, 2025, the Company increased its store count by 131 stores overall to a total of 5,085 stores and increased square footage by 2% versus the prior year. Store Locations 1 FY2025 Gross Square Feet FY2025 (in millions) Beginning End Beginning End In the U.S.: TJ Maxx 1,319 1,333 35.7 36.0 Marshalls 1,197 1,230 33.7 34.4 HomeGoods 919 943 21.4 22.1 Sierra 95 117 2.0 2.4 Homesense 55 72 1.5 2.0 In Canada: Winners 302 307 8.2 8.4 HomeSense 158 160 3.7 3.8 Marshalls 106 109 2.8 2.9 In Europe: TK Maxx 644 655 17.9 18.1 Homesense 79 75 1.5 1.4 In Australia: TK Maxx 80 84 1.7 1.7 TJX 4,954 5,085 130.1 133.2 1 Store counts above include both banners within a combo or a superstore. 5 Impact of Foreign Currency Exchange Rates Changes in foreign currency exchange rates affect the translation of sales and earnings of the Company’s international businesses into U.S. dollars for financial reporting purposes. In addition, ordinary course, inventory-related hedging instruments are m