TJX Companies — Feb 26, 2025 release
Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000109198-25-000006
Showing in the filing
Stock repurchase program
“up to an additional $2.5 billion”
Period
No period stated
Measure
Declared action
Source
Prose
All guidance in this release · 16
Regular quarterly dividend per share for FY2025
“$.425 per share”
Dividend increase for FY2026
“13% increase”
Share repurchases for FY2026
“approximately $2.0 to $2.5 billion”
Stock repurchases for FY2026
“approximately $2.0 to $2.5 billion”
New stock repurchase program authorization
“up to an additional $2.5 billion”
Stock repurchase program
“up to an additional $2.5 billion”
Consolidated comparable store sales for Q1 FY2026
“up 2% to 3%”
Consolidated comparable store sales (implied… for FY2026
“up 2% to 3%”
Pretax profit margin for FY2026
“11.3% to 11.4%”
Diluted earnings per share for FY2026
“$4.34 to $4.43”
Foreign currency exchange impact to pretax p… for FY2026
“approximately 0.2 percentage point negative impact”
Foreign currency exchange impact to earnings… for FY2026
“approximately 3% negative impact”
Pretax profit margin for Q1 FY2026
“10.0% to 10.1%”
Diluted earnings per share for Q1 FY2026
“$.87 to $.89”
Pretax profit margin (implied last nine mont… for FY2026
“11.6% to 11.7%”
Diluted earnings per share (implied last nin… for FY2026
“$3.47 to $3.54”
Exhibit 99.1 · the passage around this item
… earlier in the release
The Company is also announcing today its plan to repurchase approximately $2.0 to $2.5 billion of TJX stock during the fiscal year ending January 31, 2026. With $1.1 billion remaining at Fiscal 2025 year end under the Company’s existing stock repurchase program, the Company’s Board of Directors approved a new stock repurchase program that authorizes the repurchase of up to an additional $2.5 billion of TJX common stock from time to time. The new authorization represents approximately 1.8% of the Company’s outstanding shares at current prices. The new stock repurchase program marks the 25 th program approved by the Board since 1997. Under the Company’s repurchase programs, share repurchases may be made from time to time in market or private transactions and may include derivative transactions. The repurchase program announced today has no time limit and may be suspended or discontinued at any time. The Company may adjust the amount purchased under this program up or down depending on various factors. The Company remains committed to returning cash to its shareholders while continuing to invest in the business to support the near- and long-term growth of TJX. 4 Full Year and First Quarter Fiscal 2026 Outlook For the full year Fiscal 2026, the Company is planning consolidated comparable store sales to be up 2% to 3%. The Company is planning full year Fiscal 2026 pretax profit margin to be in the range of 11.3% to 11.4%, down 0.1 to 0.2 percentage points versus the prior year’s 11.5%. The Company is planning full year Fiscal 2026 diluted earnings per share to be in the range of $
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.