HighGravityData

TJX Companies — May 21, 2025 release

Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000109198-25-000037
Open on SEC.gov ↗
Showing in the filing
Pretax profit margin
“11.3% to 11.4%”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 9
Share repurchases for FY2026
“approximately $2.0 to $2.5 billion”
Stock repurchases for FY2026
“approximately $2.0 to $2.5 billion”
Consolidated comparable sales for Q2 FY2026
“up 2% to 3%”
Pretax profit margin for Q2 FY2026
“10.4% to 10.5%”
Diluted earnings per share for Q2 FY2026
“$.97 to $1.00”
Pretax profit margin for FY2026
“11.3% to 11.4%”
Diluted earnings per share for FY2026
“$4.34 to $4.43”
Foreign currency exchange and transactional … for FY2026
“approximately 0.2 percentage point negative impact”
Foreign currency exchange impact to earnings… for FY2026
“approximately 3% negative impact”
Exhibit 99.1 · the passage around this item
… earlier in the release
The Company’s second quarter Fiscal 2026 outlook includes an incremental negative impact from tariff costs on the merchandise it was committed to at the time additional tariffs were announced in March and April of 2025. For the full year Fiscal 2026, the Company continues to expect consolidated comparable sales to be up 2% to 3%. The Company continues to plan 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 continues to expect full year Fiscal 2026 diluted earnings per share to be in the range of $4.34 to $4.43, which would represent a 2% to 4% increase over the prior year’s $4.26. For the full year Fiscal 2026, the Company is maintaining its assumption that unfavorable foreign currency exchange rates and transactional foreign exchange would have an approximately 0.2 percentage point negative impact to pretax profit margin and an approximately 3% negative impact to earnings per share growth. 3 Stores by Concept During the fiscal quarter ended May 3, 2025, the Company increased its store count by 36 stores overall to a total of 5,121 stores and increased total square footage by 0.6% versus the prior quarter. Store Locations 1 First Quarter FY2026 Gross Square Feet First Quarter FY2026 (in millions) Beginning End Beginning End In the U.S.: TJ Maxx 1,333 1,338 36.0 36.1 Marshalls 1,230 1,234 34.4 34.5 HomeGoods 943 950 22.1 22.2 Sierra 117 123 2.4 2.5 Homesense 72 75 2.0 2.1 In Canada: Winners 307 310 8.4 8.5 HomeSense 160 161 3.8 3.8 Marshalls 109 110 2.9 2.9 In Europe: TK Maxx 655 662 18.1 18.3 Homesense 75
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.