TJX Companies second quarter 2027 EPS beats estimates as comparable sales grew 4%

The TJX Companies reported second quarter fiscal 2027 net sales of $15.18 billion and diluted EPS of $1.36. While revenue was in line with expectations, the 4% consolidated comparable store sales growth and adjusted EPS of $1.22 exceeded analyst projections, prompting management to raise full-year guidance.

Key Highlights

• Consolidated comparable store sales increased 4% year-over-year, surpassing the 3% consensus estimate led by 7% growth in both the HomeGoods and International divisions.
• Adjusted pretax profit margin expanded to 11.9%, up 50 basis points from the prior year, despite a 20 basis point headwind from increased store wage and payroll costs.
• The company increased its full-year fiscal 2027 adjusted EPS guidance to a range of $5.15 to $5.20 and raised its long-term global store target to 7,500 locations.
• Shareholder returns totaled $1.3 billion for the quarter, including $798 million in share repurchases and $529 million in dividends.