Earnings Call
May 20, 2026
Q2 FY2026
EPS Estimate
1.00
EPS Actual
1.10
Post-Earnings Close
$159.21
Earnings Reaction
+5.7%
TJX delivered a standout second quarter for fiscal 2026, with every major financial metric coming in above plan and management raising full-year profitability and EPS guidance as a result. Diluted EPS of $1.10 rose 15% year-over-year and cleared the $1.00 consensus estimate by a meaningful margin, while consolidated comp sales grew 4%, driven entirely by transaction increases across every division. Pre-tax profit margin of 11.4% expanded 50 basis points versus the prior year and landed 90 basis points above the high end of management's own plan, a gap that reflects a combination of lower-than-expected tariff costs, expense leverage on above-plan sales, and favorable timing on certain expense items. Revenue came in at approximately $14.1 billion, modestly ahead of the roughly $14.0 billion estimate.
Report generated on May 19, 2026
AI-generated earnings analysis. Not investment advice.
Chief Executive Officer
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
Read the full TJX analysis
The complete report, with key themes, analyst Q&A summary, notable quotes, and market context — is free with an account. No password, no card.