The TJX Companies (NYSE:TJX), the parent of T.J. Maxx, Marshalls, HomeGoods and other off-price retail chains, on Wednesday reported net income of $1.77 billion for its fiscal fourth quarter ended January 31, 2026.
The Framingham, Massachusetts-based company said it had a profit of $1.58 per share.
Earnings, adjusted for a net benefit related to a litigation settlement and associated expenses, were $1.43 per share, exceeding the average estimate of $1.39 per share from five analysts surveyed by Zacks Investment Research.
Revenue for the period totaled $17.74 billion, surpassing the consensus forecast of $17.45 billion from four analysts surveyed by Zacks and reflecting a 9% increase year over year.
Consolidated comparable sales rose 5%, well above the company's internal plan, driven by higher customer traffic across divisions.
For the full fiscal year 2026, TJX reported profit of $5.49 billion, or $4.87 per share.
Revenue reached $60.37 billion, marking the first time annual sales surpassed $60 billion, with consolidated comparable sales up 5% for the year.
Results benefited from strong demand for off-price apparel and home fashions amid value-seeking consumer behavior, expanded store footprint and operational efficiencies, though partially offset by a one-time net benefit of approximately $0.15 per share in the quarter (and $0.14 for the full year) from a credit card interchange fee litigation settlement.
For fiscal 2027, TJX expects diluted earnings per share in the range of $4.93 to $5.02.