TJX Companies, Inc. (NYSE: TJX), an off-price apparel and home fashion retailer, on Wednesday reported an increase in sales and earnings for the third quarter of fiscal 2026.
- Consolidated comparable sales increased 5% year-over-year in the third quarter, exceeding the company’s expectations
- Third-quarter net sales rose to $15.12 billion from $14.06 billion in the prior-year period
- Sales grew across all operating segments, with the core Marmaxx division recording a 7% rise
- At $1.44 billion, the October-quarter net income was up 11% from the year-ago quarter
- On a per-share basis, Q3 earnings increased to $1.28 from $1.14 last year
- For the fourth quarter of FY26, the company continues to expect consolidated comparable sales to be up 2% to 3%
- Pretax profit margin is expected to be in the range of 11.7% to 11.8% in Q4, and earnings per share to be in the range of $1.33 to $1.36
- For fiscal 2026, the management expects comparable sales to increase 4% YoY
- Full-year pre-tax margin is expected to be 11.6%, and earnings per share to be in the range of $4.63 to $4.66
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