TJX reports Q1 beat with 29% EPS growth, raises full-year outlook on margin expansion

Filed May 20, 2026 · Period ending May 20, 2026 · ~1 min read

Key Changes

• high

  Q1 EPS of $1.19 jumped 29% year-over-year on 6% comp sales growth and 12.0% pretax margin, well above internal plan across all metrics.

  Exhibit 99.1 verify on EDGAR →
• high

  Pretax margin expanded 1.7 percentage points to 12.0% driven by higher merchandise margins, favorable inventory and fuel hedges, and expense leverage on above-plan sales.

  Exhibit 99.1 verify on EDGAR →
• high

  Raised full-year FY27 guidance: comp sales now 3–4%, pretax margin 11.9–12.0%, and EPS $5.08–$5.15, though not flowing through full Q1 beat due to higher fuel cost assumptions.

  Exhibit 99.1 verify on EDGAR →