TJX Q1 profit jumps 29% to $1.33B on 9.2% sales growth; tariff refunds uncertain

Filed May 29, 2026 · Period ending May 2, 2026 · Compared to 10-Q May 30, 2025 · ~1 min read

Key Changes

• high

  Net income rose 28.6% to $1.33B, with diluted EPS up 29.3% to $1.19, driven by higher sales and margin expansion.

  MD&A: Net income and EPS verify on EDGAR →
• high

  Net sales increased 9.2% to $14.3B, with pre-tax margin improving 1.7 points to 12.0%.

  MD&A: Net sales and margin verify on EDGAR →
• high

  TJX estimates it paid ~$490M in IEEPA tariffs invalidated by the Supreme Court; refund recovery is uncertain.

  MD&A: Tariff refunds verify on EDGAR →