TJX beats Q3 FY26 earnings, raises full-year EPS and comp-sales guidance on 5% comp growth

What happened

The TJX Companies reported third-quarter fiscal 2026 results that beat on every major metric: net sales of about $15.1 billion (+7% y/y) vs. ~$14.85B consensus, consolidated comparable sales of +5% vs. ~+3.7% expected and the company's own +2% to +3% plan, and diluted EPS of $1.28 (+12% y/y) vs. ~$1.22-$1.23 expected. Pretax margin widened 40 bps to 12.7%, ~60 bps above the high end of plan, driven by ~100 bps of gross-margin expansion to ~32.6%. Management raised full-year FY26 guidance: EPS to $4.63-$4.66 (from $4.52-$4.57) and full-year comps to ~+4% (from +3%).

Who’s affected

• TJX (T.J. Maxx, Marshalls, HomeGoods) — beat across sales, margins, EPS; shares rose 2.5-3% to high-$140s on the report; off-price retail peers (Ross Stores, Burlington) get a positive read-through on consumer trade-down.

Sources

ts2.tech