TJX Companies Inc (NYSE:TJX) posted strong Q4 results on Wednesday morning, exceeding expectations on sales and profitability, but a lower comparable sales outlook than market forecasts.
The owner of off-price retail chains including TJ Maxx and Marshalls reported fourth-quarter net sales of $16.4 billion for the 13-week period ending January 31, 2025, matching the previous year's 14-week quarter.
Diluted earnings per share (EPS) for the quarter were $1.23, surpassing the company's expectations and exceeding analyst forecasts of $1.17, according to LSEG data.
Consolidated comparable store sales increased by 5%, driven entirely by higher customer traffic, indicating robust consumer demand during the holiday season.
For the full fiscal year 2025, TJX achieved over $56 billion in sales and a 4% rise in comparable store sales. Each division reported comparable store sales growth of 4% or more.
Looking ahead, TJX forecasts fiscal 2026 comparable store sales growth of 2% to 3%, below market expectations of a 3.72% increase. The company plans to repurchase $2 billion to $2.5 billion of its stock in the fiscal year ending January 2026.
TJX shares were up approximately 2.1% as of Wednesday morning.