TJX Companies (NYSE: TJX) Posts Q1 FY27 EPS of $1.19, Raises Full-Year Guidance

The TJX Companies, Inc. (NYSE: TJX) reported first-quarter Fiscal 2027 results on May 20, 2026, delivering diluted EPS of $1.19 against the consensus estimate of $1.03 — a beat of $0.16 — while raising its full-year guidance on comparable sales growth, pretax profit margin, EPS, and share buybacks. Net sales reached $14.3 billion for the quarter, a 9% increase versus the same period in Fiscal 2026. Shares were trading up more than 4.6% in pre-market activity on May 20.

Q1 FY27 Results

• Net sales came in at $14.3 billion, up 9% year over year versus Q1 Fiscal 2026.
• Diluted EPS of $1.19 represents a 29% increase compared to the prior-year quarter and exceeded the $1.03 analyst estimate.
• Comparable store sales grew 6% in the quarter, described by the company as well above plan.
• Pretax profit margin reached 12.0% for the quarter, also ahead of internal targets.
• Full-year guidance was raised across comparable sales growth, pretax profit margin, EPS, and share buyback commitments.

What Drove the Results

TJX attributed performance across all key metrics — comp sales, pretax margin, and EPS — as coming in well above its own plan, suggesting broad-based execution rather than strength in a single business line. The 9% net sales increase alongside a 6% comp sales gain indicates the company benefited from both traffic-driven volume and new or expanded store contributions. The simultaneous raise across four guidance categories — comp sales growth, pretax profit margin, EPS, and share buybacks — points to management's confidence that Q1 momentum is sustainable through the remainder of Fiscal 2027.

The increase in the share buyback guidance is a notable capital allocation signal, indicating TJX intends to return additional cash to shareholders beyond its previously communicated plan. The combination of a margin expansion story and a buyback raise reinforces the operational leverage the company described in its official results filing with the SEC on May 20, 2026.

Wall Street View

As of the May 1, 2026 consensus snapshot, analyst sentiment on TJX skewed firmly positive: 11 Strong Buy ratings, 10 Buy ratings, 3 Hold ratings, and 1 Sell — a distribution unchanged from the prior April 1 consensus. No new price targets are available in conjunction with this earnings release, but the existing analyst alignment toward Buy and Strong Buy reflects the standing regard for the company's business model heading into this report.

Investor Takeaway

TJX delivered a quarter that beat on EPS by a meaningful margin and came in ahead of its own internal targets on both comp sales and pretax profitability, then followed that with an across-the-board guidance raise. With Wall Street already leaning heavily bullish — 21 of 25 tracked analysts at Buy or Strong Buy as of May 1 — the Q1 FY27 results provide the concrete fundamental data point that consensus had been anticipating. Investors will now look to whether the raised full-year guidance proves conservative or reflects the true ceiling of FY27 performance.