The TJX Companies, Inc. (TJX) said its first-quarter pretax profit margin and earnings per share, each on an adjusted basis, exceeded its plans even though sales were slightly below planned range. Adjusted pretax margin was 9.4%, excluding a 1.9 percentage point charge related to a write-down of the minority investment in Familia. The company's U.S. comparable store sales were flat, for the quarter. The largest division, Marmaxx, delivered a comp store sales increase of 3%, driven by an increase in customer traffic.
For the second quarter, TJX is planning U.S. comparable store sales to be down 1% to down 3%. Earnings per share is projected to be in the range of $0.65 to $0.69.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.