Overview
- Fourth-quarter net sales rose 9% to about $17.7 billion with comparable sales up 5% and adjusted EPS at $1.43, all ahead of estimates.
- For fiscal 2027, TJX guided to 2%–3% comparable sales growth and $4.93–$5.02 in EPS, below LSEG consensus figures, and projected pretax margin of 11.7%–11.8%.
- The company plans $2.5 billion to $2.75 billion of repurchases this year, approved a new $3 billion buyback authorization, and lifted the quarterly dividend roughly 13% to $0.48.
- Inventory ended the year at roughly $7.3 billion, up about 10% per store, which management described as clean and positioned to support fresh spring assortments.
- Shares slipped roughly 1%–2% following the release as investors weighed the conservative outlook against strong results and plans for global growth, including five inaugural stores in Spain and 24 new Sierra locations in FY27.