TJX reported net sales for Q1 of $14.3bn, whilst net income was $1.3bn and diluted earnings per share were $1.19, up from $0.92 in Q1 2026.
TJX CEO Eric Herman said the company’s growth was driven by an increase in “customer transactions,” with comparable store sales rising 6% on a consolidated basis
HomeGoods led the way with a 9% comparable sales gain, followed by TJX Canada at 7% and Marmaxx, which includes T.J. Maxx and Marshalls, at 6%. International operations posted 4% comparable growth.
TJX’s divisions also experienced an increase in net sales in Q1. Marmaxx jumped 7% to $8,650, Homegoods increased 11% to $2,506, and TJX Canada and TJX International saw the biggest jumps by 12% ( $1,285) and 13% ($1,882). Herman noted that favourable buying conditions had benefited the business, with strong availability of branded merchandise in the wholesale market allowing the company to source premium products at lower costs and support merchandise margins.