TJX's first quarter 2027 results beat expectations with 6% comparable sales growth and a 29% EPS increase.

The TJX Companies reported first quarter fiscal 2027 net sales of $14.3 billion and diluted EPS of $1.19, significantly exceeding analyst expectations. The strong performance prompted the company to increase its full-year outlook for comparable sales, profit margins, and EPS.

Key Highlights

• Consolidated comparable sales grew 6% year-over-year, well above the company's plan, with all divisions reporting strong growth and increased customer transactions.
• The HomeGoods (U.S.) division was a standout, with comparable sales increasing 9% versus the prior year.
• Pretax profit margin expanded by 1.7 percentage points to 12.0%, driven by higher merchandise margins and expense leverage on better-than-expected sales.
• TJX raised its full-year fiscal 2027 guidance, now expecting comparable sales growth of 3% to 4% and diluted EPS in the range of $5.08 to $5.15.