The TJX Companies, Inc., a leading off-price apparel and home fashions retailer, released its first quarter Fiscal 2026 results, reporting net sales of $13.1 billion, marking a 5% increase compared to the first quarter of Fiscal 2025. The company's consolidated comparable sales rose by 3%, aligned with the high end of the company's plan, primarily driven by an increase in customer transactions. Net income for the first quarter of Fiscal 2026 was reported at $1.0 billion, with diluted earnings per share at $.92, slightly below the $.93 reported in the same quarter of the previous fiscal year. The pretax profit margin stood at 10.3%, exceeding the company's plan. Additionally, TJX returned $1.0 billion to shareholders through share repurchases and dividends during the first quarter. The company also maintained its full-year Fiscal 2026 guidance for comparable sales growth, pretax profit margin, and diluted earnings per share.
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