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Aug 03, 2024

TJX Q2 2025 Earnings Report

Reported Q2 FY25 results with comp store sales growth, pretax profit margin, and diluted EPS above plan, and raised FY25 pretax profit margin and EPS guidance.

Key Takeaways

TJX Companies reported a strong second quarter in fiscal year 2025, with net sales increasing by 6% to $13.5 billion and a consolidated comparable store sales increase of 4%. Diluted earnings per share rose by 13% to $0.96, and the company returned $982 million to shareholders through share repurchases and dividends. The company has raised its full-year guidance for pretax profit margin and earnings per share.

Consolidated comparable store sales increased 4%, driven by an increase in customer transactions.

Pretax profit margin was 10.9%, up 0.5 percentage points versus last year.

Diluted earnings per share were $0.96, up 13% versus last year.

Returned $982 million to shareholders through share repurchases and dividends.

Total Revenue
$13.5B
Previous year: $12.8B
+5.6%
EPS
$0.96
Previous year: $0.85
+12.9%
Comp Store Sales Growth
4%
Previous year: 6%
-33.3%
Gross Profit
$4.1B
Previous year: $3.85B
+6.7%
Cash and Equivalents
$5.25B
Previous year: $4.55B
+15.4%
Free Cash Flow
$1.07B
Previous year: $882M
+20.9%
Total Assets
$30.6B
Previous year: $28.9B
+5.6%

TJX

TJX

TJX Revenue by Segment

Forward Guidance

The Company is planning for Q3 2025 consolidated comparable store sales to be up 2% to 3%, pretax profit margin to be in the range of 11.8% to 11.9%, and diluted earnings per share to be in the range of $1.06 to $1.08. For the full year Fiscal 2025, the Company is now planning consolidated comparable store sales to be up approximately 3%, pretax profit margin to be approximately 11.2% and diluted earnings per share to be in the range of $4.09 to $4.13.

Revenue & Expenses

Visualization of income flow from segment revenue to net income