Fri, May 30, 3:13 PM (24 days ago)
**The TJX Companies, Inc. (TJX) - Q1 2026 Financial Summary** **Financial Health & Performance:** - **Revenue:** $13.1 billion, up 5% YoY. - **Net Income:** $1.04 billion, down 3% YoY. - **EPS:** $0.92, down 1% YoY. - **Profit Margins:** Pre-tax margin at 10.3%, down 0.8% YoY. Cost of sales at 70.5%, up 0.5% YoY. SG&A expenses at 19.4%, up 0.2% YoY. - **Cash Flow:** Operating cash flow at $394 million, down 46% YoY. Capital expenditures at $497 million, up 19% YoY. **Segment Performance:** - **Marmaxx:** Net sales up 4% to $8.05 billion. Segment profit margin down to 13.7%. - **HomeGoods:** Net sales up 8% to $2.25 billion. Segment profit margin up to 10.2%. - **TJX Canada:** Net sales up 3% to $1.14 billion. Segment profit margin down to 10.7%. - **TJX International:** Net sales up 8% to $1.66 billion. Segment profit margin up to 4.3%. **Trends & Uncertainties:** - **Global Economic Conditions:** Monitoring international trade relations, economic policies, and tariffs. - **Inventory:** Consolidated average per store inventories up 7% YoY. - **Shareholder Returns:** $1 billion returned through share repurchases and dividends. **Future Operations Impact:** - **Capital Expenditures:** Anticipated to be $2.1-$2.2 billion for FY 2026. - **Debt & Liquidity:** $4.3 billion in cash, $1.5 billion available under credit facilities. - **Stock Repurchases:** Plan to repurchase $2-$2.5 billion of stock in FY 2026. **TJX** continues to navigate global economic uncertainties while focusing on inventory management, capital expenditures, and shareholder returns. The company's strategic investments and operational efficiencies are expected to drive future growth and profitability.