The TJX Companies, Inc., a prominent off-price apparel and home fashions retailer, has reported its financial results for the second quarter of Fiscal 2026. The company achieved net sales of $14.4 billion, marking a 7% increase compared to the same quarter in Fiscal 2025. Consolidated comparable sales rose by 4%, surpassing the company's expectations. Net income for the second quarter reached $1.2 billion, and diluted earnings per share $(EPS)$ were reported at $1.10, representing a 15% growth from $0.96 in the second quarter of Fiscal 2025. This performance exceeded the company's plans. For the first half of Fiscal 2026, TJX recorded net sales of $27.5 billion, a 6% increase compared to the first half of Fiscal 2025, with consolidated comparable sales also up by 4%. The net income for this period was $2.3 billion, and the diluted EPS was $2.02, a 7% rise from $1.89 in the first half of Fiscal 2025. Ernie Herrman, CEO and President of The TJX Companies, expressed satisfaction with the company's performance, attributing the success to strong consumer demand and the effective execution of their off-price business model. Due to these robust results, TJX has raised its full-year guidance for both pretax profit margin and earnings per share.
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