The TJX Companies (TJX)

Outperform Recap: Q1 FY27

HomeGoods Inflects to +9% Comp With Margin Approaching Marmaxx Levels; First Spain Store Opens to Strong Reception; FY27 Guide Raised Across the Board — Maintaining Outperform

Outperform Recap: Q4 FY26

Crosses $60B Revenue Milestone, HomeGoods Surpasses $10B; First 5 Spain Stores Open Spring 2026; FY27 Guide Comp +2-3%, EPS +4-6% — Maintaining Outperform

Outperform Recap: Q3 FY26

Long-Term Store Target Raised to 7,000 With Spain Entry Confirmed for 2026; Comps +5% Above Guide, All 4 Divisions Beat — Maintaining Outperform

Outperform Recap: Q2 FY26

Off-Price Model Insulates From Tariff; All 4 Divisions Firing Transactions, FY26 Guide Raised, 1,800+ Long-Term Store Opportunity — Initiating at Outperform