Q2 FY27 · Ended Aug 1, 2026 · View SEC filing
Refunds and markon, not volume, lifted profit
Cost of sales rose only 1.32% on sales up 5.41%; the filing credits tariff refunds and higher markon.
For investorsHow much of the margin gain can last?
For foundersBuying late on purpose: the off-price supply playbook
Marmaxx sales rose in step with its store count, so sales per store held flat while smaller banners pulled ahead.
Per-store inventory rose 2% while comparable sales rose 4%, so each dollar of stock carried more sales.
In the weakest year shown, net income fell to $90M while free cash flow rose to $3.99B.
Unlock the financial breakdown, competitive insights, historical trends and founder playbook, plus research across the company library.
Free CXProWealth membership required
Business Lens describes TJX Companies from its own filings with the SEC. It is not a view on its shares, a target, or advice to buy, sell or hold anything; figures are as filed and may be restated by the company later. The filing is linked above.
