TJX Companies Inc (NYSE:TJX) stock rose 1.87% (As on November 20, 11:19:50 AM UTC-4, Source: Google Finance) after the company reported better-than-expected third-quarter results, with earnings and revenue surpassing analyst estimates. In the Marmaxx (the United States) division, the company’s net sales were $9,037 million, up 7% year over year. Net sales amounted to $2,539 million, up 8% year over year, in the HomeGoods (the United States) division. TJX Canada’s net sales were $1,492 million, up 8% from the figure reported in the year-ago period. TJX International’s (Europe & Australia) net sales were $2,049 million, up 9% year over year. The TJX Companies ended the quarter with cash and cash equivalents of $4.6 billion, long-term debt of $1.9 billion and shareholders’ equity of $9.4 billion. It generated an operating cash flow of $3.7 billion during the first nine months of fiscal 2026. Consolidated inventories (on a per-store basis) as of Nov. 1, 2025, increased 8% year over year on a reported and constant currency basis, reflecting strong buying opportunities and robust marketplace availability.

Moreover, the company witnessed a 5% jump in consolidated comparable store sales (CSS), supported by strong performance in every division. Comparable store sales rose 6% at Marmaxx (the United States), 5% at HomeGoods (the United States), 8% at TJX Canada and 3% at TJX International (Europe & Australia). The TJX Companies’ pretax profit margin was 12.7%, up 0.4 percentage points from the year-ago quarter’s level. The gross profit margin was 32.6%, up 1.0 percentage points year over year, mainly driven by an elevated merchandise margin and expense leverage on strong sales growth.

TJX in the third quarter of FY26 has reported the adjusted earnings per share of $1.28, beating the analysts’ estimates for the adjusted earnings per share of $1.22, according to the Zacks Consensus Estimate. The company had reported the adjusted revenue growth of 7 percent to $15.1 billion in the third quarter of FY26, beating the analysts’ estimates for revenue of $14.9 billion.

Additionally, in February 2025, management approved a new stock repurchase program, authorizing up to an additional $2.5 billion in share buybacks. As of Nov. 1, 2025, TJX had approximately $1.9 billion remaining under this stock repurchase authorization.

Looking ahead, TJX’s full-year comparable sales growth forecast is 4%. It increased its pretax profit margin outlook to 11.6%. For the fourth quarter, the company expects comparable sales to rise 2% to 3% with EPS between $1.33 and $1.36, slightly below the analyst consensus of $1.37.