Florida, Port St Lucie, The Landing at Tradition, TJMaxx, cashier with customer at check out

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Owner of T.J. Maxx, HomeGoods rings up record sales as consumers keep bargain hunting

TJX shares jumped nearly 4% Wednesday morning after the discount retailer reported strong fourth-quarter earnings results.

2/26/25 9:30AM

Shares of TJX jumped 3.5% Wednesday morning after the discount retailer dropped strong fourth-quarter earnings results. TJX, which owns T.J. Maxx, Marshall’s, and HomeGoods, and has built a strong following thanks to its popular marked-down designer merchandise. While revenue came in flat to slightly down compared to the same period last year (which included an extra week!), consolidated same-store sales grew by 5%. Adjusted diluted earnings per share reached $1.23, besting Wall Street’s estimate for $1.16.

It was a banner year for the discount retailer, which notched a record $56.4 billion in sales for the 12 months ending February 1 and opened its 5,000th store. Lower- and middle-income consumers have been moving down-market to discount retailers as they cut back on nonessentials. For its fiscal year 2026 (which started February 2, 2025), TJX projects an additional 2% to 3% jump in consolidated comparable-store sales. The company also plans to boost its dividend by 13% and repurchase $2 billion to $2.5 billion in stock for the 2026 fiscal year.

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