Why TJX Companies Stock Sank Today

On Wednesday, people seemed more willing to shop at stores operated by TJX Companies (TJX 1.18%) than buy its stock. The retail conglomerate posted fourth-quarter and full-year fiscal 2026 results that investors found wanting; they indicated their displeasure by trading the shares down by more than 1% that day.

Down about numbers that went up

TJX booked net sales of $17.7 billion in the quarter, up 9% from the same period of fiscal 2025, on comparable sales that advanced 5% and matched the full-year result. Net income in accordance with generally accepted accounting principles (GAAP) was $1.8 billion. On a per-share basis, this was $1.58, up 28% year over year. Under non-GAAP (adjusted) standards, that earnings per share (EPS) figure was $1.43, marking a 16% improvement.

Image source: Getty Images.

Both headline numbers edged past the consensus analyst estimates. Collectively, the prognosticators tracking TJX were modeling just under $17.4 billion on the top line, and an adjusted EPS figure of $1.39.

In the earnings release, the company quoted CEO Ernie Herrman as saying that “Throughout the year, we stayed focused on our off-price fundamentals to bring customers great values, brands, and fashions as well as an exciting treasure-hunt shopping experience every day.”

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NYSE: TJX

TJX Companies

Today’s Change

(-1.18%) $-1.86

Current Price

$155.80

Key Data Points

Market Cap

$175B

Day’s Range

$154.81 - $162.46

52wk Range

$112.10 - $162.46

Volume

326K

Avg Vol

5.1M

Gross Margin

30.87%

Dividend Yield

1.08%

Concerned about comps

With the new year came new guidance. TJX provided forecasts for both the current quarter and the full 2027 fiscal year. For the 12-month period, it’s expecting comparable sales growth of 2% to 3%, which would be notably lower than the 2026 figure. GAAP EPS should land at $4.93 to $5.02, a range below the average analyst estimate of $5.18 per share.

TJX’s trailing performance was impressive, but as we all know, stocks trade more on future potential than history, hence the mild Wednesday sell-off. Although the company is still anticipating growth in the coming months with that guidance, I don’t see much that makes this retail stock more attractive than its peers.