earnings
confidence high
sentiment positive
materiality 0.80
TJX reports Q4 FY22 net sales $13.9B, EPS $0.78; raises dividend 13%, plans $2.25-$2.5B buyback
TJX COMPANIES INC /DE/
2022-FY EPS reported
$2.70
revenue$48,549,982,000
- Q4 FY22 net sales $13.9B (+14% vs Q4 FY20); diluted EPS $0.78 vs $0.81 in Q4 FY20.
- U.S. open-only comp store sales +13% in Q4 and +17% for full year FY22 vs FY20.
- Full year FY22 net sales $48.5B (+16% vs FY20); adjusted diluted EPS $2.85 (excl. debt charge).
- Dividend to increase 13% to $0.295/share; plans to repurchase $2.25-$2.5B stock in FY2023; new $3B authorization.
- Q1 FY23 guidance: U.S. comp sales +1% to 3%, EPS $0.58-$0.61.