---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-000869"
form_type: "8-K"
ticker: "TJX"
cik: "0000109198"
company_name: "TJX COMPANIES INC /DE/"
filed_at: "2023-05-17T23:59:59+00:00"
generated_at: "2026-06-14T22:11:10.936316+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# TJX Q1 pretax margin 10.3% beats plan; EPS $.76; raises FY24 guidance

## Summary
- Net income $891M, diluted EPS $.76, up 55% YoY; adjusted EPS up 12% vs prior year adj. EPS of $.68.
- Overall comp store sales +3% (at high end of plan); Marmaxx comp +5% on strong apparel/accessories sales.
- Pretax profit margin 10.3%, well above plan; up from 7.5% GAAP and 9.4% adjusted; driven by freight and expense timing.
- Full-year FY24 EPS guidance raised to $3.49-$3.58; pretax margin guidance raised to 10.3%-10.5% (incl. ~$0.10 from 53rd week).
- Returned $841M to shareholders in Q1: $500M stock buyback (6.5M shares) and $341M dividends; dividend raised 13%.

## SEC filing metadata
- accession: 0001157523-23-000869
- form_type: 8-K
- ticker: TJX
- cik: 0000109198
- company_name: TJX COMPANIES INC /DE/
- filed_at: 2023-05-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/109198/000115752323000869/0001157523-23-000869-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/109198/000115752323000869/a53401711.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-000869
- JSON: https://secwatch.observer/filing/0001157523-23-000869.json
- Plain text: https://secwatch.observer/filing/0001157523-23-000869.txt

## Key facts
- Earnings Releases
  TJX COMPANIES INC /DE/ reported the fiscal quarter ended April 29, 2023 results: revenue $11.8 billion, net income $891 million, EPS $.76. Guidance raised.
  - Period: the fiscal quarter ended April 29, 2023
  - Revenue: $11.8 billion
  - Net income: $891 million
  - EPS: $.76
  - Guidance: raised
  - Result: reported results
  source text: retailer in the U.S. and worldwide, today announced sales and operating results for the first quarter ended April 29, 2023. Net sales for the first quarter of Fiscal 2024 were $11.8 billion, an increase of 3% versus the first quarter of Fiscal 2023. Overall comp store sales increased 3%. Net income for the first quarter of Fiscal 2024 was $891 million and diluted
  evidence_url: https://www.sec.gov/Archives/edgar/data/109198/000115752323000869/0001157523-23-000869-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.