The company said net sales for the 14-week FY2024 Q4 rose 13% to $16.4 billion, and consolidated comparable store sales increased 5%. It said diluted EPS for Q4 were $1.22, up 37% from $.89 a year earlier.

1. 01

   The company said net sales for the 14-week FY2024 Q4 rose 13% to $16.4 billion, and consolidated comparable store sales increased 5%. It said diluted EPS for Q4 were $1.22, up 37% from $.89 a year earlier.

2. 02

   TJX said its pretax profit margin for the 14-week Q4 was 11.2%, 2.0 percentage points above the 9.2% for the 13-week Q4 a year earlier. The company cited lower freight costs and lower inventory shrink expense as factors in the 29.8% gross profit margin, which was up 3.7 percentage points.

3. 03

   The company said it generated $6.1 billion in operating cash flow in the 53-week FY2024 and ended the year with $5.6 billion in cash. It said it returned a total of $4.0 billion to shareholders over the same period, consisting of $2.5 billion in share repurchases and $1.5 billion in dividends.

4. 04

   The company gave full-year FY2025 guidance for consolidated comparable store sales growth of 2% to 3%, pretax profit margin of 10.9% to 11.0%, and diluted EPS of $3.94 to $4.02. It also said it plans to raise its quarterly dividend to $.375 per share, an increase of 13%, and to repurchase about $2.0 to $2.5 billion of stock during FY2025.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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