Oct 20, 10:09 AM ET
TJX Companies disclosed an October 15, 2026 letter agreement with Senior Executive Vice President and Group President Kenneth Canestrari tied to his planned retirement. He will stop serving as an executive officer on January 31, 2027, and remain employed as a Senior Executive Vice President until his scheduled retirement on April 30, 2027. The filing does not describe a change in company financial results, and the executive transition is planned in advance with a defined timeline.
- Agreement dated October 15, 2026 extends Canestrari's employment agreement term to April 30, 2027
- Canestrari stops serving as an executive officer effective January 31, 2027
- He will not participate in the Management Incentive Plan or LRPIP for performance periods beginning fiscal 2028 or later, and will not receive new SIP equity grants
- He keeps existing LRPIP and SIP award opportunities under special service recognition benefits and remains bound by non-compete and non-solicitation obligations
Read the filing on SEC.gov ↗
Sep 17, 12:21 PM ET
TJX Companies elected Craig A. Pintoff to its Board of Directors and its Audit and Finance Committee, effective immediately, on September 16, 2026. Pintoff is executive vice president and chief administrative officer of United Rentals, and the Board has determined he is independent under NYSE standards.
- Craig A. Pintoff, 56, elected to the TJX Board and Audit and Finance Committee effective immediately
- Current role: executive vice president and chief administrative officer at United Rentals, a position he has held since 2017
- Director pay includes an annual cash retainer of $115,000 and deferred stock awards with a total target value of $210,000, prorated for his election date
Read the filing on SEC.gov ↗
Aug 19, 9:09 AM ET
TJX reported second-quarter fiscal 2027 net sales of $15.2 billion, up 5%, with comparable sales up 4% and diluted earnings per share of $1.36, up 24% from $1.10. The company raised its full-year fiscal 2027 pretax profit margin and diluted EPS outlook, to $5.31 to $5.36 per share. Q2 results include a net benefit from IEEPA tariff refunds, so adjusted diluted EPS was $1.22, up 11%.
- Q2 net sales $15.2 billion, up 5%; comparable sales up 4%, with Marmaxx at +1% and HomeGoods at +7%
- Q2 diluted EPS $1.36 vs. $1.10 a year earlier; adjusted diluted EPS $1.22 excluding a $.14 net tariff refund benefit
- Full-year fiscal 2027 diluted EPS outlook raised to $5.31 to $5.36; adjusted outlook $5.15 to $5.20
- Returned $1.3 billion to shareholders in Q2 through buybacks ($798 million) and dividends ($529 million)
Read the filing on SEC.gov ↗
May 20, 9:12 AM ET
TJX reported first-quarter fiscal 2027 results for the period ended May 2, 2026, with net sales of $14.3 billion, up 9%, and diluted earnings per share of $1.19, up from $0.92 a year earlier. The company raised its full-year fiscal 2027 outlook for comparable sales, pretax profit margin, diluted EPS, and share buybacks, though it said higher fuel costs will be unfavorable to the rest of the year compared with its previous outlook.
- Q1 diluted EPS of $1.19 vs. $0.92 a year earlier; net income of $1.3 billion
- Q1 consolidated comparable sales up 6% vs. 3% a year earlier; net sales of $14.3 billion, up 9%
- Full-year FY27 outlook raised to diluted EPS of $5.08 to $5.15 and share buyback range to $2.75 to $3.0 billion
- Q2 FY27 outlook: diluted EPS of $1.15 to $1.17; company cites a higher cost of fuel for the rest of the year
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
