v3.26.1
Capital Stock and Earnings Per Share
6 Months Ended
Aug. 01, 2026
Equity [Abstract]  
Capital Stock and Earnings Per Share Capital Stock and Earnings Per Share
Capital Stock
During the second quarter of fiscal 2027, the Company completed the stock repurchase program that was previously announced in February 2025.
In February 2026, the Company announced that its Board of Directors had approved a new stock repurchase program that authorizes the repurchase of up to an additional $3.0 billion of TJX common stock from time to time. Under this program, TJX had approximately $2.7 billion available for repurchase as of August 1, 2026.
The following table provides share repurchases, excluding applicable excise tax:
Thirteen Weeks EndedTwenty-Six Weeks Ended
In millionsAugust 1,
2026
August 2,
2025
August 1,
2026
August 2,
2025
Total number of shares repurchased and retired5.1 4.1 8.9 9.2 
Total cost
$798 $515 $1,402 $1,128 
All shares repurchased under the stock repurchase programs have been retired. These expenditures were funded by cash on hand and cash generated from operations.
Earnings Per Share
The following table presents the calculation of basic and diluted earnings per share:
Thirteen Weeks EndedTwenty-Six Weeks Ended
Amounts in millions, except per share amountsAugust 1,
2026
August 2,
2025
August 1,
2026
August 2,
2025
Basic earnings per share:
Net income
$1,520 $1,243 $2,852 $2,279 
Weighted average common shares outstanding for basic earnings per share calculation
1,104 1,115 1,105 1,116 
Basic earnings per share
$1.38 $1.11 $2.58 $2.04 
Diluted earnings per share:
Net income
$1,520 $1,243 $2,852 $2,279 
Weighted average common shares outstanding for basic earnings per share calculation
1,104 1,115 1,105 1,116 
Assumed exercise/vesting of stock options and awards13 13 13 14 
Weighted average common shares outstanding for diluted earnings per share calculation
1,117 1,128 1,118 1,130 
Diluted earnings per share
$1.36 $1.10 $2.55 $2.02 
Cash dividends declared per share$0.480 $0.425 $0.960 $0.850 
The weighted average common shares for the diluted earnings per share calculation excludes the impact of outstanding stock options if the assumed proceeds per share of the option is in excess of the average price of TJX’s common stock for the related fiscal periods. Such options are excluded because they would have an antidilutive effect. There were 3 million antidilutive options excluded for the thirteen weeks and twenty-six weeks ended August 1, 2026 and 4 million antidilutive options excluded for the thirteen weeks and twenty-six weeks ended August 2, 2025