Filing Flows › TJX Companies (TJX) › Q1 FY27 › vs Q4 FY26
TJX Companies (TJX) Q1 FY27 vs Q4 FY26 (quarter over quarter)
TJX Companies's revenue fell $3.4B (-19%) from $17.7B in Q4 FY26 to $14.3B in Q1 FY27. Operating margin 12.0% against 13.5% (-1.5 pts).
TJX Companies, Q1 FY27: revenue $14.3B (+9% year over year), operating margin 12.0%, net earnings $1.3B, operating cash flow $1.1B. The chart draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Operating margin | 12.0% | 13.5% | -1.5 pts |
| Net margin | 9.3% | 10.0% | -0.7 pts |
| Free cash flow margin | 3.2% | 15.2% | -12.0 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $14.3B | $17.7B | −$3.4B | -19% |
| Operating profit | $1.7B | $2.4B | −$669M | -28% |
| Costs & expenses | $12.6B | $15.4B | −$2.8B | -18% |
| Pre-tax earnings | $1.7B | $2.4B | −$669M | -28% |
| Cost of revenue | $9.8B | $12.3B | −$2.4B | -20% |
| SG&A | $2.8B | $3.1B | −$328M | -11% |
| Net earnings | $1.3B | $1.8B | −$441M | -25% |
| Income tax | $389M | $617M | −$228M | -37% |
| Depreciation & amortization | $336M | $327M | $9.0M | +3% |
| Share-based compensation | $42.0M | $83.0M | −$41.0M | -49% |
| Working capital & other | $591M | −$974M | $1.6B | — |
| Operating cash flow | $1.1B | $3.2B | −$2.0B | -65% |
| Free cash flow (OCF − capex) | $457M | $2.7B | −$2.2B | -83% |
| Capital expenditures | $662M | $468M | $194M | +41% |
Questions
How much did TJX Companies's revenue grow quarter over quarter in Q1 FY27?
TJX Companies's revenue fell $3.4B (-19%) from $17.7B in Q4 FY26 to $14.3B in Q1 FY27. Operating margin 12.0% against 13.5% (-1.5 pts).