TJX's Q2 FY2027 results were boosted by a $219 million net IEEPA tariff refund, with net sales up 5% to $15.2 billion and diluted EPS up 24% to $1.36.
Cost of Revenue
$10.11B
+1.3% YoY
Net Income
$1.52B
+22.3% YoY
EPS (Basic)
$1.38
+24.3% YoY
EPS (Diluted)
$1.36
+23.6% YoY
Key risk: Liquidity cushion remains thin relative to current liabilities
Current assets grew 15.4% year over year to $15.33 billion, but current liabilities grew 18.1% to $13.36 billion, leaving a current ratio of 1.15. This thin cushion could become strained if operating cash flow weakens or unexpected cash needs arise.