Ernie Herman, TJX companies president and director, is pictured.

The corporate ownership of TJ Maxx – which has locations in Lakewood and Dunkirk – is increasing its full-year pre-tax profits as the retailer shows few signs of tariff-related problems.

The company recently announced net sales for the second quarter of the 2026 fiscal year were $14.4 billion, an increase of 7% versus the second quarter of the 2025 fiscal year. For the first half of the chain’s 2026 fiscal year, net sales were $27.5 billion, an increase of 6% versus the first half of 2025, while net income for the first half of the year totaled $2.3 billion.

“We see outstanding buying opportunities in the marketplace for quality branded merchandise, which also gives me great confidence in our plans for the fall and holiday selling seasons. The third quarter is off to a strong start. We are confident in our full year sales and profitability plans. And as always, we will strive to beat them,” said Ernie Herman, TJX companies president and director, during a recent conference call with investor analysts. “Longer term, we believe the strength and resiliency of our flexible off-price business model will continue to be a tremendous advantage. We feel great about our core businesses and the opportunities we see for growth with our newer vehicles. We are convinced we have a long runway ahead to capture additional market share worldwide and continue our successful global growth.”

Marmaxx, the division that includes TJ Maxx, Marshalls and Sierra stores in the United States, saw comparable sales increase 3% in the second quarter of 2026 with net sales of $8.8 million, a 5% increase from the second quarter in 2025.

For the full 2026 fiscal year, the company now expects consolidated comparable sales to be up 3%. The company is increasing its outlook for pretax profit margin to be in the range of 11.4% to 11.5%, flat to down .1 percentage point versus the prior year’s 11.5%. The company is also raising its diluted earnings per share outlook to be in the range of $4.52 to $4.57, which would represent a 6% to 7% increase over the prior year’s $4.26. The company’s full 2026 fiscal year diluted earnings per share guidance now reflects the second quarter’s above-plan results as well as a smaller negative impact from unfavorable foreign currency exchange rates versus the company’s previous guidance.

TJX Companies’ third quarter and full 2026 fiscal year guidance below assumes that the current level of tariffs on imports into the U.S. as of Aug. 20 will stay in place for the remainder of the year. The company’s guidance assumes that it can offset the pressure it expects from tariffs throughout the rest of the year.

On Wednesday, the Trump administration took the fight over tariffs to the Supreme Court, asking the justices to rule quickly that the president has the power to impose sweeping import taxes under federal law. The government called on the court to reverse an appeals court ruling that found most of President Donald Trump’s tariffs are an illegal use of an emergency powers law. The U.S. Court of Appeals for the Federal Circuit left the tariffs in place for now, but the administration nevertheless called on the high court to intervene quickly in a petition filed electronically late Wednesday and provided to The Associated Press. It was expected to be formally docketed on Thursday.

“I want to emphasize that tariff costs were higher, and they were a headwind for us in Q2 and year-over-year, just in the end, a little bit lower than we had expected,” said John Klinger, TJX senior executive vice president and CFO in response to an analysts’ question about whether pricing helped mitigate tariff expenses in the second quarter. “And so we had a bit of a savings there. We also – because of this environment, I would say the retail adjustments based on what the out-the-door happened in pockets, I don’t think there was as much of that as there was our merchants taking advantage of the market opportunities, which allowed us to, in many cases, buy better to help offset the tariffs that way on the market goods …”