Company: TJX
Filing Date: 2025-12-02
Form Type: 10-Q
Source: 0000109198-25-000061
Chunk: 103

Company: TJX COMPANIES INC /DE/
Filing Date: 2025-12-02
Form: 10-Q
Item: Part I, Item 2
Chunk 103
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6.5 billion for the first nine months of fiscal 2025. This increase in the first nine months reflects a 5% increase from comp sales and a 3% increase from non-comp sales.

The increase in comp sales was driven by a higher average basket for the third quarter of fiscal 2026 and by an increase in customer transactions and a higher average basket for the first nine months of fiscal 2026. Geographically, comp sales growth was strongest in the South and Midwest regions for the third quarter of fiscal 2026 and in the South and West regions for the first nine months of fiscal 2026.

Segment Profit Margin

Segment profit margin increased to 13.5% for the third quarter of fiscal 2026 compared to 12.3% for the same period last year. This increase in segment profit margin for the third quarter of fiscal 2026 was driven by favorable merchandise margin and lower supply chain and store costs as a result of a higher average ticket. Merchandise margin reflects lower freight costs and favorable markon partially offset by higher markdowns.

Segment profit margin increased to 11.3% for the first nine months of fiscal 2026 compared to 10.4% for the same period last year. This increase in segment profit margin for the first nine months of fiscal 2026 was driven by favorable merchandise margin and expense leverage on higher comp sales. Merchandise margin reflects lower markdowns and lower freight costs.

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FOREIGN SEGMENTS

TJX Canada Thirteen Weeks EndedThirty-Nine Weeks EndedU.S. dollars in millionsNovember 1,2025November 2,2024November 1,2025November 2,2024Net sales$1,492 $1,382 $4,017 $3,739 Segment profit$222 $209 $565 $533 Segment profit margin14.9 %15.1 %14.1 %14.3 %Comp sales8 %2 %7 %3 %Stores in operation at end of period:Winners315 307 HomeSense162 160 Marshalls111 109 Total588 576 Selling square footage at end of period (in millions):Winners7 7 HomeSense3 3 Marshalls2 2 Total12 12 

Net Sales

Net sales for TJX Canada were $1.5 billion for the third quarter of fiscal 2026, an