Company: TJX
Filing Date: 2025-12-02
Form Type: 10-Q
Source: 0000109198-25-000061
Chunk: 101

Company: TJX COMPANIES INC /DE/
Filing Date: 2025-12-02
Form: 10-Q
Item: Part I, Item 2
Chunk 101
---
ine Weeks EndedU.S. dollars in millionsNovember 1,2025November 2,2024November 1,2025November 2,2024Net sales$9,037 $8,438 $25,930 $24,633 Segment profit$1,350 $1,207 $3,711 $3,495 Segment profit margin 14.9 %14.3 %14.3 %14.2 %Comp sales6 %2 %4 %3 %Stores in operation at end of period:TJ Maxx1,346 1,331 Marshalls1,248 1,219 Sierra 141 109 Total2,735 2,659 Selling square footage at end of period (in millions):TJ Maxx30 30 Marshalls27 27 Sierra 2 1 Total59 58 

Net Sales

Net sales for Marmaxx were $9 billion for the third quarter of fiscal 2026, an increase of 7% compared to $8.4 billion for the third quarter of fiscal 2025. This increase in the third quarter reflects a 6% increase from comp sales and a 1% increase from non-comp sales.

Net sales for Marmaxx were $25.9 billion for the first nine months of fiscal 2026, an increase of 5% compared to $24.6 billion for the first nine months of fiscal 2025. This increase in the first nine months reflects a 4% increase from comp sales and a 1% increase from non-comp sales.

For both the third quarter and first nine months of fiscal 2026, the increase in comp sales was driven by a higher average basket and an increase in customer transactions. While both Marmaxx apparel and home comp sales growth were positive, apparel comp sales growth outperformed home comp sales growth for the third quarter of fiscal 2026. Both Marmaxx apparel and home comp sales growth performed in line with the overall comp sales increase 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 region for the first nine months of fiscal 2026.

Segment Profit Margin

Segment profit margin increased to 14.9% for the third quarter of fiscal 2026 compared to