Company: TJX
Filing Date: 2025-12-02
Form Type: 10-Q
Source: 0000109198-25-000061
Chunk: 33

Company: TJX COMPANIES INC /DE/
Filing Date: 2025-12-02
Form: 10-Q
Item: Part I, Item 1
Chunk 33
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 and marshalls.com and our HomeGoods segment operates HomeGoods and Homesense. Our TJX Canada segment operates Winners, HomeSense and Marshalls in Canada, and our TJX International segment operates TK Maxx, Homesense, tkmaxx.com, tkmaxx.de, and tkmaxx.at in Europe and TK Maxx in Australia. In addition to our four segments, Sierra operates retail stores and sierra.com in the U.S. The results of Sierra are included in the Marmaxx segment. 

We evaluate the performance of our segments based on “segment profit or loss,” which we define as pre-tax income or loss before general corporate expense and interest (income) expense, net, and certain separately disclosed unusual or infrequent items. “Segment profit or loss,” as we define the term, may not be comparable to similarly titled measures used by other companies. The terms “segment margin” or “segment profit margin” are used to describe segment profit or loss as a percentage of net sales. These measures of performance should not be considered an alternative to net income or cash flows from operating activities, as an indicator of our performance or as a measure of liquidity.

Presented below is selected financial information related to our segments.

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U.S. SEGMENTS

Marmaxx

 Thirteen Weeks EndedThirty-Nine 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