Company: TJX
Filing Date: 2025-12-02
Form Type: 10-Q
Source: 0000109198-25-000061
Chunk: 35

Company: TJX COMPANIES INC /DE/
Filing Date: 2025-12-02
Form: 10-Q
Item: Part I, Item 1
Chunk 35
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 EndedU.S. dollars in millionsNovember 1,2025November 2,2024November 1,2025November 2,2024Net sales$2,539 $2,355 $7,079 $6,535 Segment profit$344 $290 $802 $679 Segment profit margin13.5 %12.3 %11.3 %10.4 %Comp sales5 %3 %5 %3 %Stores in operation at end of period:HomeGoods958 941 Homesense77 67 Total1,035 1,008 Selling square footage at end of period (in millions):HomeGoods18 17 Homesense2 2 Total20 19 

Net Sales

Net sales for HomeGoods were $2.5 billion for the third quarter of fiscal 2026, an increase of 8%, compared to $2.4 billion for the third quarter of fiscal 2025. This increase in the third quarter reflects a 5% increase from comp sales and a 3% increase from non-comp sales.

Net sales for HomeGoods were $7.1 billion for the first nine months of fiscal 2026, an increase of 8%, compared to $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