Company: TJX
Filing Date: 2025-08-29
Form Type: 10-Q
Source: 0000109198-25-000054
Chunk: 82

Company: TJX COMPANIES INC /DE/
Filing Date: 2025-08-29
Form: 10-Q
Item: Part I, Item 8
Chunk 82
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x.com 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 EndedTwenty-Six Weeks EndedU.S. dollars in millionsAugust 2,2025August 3,2024August 2,2025August 3,2024Net sales$8,841 $8,445 $16,893 $16,195 Segment profit$1,254 $1,191 $2,361 $2,288 Segment profit margin 14.2 %14.1 %14.0 %14.1 %Comp sales3 %5 %3 %4 %Stores in operation at end of period:TJ Maxx1,340 1,326 Marshalls1,234 1,204 Sierra 127 101 Total2,701 2,631 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 $8.8 billion for the second quarter of fiscal 2026, an increase of 5% compared to $8.4 billion for the second