Company: TJX
Filing Date: 2025-08-29
Form Type: 10-Q
Source: 0000109198-25-000054
Chunk: 86

Company: TJX COMPANIES INC /DE/
Filing Date: 2025-08-29
Form: 10-Q
Item: Part I, Item 8
Chunk 86
---
.

31

TJX International Thirteen Weeks EndedTwenty-Six Weeks EndedU.S. dollars in millionsAugust 2,2025August 3,2024August 2,2025August 3,2024Net sales$1,893 $1,678 $3,554 $3,215 Segment profit$99 $73 $171 $134 Segment profit margin5.2 %4.4 %4.8 %4.2 %Comp sales5 %1 %5 %2 %Stores in operation at end of period:TK Maxx664 645 Homesense74 77 TK Maxx Australia85 84 Total823 806 Selling square footage at end of period (in millions):TK Maxx13 13 Homesense1 1 TK Maxx Australia1 1 Total15 15 

Net Sales

Net sales for TJX International were $1.9 billion for the second quarter of fiscal 2026, an increase of 13%, compared to $1.7 billion for the second quarter of fiscal 2025. This increase in the second quarter reflects a positive foreign currency impact of 6%, a 5% increase in comp sales and a 2% increase in non-comp sales.

Net sales for TJX International were $3.6 billion for the first six months of fiscal 2026, an increase of 11%, compared to $3.2 billion for the first six months of fiscal 2025. This increase in the first six months reflects a 5% increase in comp sales, a positive foreign currency impact of 4% and a 2% increase in non-comp sales.

The increase in comp sales for both the second quarter and first six months of fiscal 2026 was driven by an increase in customer transactions.

E-commerce sales represented approximately 3% of TJX International’s net sales for both the second quarter and first six months of fiscal 2026 and fiscal 2025.

Segment Profit Margin

Segment profit margin increased to 5.2% for the second quarter of fiscal 2026 compared to 4.4% for the same period last year. This increase for the second quarter of fiscal 2026 was primarily due to lower administrative costs, operational efficiencies in stores and favorable occupancy costs, partially offset by incremental store wages.

Segment profit margin increased to 4.8% for the first six months