Company: TJX
Filing Date: 2025-12-02
Form Type: 10-Q
Source: 0000109198-25-000061
Chunk: 105

Company: TJX COMPANIES INC /DE/
Filing Date: 2025-12-02
Form: 10-Q
Item: Part I, Item 2
Chunk 105
---
271 Segment profit margin9.2 %7.3 %6.4 %5.3 %Comp sales3 %7 %4 %4 %Stores in operation at end of period:TK Maxx672 653 Homesense74 77 TK Maxx Australia87 84 Total833 814 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 $2 billion for the third quarter of fiscal 2026, an increase of 9%, compared to $1.9 billion for the third quarter of fiscal 2025. This increase in the third quarter reflects a positive foreign currency impact of 4%, a 3% increase in comp sales and a 2% increase in non-comp sales.

Net sales for TJX International were $5.6 billion for the first nine months of fiscal 2026, an increase of 10%, compared to $5.1 billion for the first nine months of fiscal 2025. This increase in the first nine months reflects a 4% 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 third quarter and first nine 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 third quarter and first nine months of fiscal 2026 and fiscal 2025.

Segment Profit Margin

Segment profit margin increased to 9.2% for the third quarter of fiscal 2026 compared to 7.3% for the same period last year. This increase for the third quarter of fiscal 2026 was primarily due to higher merchandise margin and the favorable impact of transactional foreign exchange. Merchandise margin reflects higher markon and lower markdowns.

Segment profit margin increased to 6.4% for the first nine months of fiscal 2026 compared to 5.3% for the same period last year. This increase for the first nine months of fiscal 2026 was primarily due to higher merchandise margin, lower administrative costs and favorable store occupancy costs. Merchandise margin reflects higher markon and lower markdowns, partially offset by higher freight costs.

33

GENERAL CORPORATE EXPENSE Thirteen Weeks