Company: TJX
Filing Date: 2025-05-30
Form Type: 10-Q
Source: 0000109198-25-000043
Chunk: 61

Company: TJX COMPANIES INC /DE/
Filing Date: 2025-05-30
Form: 10-Q
Item: Part I, Item 8
Chunk 61
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.de, and tkmaxx.at in Europe and TK Maxx in Australia. In addition to the Company’s four segments, Sierra operates retail stores and sierra.com in the U.S. The results of Sierra are included in the Marmaxx segment. All of TJX’s stores, with the exception of HomeGoods and HomeSense/Homesense, sell family apparel and home fashions. HomeGoods and HomeSense/Homesense offer home fashions.The CODM regularly reviews net sales by segment and segment profit or loss. There are no significant expense categories or amounts regularly provided to the CODM and included in reported segment profit or loss. As such, no significant expense categories are disclosed in the table below. The CODM evaluates the performance of the Company’s segments based on “segment profit or loss,” which it defines as pre-tax income or loss before general corporate expense, interest (income) expense, net and certain separately disclosed unusual or infrequent items. “Segment profit or loss,” as defined by TJX, may not be comparable to similarly titled measures used by other entities. This measure of performance should not be considered an alternative to net income or cash flows from operating activities as an indicator of TJX’s performance or as a measure of liquidity.

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Presented below is financial information with respect to TJX’s segments: Thirteen Weeks EndedIn millionsMay 3,2025May 4,2024MarmaxxNet sales$8,052 $7,750 Segment expenses(a)6,945 6,653 Segment profit$1,107 $1,097 HomeGoodsNet sales$2,254 $2,079 Segment expenses(a)2,024 1,881 Segment profit$230 $198 TJX CanadaNet sales$1,144 $1,113 Segment expenses(a)1,022 976 Segment profit$122 $137 TJX InternationalNet sales$1,661 $1,537 Segment expenses(a)1,589 1,476 Segment profit$72 $61 Total TJXNet sales$13,111 $12,479 Segment expenses(a)11,580 10,986 Segment profit$1,531 $1,493 General corporate expense215 153 Impairment on equity investment— — Interest (income) expense, net(30)(50)Income before income taxes$1,346 $