The TJX Companies, Inc. Reports Q4 and FY25 Results; Q4 Comp Store Sales Up 5%, Pretax Profit Margin of 11.6%, and Diluted EPS of $1.23 All Well Above Plan; Expects to Increase Dividend by 13% and Buy Back $2.0 to $2.5 Billion of Stock in FY26
TJX Companies reported strong Q4 and FY25 results, with Q4 comparable store sales up 5% driven by increased customer transactions. The company achieved Q4 net sales of $16.4 billion and diluted EPS of $1.23, while full-year FY25 sales reached $56.4 billion with a 4% increase in comparable store sales.
Key financial highlights include a Q4 pretax profit margin of 11.6% and full-year pretax margin of 11.5%. The company returned $4.1 billion to shareholders through share repurchases ($2.5 billion) and dividends ($1.6 billion) in FY25.
Looking ahead, TJX plans to increase its dividend by 13% to $0.425 per share and aims to repurchase $2.0-2.5 billion of stock in FY26. The company projects FY26 comparable store sales growth of 2-3% with diluted EPS expected between $4.34-4.43.
TJX Companies ha riportato risultati solidi per il quarto trimestre e l'anno fiscale 25, con un aumento del 5% delle vendite nei negozi comparabili nel quarto trimestre, grazie a un incremento delle transazioni dei clienti. L'azienda ha raggiunto vendite nette nel quarto trimestre di 16,4 miliardi di dollari e un utile per azione diluito di 1,23 dollari, mentre le vendite totali per l'anno fiscale 25 hanno raggiunto i 56,4 miliardi di dollari, con un incremento del 4% nelle vendite dei negozi comparabili.
I principali punti salienti finanziari includono un margine di profitto ante imposte del 11,6% nel quarto trimestre e un margine ante imposte dell'11,5% per l'intero anno. L'azienda ha restituito 4,1 miliardi di dollari agli azionisti attraverso riacquisti di azioni (2,5 miliardi di dollari) e dividendi (1,6 miliardi di dollari) nell'anno fiscale 25.
Guardando al futuro, TJX prevede di aumentare il suo dividendo del 13% a 0,425 dollari per azione e mira a riacquistare azioni per un valore di 2,0-2,5 miliardi di dollari nell'anno fiscale 26. L'azienda prevede una crescita delle vendite nei negozi comparabili dell'2-3% per l'anno fiscale 26, con un utile per azione diluito previsto tra 4,34 e 4,43 dollari.
TJX Companies reportó resultados sólidos para el cuarto trimestre y el año fiscal 25, con un aumento del 5% en las ventas de tiendas comparables en el cuarto trimestre, impulsado por un incremento en las transacciones de los clientes. La compañía alcanzó ventas netas de 16,4 mil millones de dólares en el cuarto trimestre y un EPS diluido de 1,23 dólares, mientras que las ventas del año fiscal 25 alcanzaron los 56,4 mil millones de dólares, con un aumento del 4% en las ventas de tiendas comparables.
Los aspectos financieros clave incluyen un margen de beneficio antes de impuestos del 11,6% en el cuarto trimestre y un margen antes de impuestos del 11,5% para todo el año. La compañía devolvió 4,1 mil millones de dólares a los accionistas a través de recompras de acciones (2,5 mil millones de dólares) y dividendos (1,6 mil millones de dólares) en el año fiscal 25.
De cara al futuro, TJX planea aumentar su dividendo en un 13% a 0,425 dólares por acción y tiene como objetivo recomprar acciones por un valor de 2,0-2,5 mil millones de dólares en el año fiscal 26. La compañía proyecta un crecimiento de las ventas de tiendas comparables del 2-3% para el año fiscal 26, con un EPS diluido esperado entre 4,34 y 4,43 dólares.
TJX Companies는 4분기 및 FY25 결과를 강하게 보고했으며, 4분기 비교 가능한 매장 매출이 고객 거래 증가에 힘입어 5% 증가했습니다. 회사는 4분기 순매출 164억 달러와 희석 주당순이익 1.23달러를 달성했으며, FY25 전체 연간 매출은 564억 달러에 달하고 비교 가능한 매장 매출은 4% 증가했습니다.
주요 재무 하이라이트에는 4분기 세전 이익률 11.6%와 FY25 전체 연간 세전 이익률 11.5%가 포함됩니다. 회사는 FY25에서 주식 매입(25억 달러) 및 배당금(16억 달러)을 통해 주주에게 41억 달러를 반환했습니다.
앞으로 TJX는 배당금을 13% 인상하여 주당 0.425달러로 계획하고 FY26에서 20억-25억 달러의 주식을 재매입할 계획입니다. 회사는 FY26 비교 가능한 매장 매출 성장률을 2-3%로 예상하며 희석 주당순이익은 4.34-4.43달러 사이로 예상하고 있습니다.
TJX Companies a annoncé de solides résultats pour le quatrième trimestre et l'exercice fiscal 25, avec une augmentation de 5% des ventes en magasins comparables au quatrième trimestre, grâce à une hausse des transactions clients. L'entreprise a réalisé des ventes nettes de 16,4 milliards de dollars au quatrième trimestre et un BPA dilué de 1,23 dollar, tandis que les ventes totales pour l'exercice fiscal 25 ont atteint 56,4 milliards de dollars, avec une augmentation de 4% des ventes en magasins comparables.
Les principaux points financiers incluent une marge bénéficiaire avant impôts de 11,6% au quatrième trimestre et une marge avant impôts de 11,5% pour l'exercice complet. L'entreprise a restitué 4,1 milliards de dollars aux actionnaires par le biais de rachats d'actions (2,5 milliards de dollars) et de dividendes (1,6 milliard de dollars) au cours de l'exercice fiscal 25.
En regardant vers l'avenir, TJX prévoit d'augmenter son dividende de 13% à 0,425 dollar par action et vise à racheter des actions pour un montant de 2,0 à 2,5 milliards de dollars au cours de l'exercice fiscal 26. L'entreprise projette une croissance des ventes en magasins comparables de 2 à 3% pour l'exercice fiscal 26, avec un BPA dilué attendu entre 4,34 et 4,43 dollars.
TJX Companies berichtete über starke Ergebnisse im vierten Quartal und im Geschäftsjahr 25, mit einem Anstieg der vergleichbaren Filialverkäufe um 5%, der durch erhöhte Kundenkäufe angetrieben wurde. Das Unternehmen erzielte im vierten Quartal einen Nettoumsatz von 16,4 Milliarden Dollar und einen verwässerten Gewinn pro Aktie von 1,23 Dollar, während der Gesamtumsatz für das Geschäftsjahr 25 56,4 Milliarden Dollar erreichte, mit einem Anstieg der vergleichbaren Filialverkäufe um 4%.
Zu den wichtigsten finanziellen Höhepunkten gehören eine Gewinnmarge vor Steuern von 11,6% im vierten Quartal und eine Gewinnmarge vor Steuern von 11,5% für das gesamte Jahr. Das Unternehmen gab 4,1 Milliarden Dollar an die Aktionäre zurück, indem es Aktienrückkäufe (2,5 Milliarden Dollar) und Dividenden (1,6 Milliarden Dollar) im Geschäftsjahr 25 durchführte.
Für die Zukunft plant TJX, die Dividende um 13% auf 0,425 Dollar pro Aktie zu erhöhen und beabsichtigt, im Geschäftsjahr 26 Aktien im Wert von 2,0 bis 2,5 Milliarden Dollar zurückzukaufen. Das Unternehmen prognostiziert für das Geschäftsjahr 26 ein Wachstum der vergleichbaren Filialverkäufe von 2-3% mit einem verwässerten Gewinn pro Aktie, der zwischen 4,34 und 4,43 Dollar erwartet wird.
- Q4 comparable store sales up 5% with increased customer transactions
- Full year FY25 net sales reached $56.4 billion, up 4%
- Strong Q4 pretax profit margin of 11.6%, above plan
- 13% dividend increase planned
- $2.0-2.5B new share buyback program announced
- Lower inventory shrink expense improved margins
- FY26 pretax profit margin expected to decline 0.1-0.2 percentage points
- Q1 FY26 EPS projected to decrease 4-6% vs prior year
- Unfavorable foreign exchange rates expected to impact FY26 earnings negatively by 3%
-
Q4 consolidated comparable store sales increased
5% , well above the Company’s plan, and were driven by an increase in customer transactions -
Q4 pretax profit margin of
11.6% , well above the Company’s plan -
Q4 diluted earnings per share of
$1.23 -
Full year FY25 consolidated comparable store sales increased
4% , above the Company’s plan, and were entirely driven by an increase in customer transactions -
FY25 pretax profit margin of
11.5% , well above the Company’s plan -
FY25 diluted earnings per share of
$4.26 - Q4 and full year FY25 pretax profit margin benefitted from lower inventory shrink expense
-
Returned
$4.1 billion - Provides Q1 and full year FY26 guidance
Net sales for the 13-week fourth quarter of Fiscal 2025 were
For the 52-week fiscal year ended February 1, 2025, net sales were
CEO and President Comments
Ernie Herrman, Chief Executive Officer and President of The TJX Companies, Inc., stated, “I am very proud of the performance of our hard-working Associates in 2024. We delivered outstanding top-and bottom-line results that exceeded our guidance for the year. We surpassed
Comparable Store Sales by Division
The Company’s comparable store sales by division for fourth quarter and full year Fiscal 2025 and Fiscal 2024 were as follows:
|
Fourth Quarter
|
||
|
FY2025 |
FY2024 |
|
|
|
|
|
Marmaxx ( |
+ |
+ |
|
HomeGoods ( |
+ |
+ |
|
TJX Canada |
+ |
+ |
|
TJX International ( |
+ |
+ |
|
|
|
|
|
TJX |
+ |
+ |
|
|
Full Year
|
||
|
FY2025 |
FY2024 |
|
|
|
|
|
Marmaxx ( |
+ |
+ |
|
HomeGoods ( |
+ |
+ |
|
TJX Canada |
+ |
+ |
|
TJX International ( |
+ |
+ |
|
|
|
|
|
TJX |
+ |
+ |
|
1Comparable store sales excludes e-commerce. 2Includes TJ Maxx, Marshalls, and Sierra stores. 3Includes HomeGoods and Homesense stores. |
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Net Sales by Division
The Company’s net sales by division for fourth quarter and full year Fiscal 2025 and Fiscal 2024 were as follows:
|
Fourth Quarter Net Sales
|
Fourth Quarter
|
Fourth Quarter
|
|
|
FY2025
|
FY2024
|
||
|
|
|
|
|
Marmaxx ( |
|
|
- |
N.A. |
HomeGoods ( |
|
|
+ |
N.A. |
TJX Canada |
|
|
- |
+ |
TJX International ( |
|
|
- |
|
|
|
|
|
|
TJX |
|
|
|
|
|
Full Year Net Sales
|
Full Year
|
Full Year
|
|
|
FY2025
|
FY2024
|
||
|
|
|
|
|
Marmaxx ( |
|
|
+ |
N.A. |
HomeGoods ( |
|
|
+ |
N.A. |
TJX Canada |
|
|
+ |
+ |
TJX International ( |
|
|
+ |
+ |
|
|
|
|
|
TJX |
|
|
+ |
+ |
1Net sales in TJX Canada and TJX International include the impact of foreign currency exchange rates. 2Reflects net sales adjusted for the impact of foreign currency; see Impact of Foreign Currency Exchange Rates, below. 3Includes TJ Maxx, Marshalls, and Sierra stores as well as their e-commerce sites. 4Includes HomeGoods and Homesense stores (and homegoods.com for FY2024 only). 5Includes TK Maxx and Homesense stores, as well as TK Maxx e-commerce sites in |
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Q4 Fiscal 2025 Margins
For the 13-week fourth quarter of Fiscal 2025, the Company’s pretax profit margin was
The Company’s fourth quarter Fiscal 2025 pretax profit margin was above the high-end of its plan by 0.7 percentage points, primarily driven by lower than expected inventory shrink expense as well as expense leverage on the above-plan sales, partially offset by higher incentive compensation accruals.
Gross profit margin for the 13-week fourth quarter of Fiscal 2025 was
Selling, general and administrative (SG&A) costs as a percent of sales for the fourth quarter of Fiscal 2025 were
Net interest income for the fourth quarter of Fiscal 2025 was neutral to pretax profit margin versus the prior year.
Full Year Fiscal 2025 Margins
For the 52-week Fiscal 2025 year, the Company’s pretax profit margin was
Gross profit margin for the 52-week Fiscal 2025 year was
Selling, general and administrative (SG&A) costs as a percent of sales for full year Fiscal 2025 were
Net interest income for full year Fiscal 2025 was neutral to pretax profit margin versus the prior year.
Inventory
Total inventories as of February 1, 2025 were
Cash and Shareholder Distributions
For the fourth quarter of Fiscal 2025, the Company generated
During the fourth quarter of Fiscal 2025, the Company returned a total of
In Fiscal 2025, the Company returned a total of
With continued strong cash flow, the Company announced today that it intends to increase the regular quarterly dividend on its common stock expected to be declared in March 2025 and payable in June 2025 to
The Company is also announcing today its plan to repurchase approximately
Full Year and First Quarter Fiscal 2026 Outlook
For the full year Fiscal 2026, the Company is planning consolidated comparable store sales to be up
For the first quarter of Fiscal 2026, the Company is planning consolidated comparable store sales to be up
The Company’s first quarter Fiscal 2026 pretax profit margin and diluted earnings per share outlook is planned lower than the Company’s outlook for the last nine months of the year primarily due to a benefit from lower incentive compensation accruals planned in the last nine months of Fiscal 2026, a lapping of a benefit from a reserve release in the first quarter of Fiscal 2025, and the expected timing of certain expenses.
The Company’s first quarter and Fiscal 2026 outlook implies that in the last nine months of Fiscal 2026, consolidated comparable store sales would be up
Stores by Concept
During the fiscal year ended February 1, 2025, the Company increased its store count by 131 stores overall to a total of 5,085 stores and increased square footage by
|
Store Locations1
|
Gross Square Feet
|
||
|
Beginning |
End |
Beginning |
End |
|
|
|
|
|
In the |
|
|
|
|
TJ Maxx |
1,319 |
1,333 |
35.7 |
36.0 |
Marshalls |
1,197 |
1,230 |
33.7 |
34.4 |
HomeGoods |
919 |
943 |
21.4 |
22.1 |
Sierra |
95 |
117 |
2.0 |
2.4 |
Homesense |
55 |
72 |
1.5 |
2.0 |
In |
|
|
|
|
Winners |
302 |
307 |
8.2 |
8.4 |
HomeSense |
158 |
160 |
3.7 |
3.8 |
Marshalls |
106 |
109 |
2.8 |
2.9 |
In |
|
|
|
|
TK Maxx |
644 |
655 |
17.9 |
18.1 |
Homesense |
79 |
75 |
1.5 |
1.4 |
In |
|
|
|
|
TK Maxx |
80 |
84 |
1.7 |
1.7 |
|
|
|
|
|
TJX |
4,954 |
5,085 |
130.1 |
133.2 |
1Store counts above include both banners within a combo or a superstore. |
||||
Impact of Foreign Currency Exchange Rates
Changes in foreign currency exchange rates affect the translation of sales and earnings of the Company’s international businesses into
The movement in foreign currency exchange rates had a neutral impact on the Company’s net sales growth in the fourth quarter of Fiscal 2025 versus the prior year. The overall net impact of foreign currency exchange rates was neutral on fourth quarter Fiscal 2025 diluted earnings per share.
The movement in foreign currency exchange rates had a neutral impact on the Company’s net sales growth in Fiscal 2025 versus the prior year. The overall net impact of foreign currency exchange rates had a
A table detailing the impact of foreign currency on TJX’s net sales, pretax profit margins, as well as those of its international businesses, can be found in the Investors section of TJX.com.
The foreign currency exchange rate impact to diluted earnings per share does not include the impact currency exchange rates have on various transactions, which the Company refers to as “transactional foreign exchange.”
About The TJX Companies, Inc.
The TJX Companies, Inc., a Fortune 100 company, is the leading off-price retailer of apparel and home fashions in the
Fourth Quarter and Full Year Fiscal 2025 Earnings Conference Call
At 11:00 a.m. ET today, Ernie Herrman, Chief Executive Officer and President of TJX, will hold a conference call to discuss the Company’s fourth quarter and full year Fiscal 2025 results, operations, and business trends. A real-time webcast of the call will be available to the public at TJX.com. A replay of the call will also be available by dialing (866) 367-5577 (toll free) or (203) 369-0233 through Tuesday, March 4, 2025, or at TJX.com.
Non-GAAP Financial Information
The Company reports its financial results in accordance with generally accepted accounting principles in the
Important Information at Website
Archived versions of the Company’s conference calls are available in the Investors section of TJX.com after they are no longer available by telephone, as are reconciliations of non-GAAP financial measures to GAAP financial measures and other financial information. The Company routinely posts information that may be important to investors in the Investors section at TJX.com. The Company encourages investors to consult that section of its website regularly.
Forward-looking Statement
Various statements made in this release are forward-looking, and are inherently subject to a number of risks and uncertainties. All statements that address activities, events or developments that we intend, expect or believe may occur in the future are forward-looking statements, including, among others, statements regarding the Company’s anticipated operating and financial performance, business plans and prospects, dividends and share repurchases, and first quarter, last nine months, and full year Fiscal 2026 outlook. These statements are typically accompanied by the words “aim,” “anticipate,” “aspire,” “believe,” “continue,” “could,” “should,” “estimate,” “expect,” “forecast,” “goal,” “hope,” “intend,” “may,” “plan,” “project,” “potential,” “seek,” “strive,” “target,” “will,” “would,” or similar words, although not all forward-looking statements contain these identifying words. Each forward-looking statement contained in this press release is inherently subject to risks, uncertainties and potentially inaccurate assumptions that could cause actual results to differ materially from those expressed or implied by such statement. We cannot guarantee that the results and other expectations expressed, anticipated or implied in any forward-looking statement will be realized. Applicable risks and uncertainties include, among others, execution of buying strategy and inventory management; customer trends and preferences; competition; various marketing efforts; operational and business expansion; management of large size and scale; merchandise sourcing and transport; international trade and tariff policies; data security and maintenance and development of information technology systems; labor costs and workforce challenges; personnel recruitment, training and retention; corporate and retail banner reputation; evolving corporate governance and public disclosure regulations and expectations with respect to environmental, social and governance matters; expanding international operations; fluctuations in quarterly operating results and market expectations; inventory or asset loss; cash flow; mergers, acquisitions, or business investments and divestitures, closings or business consolidations; real estate activities; economic conditions and consumer spending; market instability; severe weather, serious disruptions or catastrophic events; disproportionate impact of disruptions during the fiscal year; commodity availability and pricing; fluctuations in currency exchange rates; compliance with laws, regulations and orders and changes in laws, regulations and applicable accounting standards; outcomes of litigation, legal proceedings and other legal or regulatory matters; quality, safety and other issues with our merchandise; tax matters; and other factors set forth under Item 1A of our most recent Annual Report on Form 10-K, as well as other information we file with the Securities and Exchange Commission ( “SEC”).
We caution investors, potential investors and others not to place considerable reliance on the forward-looking statements contained in this release. You are encouraged to read any further disclosures we may make in our future reports to the SEC, available at www.sec.gov, on our website, or otherwise. Our forward-looking statements in this release speak only as of the date of this release, and we undertake no obligation to update or revise any of these statements, unless required by law, even if experience or future changes make it clear that any projected results expressed or implied in such statements will not be realized. Our business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should give careful consideration to these risks and uncertainties.
The TJX Companies, Inc. and Consolidated Subsidiaries Financial Summary (Unaudited) (In Millions Except Per Share Amounts) |
||||||||||||
|
Thirteen
|
Fourteen
|
Fifty-Two
|
Fifty-Three
|
||||||||
|
February 1,
|
February 3,
|
February 1,
|
February 3,
|
||||||||
Net sales |
$ |
16,350 |
|
$ |
16,411 |
|
$ |
56,360 |
|
$ |
54,217 |
|
Cost of sales, including buying and occupancy costs |
|
11,371 |
|
|
11,528 |
|
|
39,112 |
|
|
37,951 |
|
Selling, general and administrative expenses |
|
3,132 |
|
|
3,094 |
|
|
10,946 |
|
|
10,469 |
|
Interest (income) expense, net |
|
(42 |
) |
|
(54 |
) |
|
(181 |
) |
|
(170 |
) |
Income before income taxes |
|
1,889 |
|
|
1,843 |
|
|
6,483 |
|
|
5,967 |
|
Provision for income taxes |
|
491 |
|
|
440 |
|
|
1,619 |
|
|
1,493 |
|
Net income |
$ |
1,398 |
|
$ |
1,403 |
|
$ |
4,864 |
|
$ |
4,474 |
|
Diluted earnings per share |
$ |
1.23 |
|
$ |
1.22 |
|
$ |
4.26 |
|
$ |
3.86 |
|
Cash dividends declared per share |
$ |
0.375 |
|
$ |
0.3325 |
|
$ |
1.50 |
|
$ |
1.33 |
|
Weighted average common shares – diluted |
|
1,138 |
|
|
1,152 |
|
|
1,142 |
|
|
1,159 |
|
The TJX Companies, Inc. and Consolidated Subsidiaries Condensed Balance Sheets (Unaudited) (In Millions) |
||||
|
February 1,
|
February 3,
|
||
Assets |
|
|
||
Current assets: |
|
|
||
Cash and cash equivalents |
$ |
5,335 |
$ |
5,600 |
Accounts receivable and other current assets |
|
1,235 |
|
1,099 |
Merchandise inventories |
|
6,421 |
|
5,965 |
Total current assets |
|
12,991 |
|
12,664 |
Net property at cost |
|
7,346 |
|
6,571 |
Operating lease right of use assets |
|
9,641 |
|
9,396 |
Goodwill |
|
94 |
|
95 |
Other assets |
|
1,677 |
|
1,021 |
Total assets |
$ |
31,749 |
$ |
29,747 |
Liabilities and shareholders' equity |
|
|
||
Current liabilities: |
|
|
||
Accounts payable |
$ |
4,257 |
$ |
3,862 |
Accrued expenses and other current liabilities |
|
5,115 |
|
4,969 |
Current portion of operating lease liabilities |
|
1,636 |
|
1,620 |
Total current liabilities |
|
11,008 |
|
10,451 |
Other long-term liabilities |
|
1,050 |
|
924 |
Non-current deferred income taxes, net |
|
156 |
|
148 |
Long-term operating lease liabilities |
|
8,276 |
|
8,060 |
Long-term debt |
|
2,866 |
|
2,862 |
|
|
|
||
Shareholders’ equity |
|
8,393 |
|
7,302 |
Total liabilities and shareholders' equity |
$ |
31,749 |
$ |
29,747 |
The TJX Companies, Inc. and Consolidated Subsidiaries Condensed Statements of Cash Flows (Unaudited) (In Millions) |
||||||
|
Fifty-Two
|
Fifty-Three
|
||||
|
February 1,
|
February 3,
|
||||
Cash flows from operating activities: |
|
|
||||
Net income |
$ |
4,864 |
|
$ |
4,474 |
|
Adjustments to reconcile net income to net cash provided by operating activities: |
||||||
Depreciation and amortization |
|
1,104 |
|
|
964 |
|
Deferred income tax provision (benefit) |
|
28 |
|
|
(7 |
) |
Share-based compensation |
|
183 |
|
|
160 |
|
Changes in assets and liabilities: |
|
|
||||
(Increase) in accounts receivable and other assets |
|
(57 |
) |
|
(3 |
) |
(Increase) in merchandise inventories |
|
(539 |
) |
|
(145 |
) |
(Increase) decrease in income taxes recoverable |
|
(10 |
) |
|
60 |
|
Increase in accounts payable |
|
448 |
|
|
64 |
|
Increase in accrued expenses and other liabilities |
|
197 |
|
|
489 |
|
(Decrease) in net operating lease liabilities |
|
(12 |
) |
|
(18 |
) |
Other, net |
|
(90 |
) |
|
19 |
|
Net cash provided by operating activities |
|
6,116 |
|
|
6,057 |
|
Cash flows from investing activities: |
|
|
||||
Property additions |
|
(1,918 |
) |
|
(1,722 |
) |
Purchase of equity investments |
|
(551 |
) |
|
— |
|
Purchase of investments |
|
(35 |
) |
|
(28 |
) |
Sales and maturities of investments |
|
27 |
|
|
33 |
|
Net cash (used in) investing activities |
|
(2,477 |
) |
|
(1,717 |
) |
Cash flows from financing activities: |
|
|
||||
Repayment of debt |
|
— |
|
|
(500 |
) |
Payments for repurchase of common stock |
|
(2,513 |
) |
|
(2,484 |
) |
Proceeds from issuance of common stock |
|
366 |
|
|
285 |
|
Cash dividends paid |
|
(1,648 |
) |
|
(1,484 |
) |
Other |
|
(43 |
) |
|
(32 |
) |
Net cash (used in) financing activities |
|
(3,838 |
) |
|
(4,215 |
) |
Effect of exchange rate changes on cash |
|
(66 |
) |
|
(2 |
) |
Net (decrease) increase in cash and cash equivalents |
|
(265 |
) |
|
123 |
|
Cash and cash equivalents at beginning of year |
|
5,600 |
|
|
5,477 |
|
Cash and cash equivalents at end of period |
$ |
5,335 |
|
$ |
5,600 |
|
The TJX Companies, Inc. and Consolidated Subsidiaries Selected Information by Major Business Segment (Unaudited) (In Millions) |
||||||||||||
|
Thirteen
|
Fourteen
|
Fifty-Two
|
Fifty-Three
|
||||||||
|
February 1,
|
February 3,
|
February 1,
|
February 3,
|
||||||||
Net sales: |
|
|
|
|
||||||||
In |
|
|
|
|
||||||||
Marmaxx |
$ |
9,971 |
|
$ |
10,037 |
|
$ |
34,604 |
|
$ |
33,413 |
|
HomeGoods |
|
2,851 |
|
|
2,805 |
|
|
9,386 |
|
|
8,990 |
|
TJX Canada |
|
1,450 |
|
|
1,468 |
|
|
5,189 |
|
|
5,046 |
|
TJX International |
|
2,078 |
|
|
2,101 |
|
|
7,181 |
|
|
6,768 |
|
Total net sales |
$ |
16,350 |
|
$ |
16,411 |
|
$ |
56,360 |
|
$ |
54,217 |
|
Segment profit: |
|
|
|
|
||||||||
In |
|
|
|
|
||||||||
Marmaxx |
$ |
1,400 |
|
$ |
1,351 |
|
$ |
4,895 |
|
$ |
4,597 |
|
HomeGoods |
|
342 |
|
|
314 |
|
|
1,021 |
|
|
861 |
|
TJX Canada |
|
170 |
|
|
183 |
|
|
703 |
|
|
715 |
|
TJX International |
|
151 |
|
|
174 |
|
|
422 |
|
|
332 |
|
Total segment profit |
|
2,063 |
|
|
2,022 |
|
|
7,041 |
|
|
6,505 |
|
General corporate expense |
|
216 |
|
|
233 |
|
|
739 |
|
|
708 |
|
Interest (income) expense, net |
|
(42 |
) |
|
(54 |
) |
|
(181 |
) |
|
(170 |
) |
Income before income taxes |
$ |
1,889 |
|
$ |
1,843 |
|
$ |
6,483 |
|
$ |
5,967 |
|
The TJX Companies, Inc. and Consolidated Subsidiaries
Notes to Consolidated Condensed Statements
-
During the fourth quarter ended February 1, 2025, the Company returned
$1.3 billion $853 million $421 million $4.1 billion $2.5 billion $1.6 billion $2.5 billion $1.1 billion
-
During the fourth quarter ended February 1, 2025, the Company completed its
35% ownership stake investment in Brands for Less (“BFL”) for$358 million $344 million $14 million
-
During the third quarter ended November 2, 2024, the Company completed its investment in the joint venture with Grupo Axo, S.A.P.I. de C.V. (Axo) for a
49% interest in Multibrand Outlet Stores, S.A.P.I. de C.V., Axo’s off-price, physical store business for$193 million $179 million $14 million
View source version on businesswire.com: https://www.businesswire.com/news/home/20250225572361/en/
Debra McConnell
Global Communications
(508) 390-2323
Source: The TJX Companies, Inc.
FAQ
What was TJX's comparable store sales growth in Q4 2025?
How much does TJX plan to return to shareholders through buybacks in FY26?
What is TJX's planned dividend increase for 2025?
What are TJX's earnings per share projections for FY26?
How much cash did TJX return to shareholders in FY25?
