v3.26.1
Segment Information
12 Months Ended
Jan. 31, 2026
Segment Reporting [Abstract]  
Segment Information Segment Information
TJX operates four segments. TJX defines its segments as those operations whose results the Chief Executive Officer, who is the Company’s chief operating decision maker (“CODM”), regularly reviews to analyze performance and allocate resources. In the United States, the Marmaxx segment operates TJ Maxx, Marshalls, tjmaxx.com and marshalls.com and the HomeGoods segment operates HomeGoods and Homesense. The TJX Canada segment operates Winners, HomeSense and Marshalls in Canada, and the TJX International segment operates TK Maxx, Homesense, tkmaxx.com, tkmaxx.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 percentages of the Company’s consolidated revenues by major product category for the last three fiscal years are as follows:
Fiscal 2026Fiscal 2025Fiscal 2024
Apparel:
Clothing including footwear44 %44 %47 %
Accessories including jewelry and beauty20 21 18 
Home fashions36 35 35 
Total100 %100 %100 %
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.
Presented below is financial information with respect to TJX’s segments:
  Fiscal Year Ended
In millionsJanuary 31,
2026
February 1,
2025
February 3,
2024
(53 weeks)
United States:
Marmaxx
Net sales$36,585 $34,604 $33,413 
Segment expenses(a)
31,057 29,709 28,816 
Segment profit$5,528 $4,895 $4,597 
HomeGoods
Net sales$10,172 $9,386 $8,990 
Segment expenses(a)
8,926 8,365 8,129 
Segment profit$1,246 $1,021 $861 
TJX Canada
Net sales$5,629 $5,189 $5,046 
Segment expenses(a)
4,872 4,486 4,331 
Segment profit$757 $703 $715 
TJX International
Net sales$7,986 $7,181 $6,768 
Segment expenses(a)
7,428 6,759 6,436 
Segment profit$558 $422 $332 
Total TJX
Net sales$60,372 $56,360 $54,217 
Segment expenses(a)
52,283 49,319 47,712 
Segment profit$8,089 $7,041 $6,505 
General corporate expense911 739 708 
Interest (income) expense, net(121)(181)(170)
Income before income taxes$7,299 $6,483 $5,967 
(a)     Segment expenses for each reportable segment include cost of sales and selling, general and administrative expenses. Cost of sales includes buying and occupancy costs, cost of merchandise sold, and other expenses. Selling, general and administrative expenses include store payroll and benefit costs, communication costs, and other expenses. Refer to Note A - Basis of Presentation and Summary of Accounting Principles for more information on the classifications.
Segment information (continued):
  Fiscal Year Ended
In millionsJanuary 31,
2026
February 1,
2025
February 3,
2024
Identifiable assets:
United States:
Marmaxx$15,789 $14,137 $12,993 
HomeGoods4,307 4,037 3,828 
TJX Canada2,485 2,128 2,083 
TJX International4,916 4,243 4,154 
Segment identifiable assets$27,497 $24,545 $23,058 
Corporate(a)
8,270 7,204 6,689 
Total identifiable assets
$35,767 $31,749 $29,747 
Capital expenditures:
United States:
Marmaxx$1,261 $1,102 $950 
HomeGoods311 400 345 
TJX Canada146 151 157 
TJX International239 265 270 
Total capital expenditures
$1,957 $1,918 $1,722 
Depreciation and amortization:
United States:
Marmaxx$695 $595 $525 
HomeGoods229 210 182 
TJX Canada103 90 76 
TJX International216 205 177 
Segment depreciation and amortization$1,243 $1,100 $960 
Corporate(b)
4 
Total depreciation and amortization$1,247 $1,104 $964 
(a)Corporate identifiable assets mainly include cash and trust assets from the Executive Savings Plan and in both fiscal 2026 and fiscal 2025 includes the equity method investments. Consolidated cash, including that held by foreign entities, is reported with Corporate assets for consistency with segment reporting in the U.S.
(b)Includes debt discount accretion and debt expense amortization.