v3.26.1
Segment Information
 3 Months Ended
May 02, 2026
Segment Reporting [Abstract]  
Segment Information Segment Information
TJX operates four segments. TJX defines its segments as those operations whose results are regularly reviewed by the Chief Executive Officer, who is the Company’s chief operating decision maker (“CODM”), 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 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.
Presented below is financial information with respect to TJX’s segments:
 Thirteen Weeks Ended
In millionsMay 2,
2026		May 3,
2025
United States:
Marmaxx
Net sales$8,650 $8,052 
Segment expenses(a)
7,381 6,945 
Segment profit$1,269 $1,107 
HomeGoods
Net sales$2,506 $2,254 
Segment expenses(a)
2,183 2,024 
Segment profit$323 $230 
TJX Canada
Net sales$1,285 $1,144 
Segment expenses(a)
1,135 1,022 
Segment profit$150 $122 
TJX International
Net sales$1,882 $1,661 
Segment expenses(a)
1,795 1,589 
Segment profit$87 $72 
Total TJX
Net sales$14,323 $13,111 
Segment expenses(a)
12,494 11,580 
Segment profit$1,829 $1,531 
General corporate expense143 215 
Interest (income) expense, net(35)(30)
Income before income taxes$1,721 $1,346 
(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 Policies of Notes to Consolidated Financial Statements included in TJX’s Annual Report on Form 10-K for the fiscal year ended January 31, 2026 for more information on the classifications.
The following table presents identifiable assets by segment:
In millionsMay 2,
2026		January 31,
2026		May 3,
2025
Identifiable assets:
United States:
Marmaxx$16,612 $15,789 $14,747 
HomeGoods4,234 4,307 4,172 
TJX Canada2,646 2,485 2,333 
TJX International4,956 4,916 4,534 
Segment identifiable assets$28,448 $27,497 $25,786 
Corporate(a)
7,710 8,270 6,072 
Total identifiable assets
$36,158 $35,767 $31,858 
(a)Corporate identifiable assets primarily include cash and trust assets from the Executive Savings Plan and 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.
The following table presents capital expenditures and depreciation and amortization by segment:
Thirteen Weeks Ended
In millionsMay 2,
2026		May 3,
2025
Capital expenditures:
United States:
Marmaxx$374 $339 
HomeGoods69 61 
TJX Canada150 34 
TJX International69 63 
Total capital expenditures
$662 $497 
Depreciation and amortization:
United States:
Marmaxx$190 $165 
HomeGoods60 56 
TJX Canada28 24 
TJX International57 50 
Segment depreciation and amortization$335 $295 
Corporate(a)
1 1 
Total depreciation and amortization$336 $296 
(a)Includes debt discount accretion and debt expense amortization.