TJX · 10-Q · 2026Q3 · Full report

Segment Profitability

TJX COMPANIES INC /DE/ · 2026-08-28 · Importance 62 · Surprise 58

Marmaxx second-quarter segment profit increased to $1.424 billion from $1.254 billion, and its margin expanded to 15.6% from 14.2%, primarily from tariff refunds and higher markon. HomeGoods margin expanded to 17.6% from 10.0% in the quarter and to 15.2% from 10.1% for six months, supported by tariff refunds, favorable merchandise margin, lower supply-chain and store costs, and sales leverage. TJX Canada’s quarterly margin declined to 15.6% from 16.0% because of tariff-related compensation accruals and payroll costs, while its six-month margin increased to 13.8% from 13.6%. TJX International margin increased to 6.4% from 5.2% in the quarter and to 5.6% from 4.8% for six months, driven by merchandise margin and expense leverage.

Key facts

• HomeGoods segment profit margin increased to 17.6% for the second quarter of fiscal 2027 compared to 10.0% for the same period last year. source
• Marmaxx segment: thirteen weeks net sales $9,109 million and segment profit $1,424 million for the thirteen weeks ended August 1, 2026. source
• Total TJX segment profit: $2,229 million for the thirteen weeks ended August 1, 2026. source
• Pre-tax profit margin for the second quarter of fiscal 2027 was 13.3%, a 1.9 percentage point increase compared with 11.4% in the second quarter of fiscal 2026. source
• Marmaxx segment profit margin was 15.6% for the second quarter of fiscal 2027 compared to 14.2% for the same period last year. source
• HomeGoods segment: thirteen weeks net sales $2,507 million and segment expenses $2,066 million for the thirteen weeks ended August 1, 2026. source
• TJX Canada segment: thirteen weeks net sales $1,470 million and segment expenses $1,241 million for the thirteen weeks ended August 1, 2026. source
• TJX International segment: thirteen weeks net sales $2,094 million and segment expenses $1,959 million for the thirteen weeks ended August 1, 2026. source