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Segment Information
6 Months Ended
Jul. 30, 2022
Segment Reporting [Abstract]  
Segment Information Segment Information
TJX operates four main business segments. The Marmaxx segment (T.J. Maxx, Marshalls, tjmaxx.com and marshalls.com) and the HomeGoods segment (HomeGoods, Homesense, and homegoods.com) both operate in the United States, the TJX Canada segment operates Winners, HomeSense and Marshalls in Canada, and the TJX International segment operates T.K. Maxx, Homesense and tkmaxx.com in Europe and T.K. Maxx in Australia. In addition to the Company’s four main business segments, Sierra operates sierra.com and retail stores 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, sell family apparel and home fashions. HomeGoods and HomeSense offer home fashions.
TJX evaluates the performance of its segments based on “segment profit or loss,” which it defines as pre-tax income or loss before general corporate expense, interest 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 business segments:
 Thirteen Weeks EndedTwenty-Six Weeks Ended
In thousandsJuly 30,
2022
July 31,
2021
July 30,
2022
July 31,
2021
Net sales:
In the United States:
Marmaxx$7,235,219 $7,348,931 $14,107,489 $13,989,417 
HomeGoods1,856,313 2,083,261 3,892,098 4,225,017 
TJX Canada1,248,706 1,021,549 2,330,234 1,787,085 
TJX International1,502,770 1,623,322 2,919,661 2,162,205 
Total net sales$11,843,008 $12,077,063 $23,249,482 $22,163,724 
Segment profit (loss):
In the United States:
Marmaxx$933,177 $1,014,175 $1,837,399 $1,839,030 
HomeGoods49,616 182,526 171,601 434,128 
TJX Canada197,772 118,686 324,390 190,263 
TJX International104,615 173,456 117,847 (48,102)
Total segment profit1,285,180 1,488,843 2,451,237 2,415,319 
General corporate expense188,583 163,602 265,961 324,044 
Impairment on equity investment — 217,619 — 
Loss on early extinguishment of debt 242,248  242,248 
Interest expense, net11,007 28,661 29,792 73,349 
Income before income taxes$1,085,590 $1,054,332 $1,937,865 $1,775,678