XML 27 R16.htm IDEA: XBRL DOCUMENT v3.24.3
Segment Information
 9 Months Ended
Nov. 02, 2024
Segment Reporting [Abstract]  
Segment Information Segment Information
TJX operates four main business segments. 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 main business 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.
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 (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 business segments:
 Thirteen Weeks EndedThirty-Nine Weeks Ended
In millionsNovember 2,
2024		October 28,
2023		November 2,
2024		October 28,
2023
Net sales:
In the United States:
Marmaxx$8,438 $8,107 $24,633 $23,376 
HomeGoods2,355 2,208 6,535 6,185 
TJX Canada1,382 1,317 3,739 3,578 
TJX International1,888 1,633 5,103 4,667 
Total net sales$14,063 $13,265 $40,010 $37,806 
Segment profit:
In the United States:
Marmaxx$1,207 $1,134 $3,495 $3,246 
HomeGoods290 228 679 547 
TJX Canada209 223 533 532 
TJX International137 88 271 158 
Total segment profit1,843 1,673 4,978 4,483 
General corporate expense150 125 523 475 
Interest (income) expense, net(43)(41)(139)(116)
Income before income taxes$1,736 $1,589 $4,594 $4,124