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Segment Information (Tables) | 6 Months Ended
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Aug. 02, 2025
Segment Reporting [Abstract] |
Summary of Financial Information on Business Segments | Presented below is financial information with respect to TJX’s segments:
| Thirteen Weeks Ended | Twenty-Six Weeks Ended
In millions | August 2, 2025 | August 3, 2024 | August 2, 2025 | August 3, 2024
Marmaxx |  |  |  |
Net sales | $ | 8,841 |  | $ | 8,445 |  | $ | 16,893 |  | $ | 16,195 |
Segment expenses(a) | 7,587 |  | 7,254 |  | 14,532 |  | 13,907 |
Segment profit | $ | 1,254 |  | $ | 1,191 |  | $ | 2,361 |  | $ | 2,288 |
HomeGoods |  |  |  |
Net sales | $ | 2,286 |  | $ | 2,101 |  | $ | 4,540 |  | $ | 4,180 |
Segment expenses(a) | 2,058 |  | 1,910 |  | 4,082 |  | 3,791 |
Segment profit | $ | 228 |  | $ | 191 |  | $ | 458 |  | $ | 389 |
TJX Canada |  |  |  |
Net sales | $ | 1,381 |  | $ | 1,244 |  | $ | 2,525 |  | $ | 2,357 |
Segment expenses(a) | 1,160 |  | 1,057 |  | 2,182 |  | 2,033 |
Segment profit | $ | 221 |  | $ | 187 |  | $ | 343 |  | $ | 324 |
TJX International |  |  |  |
Net sales | $ | 1,893 |  | $ | 1,678 |  | $ | 3,554 |  | $ | 3,215 |
Segment expenses(a) | 1,794 |  | 1,605 |  | 3,383 |  | 3,081 |
Segment profit | $ | 99 |  | $ | 73 |  | $ | 171 |  | $ | 134 |
Total TJX |  |  |  |
Net sales | $ | 14,401 |  | $ | 13,468 |  | $ | 27,512 |  | $ | 25,947 |
Segment expenses(a) | 12,599 |  | 11,826 |  | 24,179 |  | 22,812 |
Segment profit | $ | 1,802 |  | $ | 1,642 |  | $ | 3,333 |  | $ | 3,135 |
General corporate expense | 182 |  | 220 |  | 397 |  | 373 |
Interest (income) expense, net | (27) |  | (46) |  | (57) |  | (96) |
Income before income taxes | $ | 1,647 |  | $ | 1,468 |  | $ | 2,993 |  | $ | 2,858 |
(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 February 1, 2025 for more information on the classifications. The following table presents identifiable assets by segment:
In millions | August 2, 2025 | February 1, 2025 | August 3, 2024
Identifiable assets: |  |  |
In the United States: |  |  |
Marmaxx | $ | 14,943 |  | $ | 14,137 |  | $ | 13,535 |
HomeGoods | 4,201 |  | 4,037 |  | 3,938 |
TJX Canada | 2,520 |  | 2,128 |  | 2,277 |
TJX International | 4,647 |  | 4,243 |  | 4,323 |
Segment identifiable assets | $ | 26,311 |  | $ | 24,545 |  | $ | 24,073 |
Corporate(a) | 6,574 |  | 7,204 |  | 6,482 |
Total identifiable assets | $ | 32,885 |  | $ | 31,749 |  | $ | 30,555 |
(a)Corporate identifiable assets primarily include cash and trust assets from the Executive Savings Plan, and as of August 2, 2025 and February 1, 2025, include 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 | Twenty-Six Weeks Ended
In millions | August 2, 2025 | August 3, 2024 | August 2, 2025 | August 3, 2024
Capital expenditures: |  |  |  |
In the United States: |  |  |  |
Marmaxx | $ | 311 |  | $ | 269 |  | $ | 650 |  | $ | 516 |
HomeGoods | 57 |  | 191 |  | 118 |  | 260 |
TJX Canada | 39 |  | 44 |  | 73 |  | 82 |
TJX International | 54 |  | 59 |  | 117 |  | 124 |
Total capital expenditures | $ | 461 |  | $ | 563 |  | $ | 958 |  | $ | 982 |
Depreciation and amortization: |  |  |  |
In the United States: |  |  |  |
Marmaxx | $ | 169 |  | $ | 143 |  | $ | 334 |  | $ | 287 |
HomeGoods | 57 |  | 51 |  | 113 |  | 102 |
TJX Canada | 26 |  | 23 |  | 50 |  | 44 |
TJX International | 55 |  | 47 |  | 105 |  | 94 |
Segment depreciation and amortization | $ | 307 |  | $ | 264 |  | $ | 602 |  | $ | 527 |
Corporate(a) | 1 |  | 1 |  | 2 |  | 2 |
Total depreciation and amortization | $ | 308 |  | $ | 265 |  | $ | 604 |  | $ | 529 |
(a)Includes debt discount accretion and debt expense amortization.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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