TJX Companies reported strong financial results for Q3 fiscal 2025, with net sales increasing 6% to $14.1 billion and comparable store sales rising 3%. Net income grew to $1.3 billion, with diluted earnings per share reaching $1.14, up 11% from $1.03 in the prior year. The company's gross margin improved by 0.5 percentage points to 68.4%, driven by higher merchandise margins and improved markon.The company's performance was led by strong results across divisions, with TJX International showing notable improvement with segment profit margin increasing to 7.3% from 5.4%. Marmaxx, the company's largest division, delivered a 4% sales increase to $8.4 billion with comparable store sales up 2%. HomeGoods segment saw profit margin expand significantly to 12.3% from 10.3%.Looking ahead, TJX maintains a strong financial position with $4.7 billion in cash and plans to repurchase approximately $2.25 billion to $2.5 billion of stock in fiscal 2025. The company also announced plans to enter Spain with its TK Maxx banner in fiscal 2027 and completed strategic investments in Mexico and Middle East retail operations through joint ventures with Grupo Axo and Brands for Less.

TJX Companies reported strong financial results for Q3 fiscal 2025, with net sales increasing 6% to $14.1 billion and comparable store sales rising 3%. Net income grew to $1.3 billion, with diluted earnings per share reaching $1.14, up 11% from $1.03 in the prior year. The company's gross margin improved by 0.5 percentage points to 68.4%, driven by higher merchandise margins and improved markon.The company's performance was led by strong results across divisions, with TJX International showing notable improvement with segment profit margin increasing to 7.3% from 5.4%. Marmaxx, the company's largest division, delivered a 4% sales increase to $8.4 billion with comparable store sales up 2%. HomeGoods segment saw profit margin expand significantly to 12.3% from 10.3%.Looking ahead, TJX maintains a strong financial position with $4.7 billion in cash and plans to repurchase approximately $2.25 billion to $2.5 billion of stock in fiscal 2025. The company also announced plans to enter Spain with its TK Maxx banner in fiscal 2027 and completed strategic investments in Mexico and Middle East retail operations through joint ventures with Grupo Axo and Brands for Less.