Quick Answer
TJX is the parent company of T.J. Maxx, Marshalls, HomeGoods, Sierra, Winners, HomeSense, Marshalls Canada, and TK Maxx. It reported $60.372 billion in fiscal 2026 net sales and $5.494 billion in net income.
Business Model
TJX buys merchandise opportunistically from a large vendor network and sells it through off-price stores. The model works because vendors need a discreet outlet for excess inventory and shoppers enjoy branded value in a constantly changing store assortment.
Financial Performance
Net sales rose from $54.217 billion in fiscal 2024 to $56.360 billion in fiscal 2025 and $60.372 billion in fiscal 2026. That growth shows continued demand for off-price retail even as full-price apparel chains and department stores face heavier promotional pressure.
Strategy and Risks
TJX is expanding stores and home categories while relying on buying discipline to preserve assortment quality. The biggest risks are weaker consumer demand, retail shrink, wage and freight inflation, and tighter availability of premium closeout merchandise.
