The company said net sales for Q3 (ended November 2, 2024) in fiscal 2025 rose 6% from the same quarter a year earlier to $14.1 billion, from $13.3 billion a year earlier, and comp store sales increased 3%.

1. 01

   The company said net sales for Q3 (ended November 2, 2024) in fiscal 2025 rose 6% from the same quarter a year earlier to $14.1 billion, from $13.3 billion a year earlier, and comp store sales increased 3%.

2. 02

   The company said diluted earnings per share for Q3 were $1.14, versus $1.03 in the same quarter a year earlier, and its pre-tax profit margin was 12.3%, compared with 12.0%. It added that its cost of sales ratio was 68.4%, compared with 68.9%.

3. 03

   The company said net cash provided by operating activities was $3.4 billion for the 9 months ended November 2, 2024, and that it used $1.7 billion for share repurchases and $1.2 billion for dividend payments.

4. 04

   TJX said it completed its investment in a joint venture with Grupo Axo to hold a 49% stake in Multibrand Outlet Stores S.A.P.I. de C.V. (MOS), Axo's off-price store business in Mexico, on September 3, 2024 for $192 million, and that it is accounted for under the equity method.

Key figures

Quarter ended November 2, 2024

Revenue

$14.1B

Net income

$1.3B

EPS

$1.14

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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