Home Street Fashion US’ TJX Companies’ net sales rise 6% to $12.5 bn in Q1...

US’ TJX Companies’ net sales rise 6% to $12.5 bn in Q1 FY25

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The TJX Companies reported Q1 FY25 net sales of $12.5 billion, a 6 per cent increase from last year, with a 3 per cent rise in comparable store sales.
Net income was $1.1 billion.
Gross profit margin rose to 30 per cent.
Divisional highlights include Marmaxx at $7.75 billion, TJX Canada at $1.11 billion, and TJX International at $1.54 billion.The TJX Companies reported Q1 FY25 net sales of $12.5 billion, a 6 per cent increase from last year, with a 3 per cent rise in comparable store sales.
Net income was $1.1 billion.
Gross profit margin rose to 30 per cent.
Divisional highlights include Marmaxx at $7.75 billion, TJX Canada at $1.11 billion, and TJX International at $1.54 billion.