TJX Reports Record Sales and Expanding Global Footprint

The off-price retail giant saw strong growth in 2024, opened its 5,000th store, and announced plans for further international expansion.

TJX Companies, parent of T.J. Maxx, Marshalls, and HomeGoods, reported record annual sales of $56.4 billion for fiscal 2025, a 4% increase year-over-year.
Comparable store sales rose by 5% in the fourth quarter, driven by increased customer transactions across all divisions and regions.
The company opened its 5,000th store during the year and plans to increase its total store count to 7,000 globally, including entering Spain in 2026.
TJX announced a new stock buyback program worth up to $2.5 billion and plans to boost its quarterly dividend by 13%, pending board approval.
Despite a cautious fiscal 2026 outlook, TJX's flexible business model and strong vendor network position it for continued growth in a challenging retail environment.