TJX Companies HomeGoods — Segment expenses increased by 20.7% to $2.65B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 5.6%, from $2.51B to $2.65B. Over 3 years (FY 2023 to FY 2026), HomeGoods — Segment expenses shows an upward trend with a 4.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase relative to sales suggests margin compression, while a decrease relative to sales suggests improved operational efficiency.
This metric captures the total operating costs directly attributable to the HomeGoods segment, including cost of goods s...
Comparable to segment-level operating expenses reported by other large-scale specialty retailers.
tjx_segment_homegoods_segment_expenses| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.94B | $1.94B | $1.94B | $1.94B | $2.03B | $2.03B | $2.03B | $2.03B | $1.88B | $1.91B | $2.07B | $2.51B | $2.02B | $2.06B | $2.20B | $2.65B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +5.0% | +0.0% | +0.0% | +0.0% | -7.4% | +1.5% | +8.1% | +21.5% | -19.3% | +1.7% | +6.7% | +20.7% |
| YoY Change | — | — | — | — | +5.0% | +5.0% | +5.0% | +5.0% | -7.4% | -6.0% | +1.6% | +23.5% | +7.6% | +7.7% | +6.3% | +5.6% |