Off-price leader TJX announces 2025 brick-and-mortar expansion plans as it passes 5,000 stores

1 month ago 10

TJX, parent company to off-price leaders like TJ Maxx and Marshalls, reported 4% sales growth during its full-year fiscal 2025 meeting on Wednesday.

“For the full year, overall sales surpassed $56 billion and we opened our 5,000th store, a milestone for our company,” Ernie Herrman, CEO and president of The TJX Companies, said during Wednesday’s earnings call. 

In total, TJX reached $56.4 billion in sales for its fiscal 2025. This included a consistent holiday selling season through its fiscal fourth quarter, which included $16.4 billion in flat year-over-year quarterly sales. 

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