TK Maxx back in the black

TK Maxx back in the black

TK Maxx which is operated by TJX Companies along with Homesense has reported group revenues of £3.3 billion for the year to 31st January 2022. This is up from £2.2 billion for the previous year.

Pre-tax profit rose to £492.3 million from £115.3 million with pre-tax profit at £14.4 million as compared with the prior year’s loss of £255.7 million.

The business has 352 stores under the TK Maxx fascia and 75 for Homesense, having opened three for TK Maxx and closed one Homesense store during the period.


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