The TJX Companies Inc reported QQ3 2025 results with revenue of $14.063 billion, marking a year-over-year decline of 14.3% but a sequential quarter-on-quarter increase of 4.4%. The gross margin stood at 31.6%, contributing to an operating margin of 12.0% and a net margin of 9.22%, yielding net income of $1.297 billion and earnings per share of $1.15 (diluted $1.14). The quarter showcased solid cash generation, with operating cash flow of $1.046 billion and free cash flow of approximately $0.624 billion, supporting a cash balance of $4.718 billion and a net debt position of about $7.996 billion. Management’s commentary (where available) emphasizes inventory discipline, value-focused off-price positioning, and ongoing opportunities in international markets and e-commerce, even as macro softness weighs on topline growth.