​TK Maxx owner TJX records rise in revenue and profit

TK Maxx

TJX UK, a subsidiary of TJX companies in the UK that owns TK Maxx and Homesense has recorded a rise in revenue and profit in the 52 weeks to January 28.

The company posted a 17.5% increase in annual turnover to £3.88bn and a profit of £147.6m due to a “one-off exceptional item of £58.8m credit”.

Like-for-like store sales increased 17.4%, although no figure was given.

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