The TJX Companies, Inc. (TJX)
| Market Cap | 112.20B |
| Revenue (ttm) | 54.22B |
| Net Income (ttm) | 4.47B |
| Shares Out | 1.13B |
| EPS (ttm) | 3.86 |
| PE Ratio | 25.50 |
| Forward PE | 24.27 |
| Dividend | $1.50 (1.52%) |
| Ex-Dividend Date | May 15, 2024 |
| Volume | 4,844,913 |
| Open | 99.02 |
| Previous Close | 98.75 |
| Day's Range | 98.08 - 99.31 |
| 52-Week Range | 75.65 - 102.84 |
| Beta | 0.88 |
| Analysts | Strong Buy |
| Price Target | 105.74 (+6.77%) |
| Earnings Date | May 22, 2024 |
About TJX
The TJX Companies, Inc., together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and acc... [Read more]
Financial Performance
In 2023, TJX's revenue was $54.22 billion, an increase of 8.57% compared to the previous year's $49.94 billion. Earnings were $4.47 billion, an increase of 27.90%.
Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for TJX stock is "Strong Buy." The 12-month stock price forecast is $105.74, which is an increase of 6.77% from the latest price.
News
How retailers like Best Buy, T.J. Maxx and Home Depot quietly target 'problem' returners
The latest crackdown on returns is only that latest effort by retailers to tamp down on return losses, with many U.S. names using third-party tracking software.
The TJX Companies, Inc. to Report Q1 FY25 Results May 22, 2024
FRAMINGHAM, Mass.--(BUSINESS WIRE)--The TJX Companies, Inc. (NYSE: TJX) today announced that it plans to release its first quarter Fiscal 2025 sales and earnings results on Wednesday, May 22, 2024, be...
TJX Sells Bargains. Its Stock Is Priced to Move, Too.
UBS sees a buying opportunity in shares of the off-price retailer.
UBS upgrades TJX to buy from neutral
Jay Sole, UBS managing director, joins 'Money Movers' to discuss why the gain from department stores will be more significant than previously thought if the balance between e-commerce and brick and mo...
Marshalls Launches First-Ever "Good Stuff Style Collective" in Partnership with Celebrity Stylists Molly Dickson, Zerina Akers and Enrique Melendez
With the inaugural Style Collective, Marshalls continues to give consumers access to high-quality pieces at amazing prices while offering expert insights, styling inspiration, and their top fashion tr...
The TJX Companies, Inc. Announces 13% Increase in Common Stock Dividend
FRAMINGHAM, Mass.--(BUSINESS WIRE)--The TJX Companies, Inc. (NYSE: TJX) today announced that its Board of Directors has raised the amount of its quarterly dividend by 13% from the last dividend paid. ...
Macy's hasn't closed its stores yet. But Target, Kohl's CEOs already smell opportunity
Macy's closures of about 150 stores could put up to $2 billion in annual sales up for grabs for other retailers.
Retail expert: Discount stores are thriving amid inflation
While consumer spending has remained relatively strong through inflation, retailers have struggled to stay relevant, with Macy's (M) announcing it will shutter 150 locations. Discount retailers like T...
Season of change for retailers? Former J. Crew CEO Mickey Drexler on the state of retail
Mickey Drexler, Alex Mill chairman and former J.Crew CEO and chairman, joins 'Squawk Box' to discuss the state of retail, why some brands are offering steeper discounts online than in-store, state of ...
Biden's late-fee crackdown is a blow to department stores. Shoppers should beware of what comes next.
Some of the biggest clothing and department-store chains rely on their own private-label credit cards to cushion their bottom lines. Those cards, often laden with incentives, keep shoppers coming back...
Inside the organized crime rings plaguing retailers including: Ulta, T.J. Maxx and Walgreens
CNBC's Courtney Reagan joins 'Squawk Box' with a preview of CNBC Investigates: Selling Stolen. In a months-long investigation, CNBC goes inside the shadowy world of organized retail crime, watching th...
Inside the organized crime rings plaguing retailers including Ulta, T.J. Maxx and Walgreens
Organized retail crime rings can involve groups that sell stolen goods at flea markets and more sophisticated networks that resell stolen goods on Amazon.
TJX Exceeds Expectations In 4th Quarter Report – Outlook Very Strong
TJX Companies reported year-end total sales of $54.2 Billion, an increase of 10.3% over 2023 sales of $49.9 Billion. Diluted earnings per share were $2.97 compared to last years' diluted earnings per ...
No Let Up At Off-Price Giant TJX As Retailer Tops $50 Billion Sales
The TJX Companies TJX announced record-breaking full-year sales this morning of over $50 billion and the retailer is approaching 5,000 stores globally, as the off-price giant shows few signs of taking...
TJX tops earnings estimates as holiday sales jump 13%
Off-price giant TJX Companies, which runs TJ Maxx, Marshall's and Homegoods, saw sales rise 13% during its holiday quarter.
TJ Maxx parent beats holiday-quarter sales estimates on steady demand
TJ Maxx parent TJX Cos surpassed market expectations for fourth-quarter sales on Wednesday as budget-conscious shoppers flocked to the off-price retailer's stores in search of holiday deals.
TJX reports a strong Q4: here's what its CEO said today
TJX Companies Inc (NYSE: TJX) is trading up in premarket on Wednesday after reporting strong financial results for its fourth quarter. This is a developing story.
The TJX Companies, Inc. Reports Q4 and Full Year FY24 Results; Q4 Comp Store Sales Growth of 5%, Pretax Profit Margin, and Diluted EPS All Above Plan; Expects to Increase Dividend by 13% and Buy Back $2.0 to $2.5 Billion of Stock in FY25
FRAMINGHAM, Mass.--(BUSINESS WIRE)--The TJX Companies, Inc. (NYSE: TJX), the leading off-price apparel and home fashions retailer in the U.S. and worldwide, today announced sales and operating results...
The TJX Companies, Inc. to Report Q4 and Full Year FY24 Results February 28, 2024
FRAMINGHAM, Mass.--(BUSINESS WIRE)--The TJX Companies, Inc. (NYSE: TJX) today announced that it plans to release its fourth quarter and full year Fiscal 2024 sales and earnings results on Wednesday, F...
Retail Stocks Are Starting 2024 in a Slump. Why That Might Not Last.
Retail stocks have fallen about 3% in the first few days of the new year.
Retail sector seeing return to pre-pandemic shopping trends, says JPMorgan's Matthew Boss
Matthew Boss, JPMorgan, joins 'Squawk on the Street' to discuss how Boss is picking winners in the retail space this holiday season, if the retail bullishness extends into 2024, and how margins will b...
The TJX Companies, Inc. Announces Quarterly Common Stock Dividend
FRAMINGHAM, Mass.--(BUSINESS WIRE)--The TJX Companies, Inc. (NYSE: TJX) today announced the declaration of a quarterly dividend on its common stock of $.3325 per share payable March 07, 2024, to share...
TJ Maxx and other discount retailers could be the big winners in an otherwise bleak holiday shopping season
Many retailers are bracing for a bleak holiday shopping season. Reports say Americans will spend more this year, but that doesn't mean every retailer will benefit.
Retail execs say clothing demand is getting better. But it's still kind of a mess.
After unwanted shirts and pants piled up in warehouses and stockrooms last year, clothing chains such as Gap Inc. and Urban Outfitters have said over the past two weeks they've had an easier time sell...