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Strong Home Product Sales Propel TJX Q3 Gains

Strong Home Product Sales Propel TJX Q3 Gains

by Mike Duff | Nov 16, 2023 | Featured News, Retail Articles

The TJX Cos. recorded a solid third quarter helped by strong gains in household merchandise led by HomeGoods. Net income was $1.19 billion, or $1.03 per diluted share, versus $1.06 billion, or 91 cents per diluted share, in the quarter a year prior. The year-prior...
Strong Home Product Sales Propel TJX Q3 Gains

TJX Eyes More Gains After Q4 Net Earnings Surpass $1 Billion

by Mike Duff | Feb 22, 2023 | Featured News, Retail Articles

The TJX Cos. net income topped $1 billion in the fourth quarter, although HomeGoods posted negative year-over comparable store sales against strong 2021 results when consumers were emerging from pandemic stay-at-home mandates. Net income was $1.04 billion, or 89 cents...
TJX Weathers Lower HomeGoods Comps for Q3 Earnings Beat

TJX Weathers Lower HomeGoods Comps for Q3 Earnings Beat

by Mike Duff | Nov 17, 2022 | Featured News, Retail Articles

Lower sales from the HomeGoods operation proved a drag on TJX Cos. revenue in the third quarter, but the company still managed to beat a Wall Street earnings estimate. As it reported quarterly financials, the company announced it had promoted John Klinger to executive...
Inflation Hits Comps but TJX Beats Street on Earnings

Inflation Hits Comps but TJX Beats Street on Earnings

by Mike Duff | Aug 17, 2022 | Featured News, Retail Articles

TJX drove earnings in the second quarter despite declining comparable sales in its stores across the United States. Net income was $809.3 million, and diluted earnings per share were 69 cents versus $785.7 million and diluted earnings per share of 64 cents, in the...
Strong Home Product Sales Propel TJX Q3 Gains

TJX Q1 Earnings Exceed Estimates but HomeGoods Comps Slip

by Mike Duff | May 19, 2022 | Retail Articles

Sales and earnings at The TJX Corp. gained year over year but only earnings surpassed Wall Street estimates in the first quarter as HomeGoods comparable sales slipped based primarily, the company stated, on difficult comparisons. Net income was $587.5 million, or 49...
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