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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...
Home Helps TJX Post Stronger-than-Anticipated Second Quarter

Home Helps TJX Post Stronger-than-Anticipated Second Quarter

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

The TJX Cos. posted better-than-expected financial results in the second quarter as its home product business rebounded. Net income was $989 million, or 85 cents per diluted share, versus $810 million, or 69 cents per diluted share, in the quarter a year before, the...
Strong Home Product Sales Propel TJX Q3 Gains

TJX Q1 Tops Earnings Expectations As Sales Just Miss Street Estimate

by Mike Duff | May 17, 2023 | Retail Articles

In the first quarter, TJX recorded higher earnings that beat a Wall Street estimate but sales that didn’t quite live up to expectations with revenue in home merchandise continuing to lag. Net income in the quarter was $891 million, or 76 cents per diluted share,...
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...
Home Helps TJX Post Stronger-than-Anticipated Second Quarter

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...
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