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...
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,...
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...
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...
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...
