Where Will TJX Companies Be in 5 Years? [The Motley Fool]
TJX Companies, Inc. (The) (TJX)
Last tjx companies, inc. (the) earnings: 2/26 08:00 am
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Source: The Motley Fool
TJX Companies(NYSE:TJXThe company buys liquidated inventories from struggling retailers at rock-bottom prices, passes the savings on to its customers, and frequently refreshes its inventory to keep shoppers interested. This formula generated straight years of comparable-store sales growth and easily weathered three recessions, the rise ofAmazonImage source: Getty Images.Such consistent growth has also enabled TJX to raise its dividend forLike other businesses around the country, TJX temporarily closed its stores in light of theCOVID-9 pandemicIt's a scavenger with scaleTJX purchases goods from over ,000 vendors in more than 00 countries. That scale enables the company to negotiate prices that are so low that it can still sell brand-name merchandise at 0% to 60% discounts and still squeeze out a profit.Its clout grows as Amazon,WalmartTargetAfter the COVID-9 crisis ends, apparel retailers and department stores will likely sell their inventories at steep discounts to raise cash and cle
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TJX
News
- Why So Blue? Hanukkah’s Colorful History And Current Decor Discourse [Forbes]Forbes
- Here's Why Invesco Growth and Income Fund Eliminated The TJX Companies (TJX) [Yahoo! Finance]Yahoo! Finance
- ‘Queer Eye' newbie Jeremiah Brent cries a lot, but he is so productive [Los Angeles Times (CA)]Los Angeles Times
- 2024's retail winners [Yahoo! Finance]Yahoo! Finance
- 10 Interior Design Trends Going Away In 2025 [Forbes]Forbes
TJX
Earnings
- 11/20/24 - Beat
TJX
Sec Filings
- 12/12/24 - Form 4
- 12/12/24 - Form 4
- 12/12/24 - Form 4
- TJX's page on the SEC website