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Stock impact report

TJX Companies Talks Tariffs and Market Share Wins [The Motley Fool]

TJX Companies, Inc. (The) (TJX) 
Last tjx companies, inc. (the) earnings: 2/26 08:00 am Check Earnings Report
US:NYSE Investor Relations: investor.tjx.com
Company Research Source: The Motley Fool
TJX Companies Talks Tariffs and Market Share Wins The off-price giant announced a fourth straight quarter of surprisingly strong growth this past week. TJX Companies ' ( NYSE:TJX ) fiscal 2019 is off to a good start. The owner of the T.J. Maxx, Marshalls, and Home Goods brands just posted surprisingly strong sales growth while raising its earnings outlook for the year. The gains imply that the chain is finding ways to expand its relevance even as more shopping shifts online. They also suggest management has a good shot at reaching long-term goals that include opening many more stores spread across key markets like the U.S. and Europe. CEO Ernie Herrman and his team discussed those ambitious targets, and the off-price giant's latest demand trends, in a conference call with investors. Below are a few highlights from that presentation. It's no surprise that TJX managed to grow sales this quarter given that comps have increased in each of the last 23 years. But the pace of expansion surp Show less Read more
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