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 | May 12, 2023 | Retail Articles
Marshalls has launched what it characterizes as an inaugural seasonal report, The Edit by Marshalls, which showcases its buying process and insights from Marshalls’ team buyers. The TJX Corp. banner is introducing The Edit by Marshalls alongside an all-new...
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...
by Mike Duff | Apr 21, 2022 | Retail Articles
The TJX Cos. plans to expand and accelerate environmental goals as part of its ongoing environmental sustainability strategy, the company announced, including a move to achieve net-zero greenhouse gas emissions in its operations by 2040. The company also stated that...