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Here's a rapid fire update on all 31 portfolio stocks including our newest name
CNBC· 2025-09-18 20:15
Summary of Key Points Group 1: Stock Analysis - Apple: The latest iPhone 17 models are considered a bargain, especially with trade-in values and provider incentives [1] - Amazon: Potential for upside if margin expansion continues, particularly in e-commerce and cloud growth [1] - Abbott Laboratories: Valued at approximately 24 times earnings, seen as a high-quality med tech stock worth holding [1] - Broadcom: Recent profit-taking due to exceeding 5% portfolio weighting, but long-term outlook remains positive [1] - Boeing: Newly added to the portfolio, expected to benefit from trade policies and has significant multi-year upside potential [1] - BlackRock: Described as a "bull market stock," with a focus on fast-growing investments [1] - Bristol Myers Squibb: Awaiting results from upcoming studies on its schizophrenia drug, Cobenfy, which could improve sentiment [1] - Capital One: Anticipating share repurchases post-Discover acquisition, with strong management praised [1] - Costco: Long-term outlook remains positive despite recent struggles attributed to market perception [1] - Salesforce: Current levels are not recommended for buying or selling ahead of the Dreamforce conference [1] - CrowdStrike: Ambitious target of $20 billion in annual recurring revenue set, indicating strong management confidence [1] - Cisco Systems: Continued support despite underperformance, with a solid dividend [1] - DuPont: Progressing towards a planned breakup, with Qnity expected to unlock more value [1] - Danaher: Facing headwinds from China but announced a significant buyback [1] - Disney: Shares have stalled, but theme park business remains strong [1] - Dover: Future outlook remains bright despite recent disappointing earnings [1] - Eaton: Potential for increased business from data centers as AI spending rises [1] - GE Vernova: High valuation justified by demand for energy generation in AI infrastructure [1] - Goldman Sachs: Expected revenue growth in investment banking and attractive wealth management business [1] Group 2: Additional Stock Insights - Home Depot: Likely to trim position due to housing market turnaround not meeting expectations [2] - Honeywell International: Shares lagging until split is complete, but value remains [2] - Linde: Continues to deliver for shareholders despite challenging end markets [2] - Eli Lilly: Position maintained due to strong performance and potential game-changing products [2] - Meta Platforms: Dominance in advertising market bolstered by generative AI [2] - Microsoft: Attractive long-term investment, with potential for trimming positions [2] - Nvidia: Partnership with Intel solidifies its leadership in GPUs [2] - Palo Alto Networks: High valuation justified by leadership in cybersecurity [2] - Starbucks: Promising turnaround plan under new CEO [2] - TJX Companies: Strongest earnings performance seen, recognized as a top retail performer [2] - Texas Roadhouse: Stock performance tied to cattle futures, expected surge in share price [2] - Wells Fargo: Positive outlook with increased buybacks and diversification into fee-based businesses [2]
TJX Trading Cheaper Than Industry: What's the Next Best Move?
ZACKS· 2025-09-18 16:11
Core Insights - The TJX Companies, Inc. is trading at a modest discount compared to the Zacks Retail - Discount Stores industry, with a forward 12-month P/E ratio of 28.83, slightly below the industry average of 30.27 [1][10] - Over the past three months, TJX stock has surged 14.3%, outperforming the industry, the Zacks Retail and Wholesale sector, and the broader S&P 500 [6][10] - Management raised fiscal 2026 sales and EPS guidance, reflecting strong momentum and confidence in sustaining growth [10][17] Valuation and Performance - TJX's valuation profile is balanced compared to peers like Costco, Ross Stores, and Burlington, trading at a premium to off-price rivals while being cheaper than high-growth peers [5][10] - The stock closed at $140.04, 3.8% below its 52-week high of $145.58, and trades above its 50-day and 200-day moving averages, indicating a bullish trend [9][11] Growth Drivers - TJX's flexible off-price model allows quick adjustments to consumer trends, driving customer engagement and repeat visits [14] - The company reported a 4% increase in comparable store sales in Q2 of fiscal 2026, with broad-based gains across divisions [15] - Expansion remains a key strategy, with plans to add over 1,800 locations, including approximately 130 net new stores for fiscal 2026 [16][17] Financial Outlook - Management's updated guidance for fiscal 2026 includes projected net sales of $59.3-$59.6 billion and EPS of $4.52 to $4.57, indicating growth from the previous year [17] - The Zacks Consensus Estimate for EPS has seen upward revisions, with expectations of 7.5% growth this year and 10% next year [18] Challenges - Currency and trade issues are significant headwinds, with management expecting unfavorable foreign exchange to reduce EPS growth by about 1% [19] - The retail environment remains highly promotional, which could limit pricing power and affect traffic and profitability [20]
The TJX Companies, Inc. Announces Quarterly Common Stock Dividend
Businesswire· 2025-09-17 17:29
Core Viewpoint - The TJX Companies, Inc. has declared a quarterly dividend of $0.425 per share, payable on December 4, 2025, to shareholders of record on November 13, 2025 [1] Company Overview - The TJX Companies, Inc. is a Fortune 100 company and the leading off-price retailer of apparel and home fashions in the U.S. and globally [1] - The company's mission is to deliver great value to customers every day [1]
Will TJX's 4% Comp Sales Growth Power Full-Year Earnings Upside?
ZACKS· 2025-09-15 14:15
Core Insights - The TJX Companies, Inc. reported a consolidated comparable store sales increase of 4% in Q2 of fiscal 2026, exceeding internal projections and contributing to an updated full-year outlook [1][8] - The strong performance was broad-based, with customer transactions rising across all divisions, indicating the effectiveness of its value-oriented strategy [1] Sales Performance - Marmaxx (U.S.) experienced a 3% growth in comparable sales, driven by increased customer transactions and a higher average basket size [2] - HomeGoods (U.S.) achieved a notable 5% growth in comparable sales, with strong results from both HomeGoods and HomeSense banners [2] - TJX Canada reported a remarkable 9% increase in comparable sales, while TJX International saw a solid 5% gain, particularly strong in Europe and Australia [2] Financial Guidance - Due to the strong sales performance, management raised the full-year guidance for both pretax profit margin and earnings per share (EPS) [3] - The updated EPS guidance is now projected to be in the range of $4.52 to $4.57, compared to the previous guidance of $4.34 to $4.43 [3][4] - This represents a 6% to 7% increase from the year-ago figure of $4.26, highlighting the connection between sales performance and profitability confidence [4] Competitive Landscape - Costco Wholesale Corporation reported a total company comparable sales growth of 5.7% in Q3 of fiscal 2025, with U.S. comparable sales rising 6.6% [5] - Burlington Stores, Inc. achieved a 5% comparable sales increase in Q2 of fiscal 2025, maintaining cautious guidance for the second half [6] Valuation and Estimates - TJX shares have gained 4.8% in the past month, contrasting with a 1.3% decline in the industry [7] - The company trades at a forward price-to-earnings ratio of 28.74X, lower than the industry average of 30.63X [10] - The Zacks Consensus Estimate for TJX's fiscal 2026 and 2027 earnings implies year-over-year growth of 7% and 10.3%, respectively [11]
Ride the Luxury Retail Wave with These 3 High-End Brand Stocks
MarketBeat· 2025-09-13 14:19
Industry Overview - The retail industry is experiencing a "barbell" effect, with significant growth at both the high-end and low-end, while the middle segment, exemplified by Target Corp., is being squeezed out [1] - Discount retailers like TJX Companies are reporting record revenues and stock gains, while luxury brands such as ULTA Beauty and Kate Spade are also seeing strong sales and maintaining healthy margins [1] Consumer Behavior - Consumers are increasingly seeking value, whether through discounted products or durable luxury items, leading to a K-shaped spending pattern that favors affluent households [2] Company Performance: Williams-Sonoma - Williams-Sonoma has shown resilience against tariff impacts, managing to maintain margins through inventory management and cost reductions [4][5] - The company reported earnings per share (EPS) and revenue that exceeded analyst expectations, with a 3.7% year-over-year growth in comparable sales and an increase in full-year revenue guidance to 2%-5% [7] - The stock has increased by over 30% in the last three months, indicating strong business performance [8] Company Performance: Ralph Lauren - Ralph Lauren has demonstrated resilience in the retail sector, with a 13.7% year-over-year revenue growth to $1.72 billion in fiscal Q1 2026, and an increase in full-year guidance despite inflation concerns [11] - The stock has risen more than 35% year-to-date, supported by strong earnings and a 160-basis-point gross margin increase [10] Company Performance: Tapestry Inc. - Tapestry, which includes brands like Kate Spade and Coach, reported a record revenue of $7 billion for FY 2025, driven by double-digit growth from the Coach brand [15] - The company achieved 8.3% year-over-year growth in revenue for fiscal Q4 2025, with EPS of $1.02, both surpassing analyst projections [17]
Jim Cramer on The TJX Companies: “They Have the Best Merchandise”
Yahoo Finance· 2025-09-13 13:45
Company Overview - The TJX Companies, Inc. (NYSE:TJX) is an off-price retailer that provides a variety of products including apparel, footwear, accessories, home fashions, furniture, décor, and seasonal merchandise through both physical stores and e-commerce platforms [2]. Performance Metrics - TJX reported a same store sales growth of 4% in the first half, which is considered remarkable in the retail sector [1]. - The company has experienced accelerating revenue growth across all four of its divisions, alongside healthy gross margin expansion, contributing to a positive stock performance post-earnings [1]. Market Position - Jim Cramer highlighted TJX as the highest quality operator in the off-price retail space, emphasizing its strong value proposition compared to other retailers [1].
TJX Eyes 1,800+ Store Openings: A Long Runway for Growth Ahead?
ZACKS· 2025-09-09 17:16
Core Insights - The TJX Companies, Inc. (TJX) is reinforcing its position as a leading value retailer by offering a strong combination of brand, fashion, quality, and price across global markets [1] - The company plans to open over 1,800 additional stores in existing countries and Spain, with a focus on growth in its Mexico joint venture and investments in the Middle East [2][9] - As of the end of Q2 fiscal 2026, TJX operated 5,134 stores, with plans for 130 net new stores and nearly 500 store remodels this fiscal year [3][4] Store Expansion Strategy - TJX's management is confident in achieving approximately 3% net unit growth in the coming years, supported by flexible buying and supply chain systems [4] - Competitors in the store expansion space include Ross Stores, which plans to add 90 stores in fiscal 2025, and Burlington Stores, which aims for 100 net new stores in the same period [5][6][7] Financial Performance and Valuation - TJX shares have increased by 16.6% year-to-date, outperforming the industry growth of 5.6% [8] - The company trades at a forward price-to-earnings ratio of 29.06X, compared to the industry average of 31X [10] - The Zacks Consensus Estimate indicates year-over-year earnings growth of 7% for fiscal 2026 and 10.3% for fiscal 2027, with EPS estimates trending upward [11][12]
Marshalls Reaffirms Commitment to Empowering Women with Year Two of The Marshalls Good Stuff Accelerator Program - Applications Now Open
Prnewswire· 2025-09-03 14:08
Core Insights - The Marshalls Good Stuff Accelerator Program is entering its second year, continuing to provide women with resources for personal and professional growth [1][3] - The program aims to address the access gap for women, as highlighted by research indicating that one in three women feel they lack necessary resources [4] Program Details - The program offers a year-long virtual experience for 40 selected women, including live mentorship sessions, peer coaching, and a one-time grant of $5,000 [5][6] - Participants will have full access to Luminary Collective PLUS, which includes over 25 monthly virtual events and networking opportunities [5] Impact and Success - Initial participants reported significant progress, with 95% indicating they feel they are making strides toward their goals [6][9] - The program has facilitated various achievements, such as launching businesses and enhancing personal confidence [6] Application Process - Applications for the program are open until October 14, 2025, with selections made in early December [7] - The program will run from January 2026 to December 2026 [7]
This Company Has Raised Its Guidance, Even as It Braces for "Significant Pressure" From Tariffs
The Motley Fool· 2025-09-03 08:50
Core Viewpoint - TJX Companies reported better-than-expected earnings, showing resilience amid market uncertainties due to tariffs and their potential impact on business operations [1][3]. Financial Performance - For the period ended August 2, TJX's sales rose by 7%, totaling $14.4 billion, with comparable same-store sales increasing by 4%, surpassing the previous forecast of 2% to 3% [5][6]. - The diluted per-share profit was $1.10, reflecting a 15% year-over-year increase [5]. Future Guidance - Management has raised its full fiscal year guidance across multiple metrics, including comparable sales growth from 2%-3% to 3%, diluted earnings per share from $4.34-$4.43 to $4.52-$4.57, and pretax profit margin from 11.3%-11.4% to 11.4%-11.5% [7][8]. - The guidance assumes that current tariff levels will remain unchanged for the remainder of the year, with expectations to offset pressure from tariffs throughout fiscal 2026 [8]. Market Position and Strategy - TJX benefits from other retailers' excess inventory, allowing it to purchase goods at lower prices and offer savings to consumers, creating a bargain-hunting experience [8]. - The company is positioned well despite the challenges faced by retailers reliant on discretionary spending, as evidenced by its strong performance [2][3]. Valuation Concerns - TJX's stock has increased by 13% since January, outperforming the S&P 500, but currently trades at a price-to-earnings multiple of 31, which is higher than its historical norm [9]. - The elevated valuation suggests that the market is pricing in more growth than TJX is expected to deliver, which raises questions about whether the premium is excessive [11]. Investment Outlook - Despite a high valuation, TJX is viewed as a potentially excellent long-term investment, especially for those seeking stable stocks amid economic uncertainty [12].
Can TJX International Momentum Drive the Next Phase of Growth?
ZACKS· 2025-09-02 15:45
Core Insights - TJX Companies' international business is a significant growth driver, with a 5% year-over-year increase in comparable store sales in Q2 of fiscal 2026, particularly strong in Europe and Australia [1][10] - The company's profit margin for the international segment improved to 5.2%, an increase of 80 basis points from the previous year [1][10] - Management highlighted the company's established presence and leadership in international markets, which enhances its value proposition to consumers [2] Expansion Opportunities - TJX plans to open over 1,800 new stores in existing markets, including Spain, which is expected to contribute to future sales and earnings growth [3][10] - The company is also exploring growth through a joint venture in Mexico and investments in the Middle East, aiming to introduce its off-price retail model to new regions [4] Sourcing and Product Strategy - TJX's global sourcing network includes over 21,000 vendors across more than 100 countries, allowing the company to offer fresh, branded assortments in its international stores [5] Competitive Landscape - Walmart Inc. reported a 10.5% increase in international sales in Q2 of fiscal 2026, driven by growth in China, Walmex, and Flipkart, with e-commerce penetration reaching nearly 27% [6] - Best Buy Co., Inc. saw a year-over-year increase of 11.3% in international sales, although its gross margin decreased by 210 basis points [7] Financial Performance - TJX stock has increased by 6.6% over the past three months, contrasting with a 4.4% decline in the industry [8] - The forward 12-month price-to-earnings ratio for TJX is 28.29X, lower than the industry's average of 31.72X, indicating a favorable valuation [11] - Earnings estimates for fiscal 2026 and 2027 imply year-over-year growth of 7% and 10.3%, respectively, with recent upward revisions in earnings estimates [12]