The most recent trading session ended with TJX (TJX) standing at $96.41, reflecting a +0.03% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily gain of 0.76%. On the other hand, the Dow registered a gain of 0.59%, and the technology-centric Nasdaq increased by 1.12%.Shares of the parent of T.J. Maxx, Marshalls and other stores have appreciated by 2.74% over the course of the past month, outperforming the Retail-Wholesale sector's gain of 1.32% and the S&P 50 ...

TJX (TJX) ended the recent trading session at $95.51, demonstrating a +0.59% swing from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily gain of 0.53%. On the other hand, the Dow registered a gain of 0.64%, and the technology-centric Nasdaq increased by 0.19%.Heading into today, shares of the parent of T.J. Maxx, Marshalls and other stores had gained 2.35% over the past month, outpacing the Retail-Wholesale sector's gain of 0.63% and lagging the S&P 500's gain of 2 ...

Subscribers to Schaeffer's Weekend Trader options recommendation service received this TJX commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters. Learn more about why Weekend Trader is one of our most popular options trading services.TJX Companies Inc (NYSE:TJX) stock just hit a fresh record high after completing a bullish cup-and-handle pattern on the daily chart. With this technical support in place, now looks like a good time to wei ...

TJX (TJX) closed the latest trading day at $95.50, indicating a +0.79% change from the previous session's end. This change lagged the S&P 500's 1.23% gain on the day. At the same time, the Dow added 1.06%, and the tech-heavy Nasdaq gained 1.7%.Heading into today, shares of the parent of T.J. Maxx, Marshalls and other stores had gained 3.69% over the past month, outpacing the Retail-Wholesale sector's loss of 0.02% and the S&P 500's gain of 0.94% in that time.The investment community will be closely monitori ...

TJX (TJX) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing earnings picture is a po ...

TJX (TJX) ended the recent trading session at $95.03, demonstrating a -0.23% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.08%. Meanwhile, the Dow experienced a drop of 0.31%, and the technology-dominated Nasdaq saw an increase of 0.02%.Prior to today's trading, shares of the parent of T.J. Maxx, Marshalls and other stores had gained 5.89% over the past month. This has outpaced the Retail-Wholesale sector's gain of 4.89% and the S&P 500's gain ...

Cindy OrdBack in March, I placed a “Buy” rating on The TJX Companies (NYSE:TJX) saying that while it was not cheap, the company was in an ideal environment and that it should be a nice beneficiary of industry de-stocking issues. In September, meanwhile, I raised my price target from $100 to $120, noting the company was firing on all cylinders. The stock is up about 25% since my initial write-up. Let’s catch up on the name. Company Profile As a refresher, TJX is an off-price retailer in both the apparel ...

Core Viewpoint - The TJX Companies is performing well with solid execution, market share gains, and potential for margin improvement, maintaining a buy rating [2][8]. Financial Performance - In 3Q24, TJX reported net sales growth of 9% year-over-year, surpassing consensus expectations of 7.6% [3]. - Gross margin for 3Q24 was 31.1%, leading to a pre-tax profit margin of 12%, slightly above the consensus estimate of 11.6% [3]. - Comp sales growth of 6% in 3Q24 was driven by increased traffic rather than pricing, indicating sustainable growth [3]. Growth Drivers - The upcoming holiday season is expected to boost traffic, with management noting strong performance in August and September [3]. - TJX's ability to refresh store offerings multiple times a week will enhance customer engagement during the holiday season [3][4]. Margin Expansion - Management anticipates continued gross margin expansion due to improved merchandise margins and better freight expenses [3]. - TJX has recaptured approximately 200 basis points of the 300 basis points freight headwind encountered in FY20 [3]. - The company has a history of improving gross margins and is expected to find efficiencies despite elevated freight costs [3][6]. Valuation - The target price for TJX has increased from $107.44 to $114.05, reflecting a more optimistic growth outlook of 9% for FY25 and FY26 [6]. - TJX is trading at a forward PE of 23x, which is considered appropriate compared to peers like Burlington Stores and Ross Stores [6]. Conclusion - Overall, TJX's growth is driven by positive trends, and there is potential for further gross margin expansion, supporting the buy rating [8].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (mark one) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended October 28, 2023 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number 1-4908 The TJX Companies, Inc. (Exact name of registrant as specified in its charter) Delaware 04-2207613 (State or other jurisdicti ...

The TJX Companies, Inc. (NYSE:TJX) Q3 2024 Results Conference Call November 15, 2023 11:00 AM ET Company Participants Ernie Herrman - President and CEO Debra McConnell - Global Communications John Klinger - EVP and CFO Conference Call Participants Lorraine Hutchinson - Bank of America Paul Lejuez - Citigroup Adrienne Yih - Barclays Matthew Boss - JPMorgan Chuck Grom - Gordon Haskett Brooke Roach - Goldman Sachs Alex Straton - Morgan Stanley Michael Binetti - Evercore ISI Dana Telsey - Telsey Advisory Group ...