TJX Companies Inc (NYSE:TJX) announced better-than-expected results for the third quarter and raised its full-year forecast, but lackluster fiscal fourth-quarter guidance appears to be hurting shares. Disappointing results from sector peer Target (TGT) are weighing on retailers as well. At last glance, TJX is down 1.5% to trade at $117.75, on track for its third-straight loss as it extends a pullback from its Nov. 14, record closing high of $121.13. The security still sports a 27.4% year-to-date lead, and ...

TJX (TJX) came out with quarterly earnings of $1.14 per share, beating the Zacks Consensus Estimate of $1.09 per share. This compares to earnings of $1.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.59%. A quarter ago, it was expected that this parent of T.J. Maxx, Marshalls and other stores would post earnings of $0.92 per share when it actually produced earnings of $0.96, delivering a surprise of 4.35%.Over the last fo ...

Financial Performance - Q3 FY25 net sales reached $14.1 billion, a 6% increase compared to Q3 FY24[2] - Q3 FY25 diluted earnings per share were $1.14, up 11% from $1.03 in Q3 FY24[2] - Q3 FY25 pretax profit margin was 12.3%, an increase of 0.3 percentage points from the previous year[7] - For the first nine months of FY25, net sales totaled $40.0 billion, also a 6% increase year-over-year[3] - Net sales for the thirteen weeks ended November 2, 2024, were $14,063 million, an increase from $13,265 million for the same period last year, representing a growth of 6%[38] - Net income for the thirty-nine weeks ended November 2, 2024, was $3,466 million, compared to $3,071 million for the same period last year, reflecting an increase of 12.9%[38] - Diluted earnings per share for the third quarter were $1.14, up from $1.03 in the prior year, indicating a growth of 10.7%[38] - Total net sales for the third quarter ended November 2, 2024, reached $8.438 billion, a 4.1% increase from $8.107 billion in the same period last year[46] - Total net sales for the nine months ended November 2, 2024, were $24.633 billion, a 5.4% increase from $23.376 billion in the same period last year[46] Shareholder Returns - The company returned $997 million to shareholders in Q3 FY25 through share repurchases and dividends[14] - The company returned $997 million to shareholders in the third quarter, including $574 million for repurchasing 5.0 million shares and $423 million in dividends[49] - For the nine months ended November 2, 2024, the total return to shareholders was $2.9 billion, comprising $1.7 billion in share repurchases and $1.2 billion in dividends[49] - The company has approximately $1.9 billion available for stock repurchase under the newly approved program as of November 2, 2024[49] - The company declared cash dividends of $0.375 per share, up from $0.3325 per share in the same quarter last year, representing an increase of 12.8%[38] Inventory and Assets - Cash and cash equivalents increased to $4,718 million as of November 2, 2024, compared to $4,290 million at the end of the previous fiscal year[41] - Merchandise inventories rose to $8,371 million from $8,285 million year-over-year, showing a slight increase of 1.04%[41] - Total assets increased to $32,436 million as of November 2, 2024, compared to $30,351 million a year earlier, marking a growth of 6.9%[41] Future Plans and Expansion - The company plans to enter Spain with its TK Maxx banner in early 2026[2] - The company plans to continue expanding its store footprint and enhancing its e-commerce capabilities to drive future growth[30] - The joint venture with Grupo Axo was completed for $179 million, with TJX owning 49%[20] - A 35% stake in Brands For Less was acquired for $344 million, expanding TJX's presence in the Middle East[21] Segment Performance - Segment profit for Marmaxx in the United States was $1.207 billion, up from $1.134 billion, reflecting a 6.4% increase year-over-year[46] - Total segment profit for HomeGoods was $290 million, an increase from $228 million, representing a 27.2% year-over-year growth[46] - TJX Canada segment profit was $209 million, slightly down from $223 million, indicating a 6.3% decrease year-over-year[46] Profitability Metrics - The company expects consolidated comparable store sales to increase by 3% for the full year FY25[19] - The company anticipates a pretax profit margin of 11.3% and diluted earnings per share between $4.15 and $4.17 for FY25[19] - The company reported income before income taxes of $1.736 billion for the third quarter, compared to $1.589 billion in the prior year, marking a 9.2% increase[46] Pricing Strategy - TJX is focused on maintaining its competitive pricing strategy, offering products at prices generally 20% to 60% below full-price retailers[30] - Operating cash flow for the thirty-nine weeks ended November 2, 2024, was $3,412 million, compared to $3,257 million for the same period last year, reflecting a growth of 4.8%[43]

A sign hangs at the entrance of a T. J. Maxx store on February 28, 2024 in Chicago, Illinois.TJX Companies touted a "strong start" to the holiday shopping season on Wednesday, but its shares slid after the fast-growing retailer offered guidance that appeared to underwhelm Wall Street.TJX comfortably beat Wall Street's expectations during its fiscal third quarter, but it's expecting earnings per share for its holiday quarter to be between $1.12 and $1.14, behind expectations of $1.18, according to LSEG.Here' ...

Core Insights - The article compares Dollar General (DG) and TJX to determine which stock is more attractive to value investors [1] - It emphasizes the importance of a strong Zacks Rank combined with favorable Value category grades for identifying value stocks [2] Valuation Metrics - Dollar General has a Zacks Rank of 2 (Buy), indicating an improving earnings outlook, while TJX has a Zacks Rank of 3 (Hold) [3] - DG's forward P/E ratio is 13.16, significantly lower than TJX's forward P/E of 28.87, suggesting DG may be undervalued [5] - The PEG ratio for DG is 2.25, compared to TJX's PEG ratio of 3.03, indicating DG's expected earnings growth is more favorable relative to its valuation [5] - DG's P/B ratio is 2.34, while TJX's P/B ratio is 17.34, further highlighting DG's relative undervaluation [6] Overall Assessment - Based on various valuation metrics, DG holds a Value grade of A, whereas TJX has a Value grade of C, making DG a more attractive option for value investors [7]

The TJX Companies, Inc. (TJX) is likely to register growth in top and bottom lines when it reports third-quarter fiscal 2025 earnings on Nov. 20. The Zacks Consensus Estimate for revenues is pegged at almost $14 billion, which indicates a 5.3% increase from the year-ago quarter. The consensus mark for quarterly earnings has remained unchanged in the past 30 days at $1.09 per share, indicating growth of 5.8% from the year-ago quarter’s reported figure. This off-price apparel and home fashion retailer deliver ...

Key TakeawaysTJX Companies is set to report its latest earnings before the opening bell on Wednesday.The TJ Maxx and Marshall's parent has received mostly buy ratings from analysts tracked by Visible Alpha.BofA analysts say the company has "outperformed the retail industry domestically." TJX Cos. (TJX) is set to report earnings before the market opens on Wednesday, and analysts see room for upward share movement. Of the 14 brokers tracked by Visible Alpha, 11 have a buy rating on the stock, while three have ...

CNBC's Jim Cramer on Friday highlighted the biggest events next week on Wall Street, pinpointing earnings reports from Nvidia, TJX and Walmart. And as postelection worries create an uncertain market landscape, he advised that investors proceed with caution."Look, I've told you that there are many pitfalls with individual stocks when it comes to Trump 2.0. Most of them are buying opportunities," he said. "But with stocks still up so much from a few months ago, you can't be too eager to buy the dips."On Monda ...

Wall Street analysts forecast that TJX (TJX) will report quarterly earnings of $1.09 per share in its upcoming release, pointing to a year-over-year increase of 5.8%. It is anticipated that revenues will amount to $13.97 billion, exhibiting an increase of 5.3% compared to the year-ago quarter.Over the last 30 days, there has been a downward revision of 0.9% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their i ...

TJX (TJX) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended October 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on November 20, 2024, might help the stock move higher if these key numbers are better than expecta ...