The TJX Companies: Reality Check On The Treasure Hunt Deals

pixelfit/E+ via Getty Images Investment Thesis  TJX Companies (NYSE:TJX), the parent company of discount retailers like TJ Maxx, Marshalls, and HomeGoods, reported a stellar first quarter for fiscal 2025. Both sales and earnings surpassed expectations, sending the company’s stock price soaring. Sales grew by 6% YoY to $12.5 billion, exceeding estimates. This positive performance was driven entirely by an increase in customer traffic, with comparable store sales rising by 3%. Earnings per share also impr ...