Why TJX Companies Stock Sank Today
On Wednesday, people seemed more willing to shop at stores operated by TJX Companies (NYSE: TJX) than buy its stock. The retail conglomerate posted fourth-quarter and full-year fiscal 2026 results that investors found wanting; they indicated their displeasure by trading the shares down by more than 1% that day. Down about numbers that went up TJX booked net sales of $17.7 billion in the quarter, up 9% from the same period of fiscal 2025, on comparable sales that advanced 5% and matched the full-year res ...