TJX Companies
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UBS Downgrades Macy’s and Kohl’s amid COVID-19 Storm
Macy’s (NYSE:M) and Kohl’s (NYSE:KSS) stocks were down 6.0% and 6.3% as of 12:45 PM ET today following a rating downgrade.
Macy’s Preliminary Q1 Results: Good and Bad
Macy’s (NYSE:M) stock rose 4.0% as of 10:00 AM ET on June 9. The company said that it has experienced better-than-expected sales at reopened stores.
How TJX Companies and Ross Stores Fared in Q1
On May 21, TJX Companies (NYSE:TJX) reported weaker-than-expected results for the first quarter of fiscal 2021. COVID-19 impacted the results.
Kohl’s Hikes Dividend, Exceeds Q4 Earnings Estimates
Kohl (NYSE:KSS) stock rose 4.1% in pre-market hours trading today. However, the stock fell 2.2% as of 12:31 PM ET amid volatile market conditions.
Best Buy Defies Retail Woes with Q4 Earnings
Best Buy reported impressive fourth-quarter results due to strong holiday sales. The company’s overall revenue grew 2.7% YoY to $15.20 billion.
TJX Posts Strong Q4 Earnings, Dividend Hike
TJX Companies stock touched a new 52-week high of $64.95 on Wednesday. The company declared strong fourth-quarter results and a dividend hike.
Kohl’s, JCPenney Slide amid Weak Holiday Sales
Kohl’s stock plunged 9.5% while JCPenney was down 11% today at 1:01 PM ET. These department store chains announced dismal holiday sales.
Will Burlington Stores Get Stronger in 2020?
Burlington Stores (BURL) beat analysts’ earnings expectations in the first three quarters of fiscal 2019. Here’s what to expect in 2020.
TJX Companies and Ross Stores Finish the Year Strong
Off-price retailers emerged as consistent performers in the retail space. The stock of Ross Stores (ROST) and TJX Companies (TJX) surged 38.8% and 34.9%
Macy’s Stock Falls after Earnings on Weak Outlook
Macy’s (M) earnings for the third quarter yet again reflected the struggle that’s facing department stores in this highly competitive retail market.
Will Macy’s Q3 Earnings Add to Investors’ Worries?
Yesterday, Macy’s (M) stock fell 10.9% after department store peer Kohl’s (KSS) announced weak third-quarter results and shared a gloomy outlook.
TJX Companies’ Q3 Earnings Impress Investors
TJX Companies (TJX) reported better-than-expected earnings results for the third quarter of fiscal 2020, which ended on November 2.
Can TJX Once Again Impress with Its Q3 Earnings?
TJX Companies (TJX) is scheduled to announce its fiscal 2020 third-quarter earnings results on November 19. Its third quarter ended on November 2.
An Overview of the S&P 500 Retailers
US retail sales grew by 3.5% in the first half of 2019. The retail sector of the S&P 500 Index includes 29 stocks representing a broad variety of retailers.
Why These 7 US Retailers Top the Charts?
The US retail industry is transforming at a rapid rate. Let’s take a look at the top seven retailers in the US by market capitalization.
How US Retail Sales Changed in Two Decades
The retail sales for 2018 were $4.3 trillion. From January to July 2019, the retail sales in this category rose 3.5% over the comparable period in 2018.
Is Walmart the Ultimate Recession-Proof Stock?
Walmart (WMT) has a long history and strong brand name recognition. But is there reason to believe WMT stock could actually withstand an economic meltdown?
Why Goldman Sachs Downgraded Ross Stores Stock
Ross Stores (ROST) stock fell 2.1% as of 3:41 PM ET today as Goldman Sachs downgraded the off-price retailer to “sell” from “neutral.”
TJX Companies Stock: A Look at Analysts’ Recent Activity
Off-price retailer TJX Companies (TJX) reported upbeat sales and earnings for the first quarter of fiscal 2020, which ended on May 4.
Why the Margins of TJX and Ross Stores Are Under Pressure
TJX Companies’ (TJX) gross margin contracted 40 basis points on a year-over-year basis to ~28.5% in the first quarter of fiscal 2020.
Will TJX Companies’ Q1 Earnings Beat Wall Street Forecasts?
TJX Companies’ (TJX) earnings beat analysts’ expectations in three out of four quarters of fiscal 2019 and were in line with estimates in the fourth quarter of fiscal 2019.
Baird Gives TJX an ‘Outperform’ Rating ahead of Q1 Results
On May 14, Baird initiated coverage of TJX Companies (TJX) stock with an “outperform” rating and a price target of $63.
TJX Companies and Ross Stores: Assessing Store Growth Plans
While several retailers and department stores are closing down stores amid intense competition from online retailers, off-price retailers TJX Companies and Ross Stores (ROST) see a tremendous opportunity to grow their store base.
TJX Companies or Ross Stores: Whose Margins Look Better?
Margins of both TJX Companies (TJX) and Ross Stores (ROST) have been under pressure due to higher freight costs and wages.
What to Expect from TJX and Ross’s Sales Growth
TJX Companies’ (TJX) sales grew 8.7% to $39 billion in fiscal 2019.
TJX or Ross: Which Retailer Is Positioned Better?
Both TJX Companies and Ross Stores have delivered higher YTD returns than the 18.0% YTD total returns of the S&P 500 Index.
What Does Burlington Stores’ Updated Q1 Sales Outlook Indicate?
Burlington Stores announced its CEO succession plan and its updated outlook for the first quarter of fiscal 2019 after the markets closed on April 23.
Burlington Stores Stock Soared in Reaction to CEO Succession Plan
Burlington Stores stock surged 9.1% on April 24 in reaction to the CEO succession plan it announced after the markets closed on April 23.
What Could Threaten the Consumer Sector’s Strong Start to 2019
2018 wasn’t a good year for the US consumer sector due to escalating trade war tensions and a slowing economy.
Will TJX Companies Stock Rise Further on Q4 Results?
TJX Companies (TJX) currently has a “buy” recommendation from the majority of the analysts following the off-price retailer’s stock.
Ross Stores or Burlington Stores: Which Looks Better in 2019?
Ross Stores and Burlington Stores stocks have risen 8.9% and 1.2%, respectively, on a year-to-date basis as of January 14.
Will TJX Companies’ Domestic Business Continue to Impress?
TJX Companies’ (TJX) domestic business consists of its Marmaxx and HomeGoods divisions.
TJX Companies: How the Off-Price Retailer’s Stock Fared in 2018
TJX Companies (TJX) has been delivering consistent sales growth even in a challenging retail market.
Consumer Will Burlington Stores Deliver Strong Sales Growth in Q3?
Burlington Stores (BURL) is slated to announce its results for the third quarter of fiscal 2018 on November 28. Here’s what you can expect.
How Analysts Reacted to TJX’s and Ross Stores’ Q3 Results
TJX Companies and Ross Stores fell 4.4% and 9.4%, respectively, on November 20, the day they announced their earnings results.
What Might Drive TJX Companies’ Third-Quarter Earnings?
TJX Companies (TJX) surpassed analysts’ earnings expectations in the second quarter of fiscal 2019 after missing expectations in the first quarter.
Will TJX Companies’ Growth Story Continue in the Third Quarter?
TJX Companies (TJX) stock has risen by an impressive 40.6% on a YTD basis as of November 13.
Amazon’s Prime Wardrobe Enters UK
Amazon (AMZN) is introducing its “try before you buy” fashion service called Prime Wardrobe in the UK market.
Burlington Stores: How It Plans to Boost Sales
Burlington Stores (BURL) has had same-store sales growth for 22 consecutive quarters, which reflects the strength of its off-price business model.
How Did TJX Companies’ International Business Fare?
TJX Companies (TJX) generated double-digit sales growth in its TJX Canada and TJX International segments in the second fiscal quarter of 2019.
Will TJX Companies Stock Benefit from Fiscal Q2 Results?
TJX Companies (TJX) plans to declare its results for fiscal Q2 2019 on August 21.
How Ross Stores’ Valuations Compare to Peers
As of July 31, Ross Stores (ROST) was trading at a 12-month forward PE (price-to-earnings) ratio of 21.0x.
Comparing Five Below’s Valuation to Its Peers’
As of July 5, Five Below (FIVE) was trading at a 12-month forward PE multiple of 36.4x.
How TJX Stock Looks after Recent Analyst Activity
TJX Companies (TJX) stock has risen 12.6% since the company announced its results for the first quarter of fiscal 2019 in May.
Wayfair Stock Is Up 41.9% in 2018: What’s Causing the Rally?
Wayfair (W) stock has risen 41.9% this year to $113.87. The stock rose 129% in 2017.
Burlington Stores Stock Soars on Impressive First-Quarter Earnings
Burlington Stores stock was up 8.4% as of 11:15 AM EST today in reaction to better-than-expected results for the first quarter, which ended on May 5.
Ross Stores’ Q1 Gross Margin Rose, but Its Operating Margin Fell
Ross Stores (ROST) expects its fiscal second-quarter operating margin to reach 13.3%–13.5%, down from 14.9% in the fiscal second quarter of 2017.
Here’s What Drove Burlington Stores’ Sales Growth in Fiscal 4Q17
Burlington Stores (BURL) generated net sales of $1.94 billion in fiscal 4Q17, which exceeded analysts’ consensus sales estimate of $1.89 billion.
Where Does Ross Stores’ Valuation Stand after Fiscal 4Q17?
On March 8, 2018, Ross Stores (ROST) was trading at a 12-month forward PE (price-to-earnings) multiple of 18.4x.
Dollar Tree Stock Performance in 2017 and Beyond
Dollar Tree (DLTR) has continued its solid performance into 2018. The discount retailer has already risen 7% during the first two weeks of the new year as of January 12, 2018.
How Analysts View Ross Stores Stock after 3Q Results
Ross Stores (ROST) stock is up 10.9% on a YTD (year-to-date) basis as of November 20.
What Impacted TJX Companies’ Fiscal 3Q18 Earnings?
TJX Companies’ adjusted EPS rose 9.9% on a year-over-year basis in fiscal 3Q18.
Why TJX Companies Failed to Impress Investors in Fiscal 3Q18
TJX Companies (TJX) disappointed investors with lower-than-expected sales in fiscal 3Q18.
Expectations for TJX Companies’ Earnings in Fiscal 3Q18
TJX Companies (TJX) has exceeded analysts’ earnings expectations in nine of the past ten quarters and was in line with estimates in one quarter.
Can TJX Companies Deliver Strong Sales in Fiscal 3Q18?
In fiscal 2Q18, which ended on July 29, 2017, TJX Companies (TJX) generated sales of $8.4 billion, beating analysts’ sales estimate of $8.3 billion.
Burlington Stores’ Valuation Compared to Its Peers
As of September 15, 2017, Burlington Stores (BURL) was trading at a 12-month forward PE (price-to-earnings) ratio of 20.8x.
Burlington Stores’ Growth Strategies
Burlington Stores (BURL) is taking several initiatives to deliver continued strong sales growth rates in a challenging market.
Burlington Stores’ Revenue: What Factors Are Driving It?
Burlington Stores (BURL) proved the strength of its off-price business model amid a challenging retail environment, reporting an 8.6% rise in revenue in fiscal 2Q17.
Wall Street Continues to Be Neutral on Dollar Tree
Dollar Tree Stores (DLTR) is covered by 26 Wall Street analysts. Together, they rate the company a 2.3 on a scale of 1.0 (“strong buy”) to 5.0 (“strong sell”).
Is There an Upside to Dollar Tree Stock with YTD Gains of 4%?
Dollar Tree Store (DLTR) stock rose 5.6% on August 24, 2017, after the company reported better-than-expected results and raised its guidance.
Why TJX Companies’ 2Q Margins Could Decline
For fiscal 2Q18, TJX expects its fiscal 2Q18 gross margin to be in the 28.6%–28.7% range, compared with its gross margin of 29.4% in fiscal 2Q17.
Gauging Off-Price Retailers’ Valuations Today
As of June 26, TJX Companies, Ross Stores, and Burlington Stores were trading at 12-month forward PE ratios of 17.7x, 17.5x, and 21.7x, respectively.
Dollar General’s Earnings Likely to Slide This Quarter
Tennessee-based Dollar General (DG) is slated to release results for 1Q17 on Wednesday, May 31, 2017.
TJX Companies’ Q1 Earnings: What Analysts Expect
TJX Companies (TJX) exceeded analysts’ earnings expectations in all the quarters of fiscal 2016 and fiscal 2017.
Why TJX Companies’ Q1 Margins Might Be Under Pressure
In fiscal 4Q17, which ended on January 28, 2017, TJX Companies’ gross margin declined by 40 basis points on a year-over-year basis to 28.3%.
A Look at Off-Price Retailers’ Valuations
On April 25, 2017, TJX Companies (TJX), Ross Stores (ROST), and Burlington Stores (BURL) were trading at 12-month forward PE ratios of 20.2x, 20.6x, and 25.1x, respectively.
Assessing Off-Price Retailer Stocks in 2017
On April 25, 2017, TJX Companies (TJX) stock rose 4.9% on a year-to-date basis. On the same date, Ross Stores (ROST) and Burlington Stores (BURL) stock fell 1.3% and 15.3%, respectively, YTD.
Looking at Off-Price Retailers’ Margins in Fiscal 2017
In fiscal 2016, Ross Stores’s gross margin increased 50 basis points to 28.7%.
Off-Price Retailers Look to Outperform Department Stores in 2017
Despite a rough retail environment, off-price retailers TJX Companies (TJX), Ross Stores (ROST), and Burlington Stores (BURL) have been delivering strong sales growth. In this series, we’ll compare their margins, stock price movements, and analyst recommendations.
A Snapshot of Dollar General, America’s Largest Dollar Store Chain
Headquartered in Tennessee, Dollar General (DG) is the largest discount store retailer in the United States in terms of total sales.
Dollar Tree’s 4Q16 Results: Revenue and Profits
Dollar Tree reported better-than-expected quarterly sales and earnings for 4Q16. Its EPS rose 35% YoY to $1.36.
A Look at Off-Price Retailers’ Store Expansion Plans
As of fiscal 3Q16, which ended October 29, 2016, TJX Companies (TJX) was operating 3,785 stores across the United States, Canada, Europe, and Australia.
Can Off-Price Retailers Sustain Their Strong Sales Growth Rate?
For fiscal 4Q16, analysts expect sales for TJX Companies, Ross Stores, and Burlington Stores to rise 5.4%, 6.4%, and 7.5%, respectively.
Off-Price Retailers That Rewarded Investors the Most in 2016
Major off-price retailers TJX Companies (TJX), Ross Stores (ROST), and Burlington Stores (BURL) performed well in 2016, attracting consumers with attractive bargain deals.
How Is Dollar Tree Priced Compared to Its Peers?
Dollar Tree is currently trading at a one-year forward price-to-earnings (or PE) multiple of 21x, operating in the middle of its 52-week PE range of 18x–24.8x.
Dollar Tree’s Stock Surges on Its 3Q16 Earnings Beat
Dollar Tree (DLTR), a leading operator of discount stores in the United States, reported its results for 3Q16 on November 22, 2016.
How TJX Companies Stock Reacted to Its 3Q17 Results
TJX Companies’ (TJX) stock price fell ~1.0% on November 15 despite strong results announced by the company for fiscal 3Q17.
3Q Earnings: TJX Companies Beats Estimates for 8 Quarters
TJX Companies’ adjusted EPS (earnings per share) of $0.91 in fiscal 3Q17 beat analysts’ consensus estimate of $0.87. It beat estimates for eight quarters.
What to Expect from Dollar Tree’s 3Q16 Results
Dollar Tree (DLTR) will release its results for 3Q16 on November 22, 2016. The results relate to the three-month period ending October 2016.
Nordstrom’s Off-Price Rack Business Impressed in Fiscal 3Q16
In fiscal 3Q16, Nordstrom Rack stores’ sales rose 8.3% YoY to $958 million. Its off-price Rack stores delivered higher sales growth than US full-line stores.
Which Off-Price Retailers’ Stock Has Higher Return Potential?
As of October 4, 77% of analysts had a “buy” recommendation for TJX Companies (TJX) and 23% had a “hold” recommendation.
What Are Off-Price Retailers’ Expansion Plans?
Among the major off-price retailers, TJX Companies (TJX) is the largest player with an extensive store count of 3,675 stores as of July 30, 2016.
Which Off-Price Retailer Is Delivering the Highest Margins?
In fiscal 2Q16, which ended on July 30, 2016, Burlington Stores’ gross margin (including other revenue) was 39.9%.
Which Off-Price Retailer Is Better at Inventory Management?
One of the key strengths of off-price retailers is efficient inventory management.
How Have Major Off-Price Retailer Stocks Performed in 2016?
Off-price retailers like TJX Companies, Ross Stores, and Burlington Stores have outperformed major department stores like Macy’s and Kohl’s so far this year.
Key Drivers Behind Burlington Stores’ 2Q16 Margin Expansion
Burlington Stores’ gross margin, based on total revenue, improved by about 40 basis points to 39.9% in 2Q16 due to higher initial markup.
Can TJX Companies Sustain Its Earnings Growth after Fiscal 2Q17?
Following the strong results in fiscal 2Q17, TJX Companies raised its earnings outlook for fiscal 2017. TJX expects its fiscal 2017 EPS to be in the $3.39–$3.43 range.
Did the Brexit Vote Impact TJX’s International Sales in Fiscal 2Q17?
TJX Companies anticipates its TJX Canada segment to deliver same-store sales growth of 7%–8% in fiscal 2017 and sales of $3.1 billion–$3.2 billion.
TJX Companies’s Sales: Do Analysts Foresee Strong Growth Prospects?
TJX Companies (TJX) delivered same-store sales growth of 4% in fiscal 2Q17, which ended on July 30, 2016. This marked the 30th consecutive quarter of a same-store sales increase.
Nordstrom’s Off-Price Rack Business Delivers Again in Fiscal 2Q16
Nordstrom’s off-price Rack business continued to display strength in fiscal 2Q16 ended July 30, 2016.
Why TJX Companies’ 2Q Margins Could Be Under Pressure
TJX Companies’ (TJX) gross margin in fiscal 1Q17 rose by 50 basis points on a year-over-year basis to 28.8%.
Could Nordstrom’s Rack Stores Have Saved the Day in Q2?
Aside from operating full-line upscale stores, Nordstrom also conducts off-price business through its Nordstrom Rack stores and off-price digital channels.
Comparing Major Off-Price Retailers’ Valuations
Despite more and more companies such as Macy’s (M) entering the off-price space, the position of pure-play off-price retailers is likely to remain strong.
An Insight into the Store Growth Plans of Off-Price Retailers
The consistent performance of off-price retailers such as TJX Companies (TJX) has been attracting more and more competitors to the off-price space.
Which Off-Price Retailer Is Operating at the Highest Margins?
Major off-price retailers have strong margins supported by lean operating models, efficient inventory management, and strong vendor relationships.
Can Off-Price Retailers Sustain Their Strong Sales Growths?
Off-price retailers TJX Companies, Ross Stores, and Burlington Stores delivered strong sales growth in 1Q16, performing better than major department stores.
Company & Industry Overviews Why a Good Start to 2016 Has Turned Average for TWCGX
As of May 27, 2016, the American Century Growth Fund Investor Class (TWCGX) had posted a rise of 0.2% YTD (year-to-date).
Why Burlington Stores’ Stock Rose on Earnings and a New Outlook
Following its strong results in 1Q16, Burlington Stores raised its full-year guidance for fiscal 2016.
How Does TJX Companies Compare to Its Peers on Valuation?
As of May 18, TJX Companies (TJX) is trading at a 12-month forward PE (price-to-earnings) ratio of 21.0x.
TJX Companies’ International Business Sales Rose in Fiscal 1Q17
The TJX International segment, which includes the company’s European and Australian stores, delivered sales growth of 12.8% in fiscal 1Q17.