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The Tjx Companies Inc (NYSE: TJX) |
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Price: $133.9100
$-1.21 
-0.895%
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| Day's High:
| $135.5500030517578
| Week Perf:
| -3.99 %
|
| Day's Low: |
$ 133.08 |
30 Day Perf: |
-14.37 % |
| Volume (M): |
11,464,666 |
52 Wk High: |
$ 170.00 |
| Volume (M$): |
$ 0 |
52 Wk Avg: |
$152.21 |
| Open: |
$135.10 |
52 Wk Low: |
$133.08 |
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| Market Capitalization (Millions $) |
149,979 |
| Shares
Outstanding (Millions) |
1,120 |
| Employees |
377,000 |
| Revenues (TTM) (Millions $) |
61,584 |
| Net Income (TTM) (Millions $) |
5,790 |
| Cash Flow (TTM) (Millions $) |
1,325 |
| Capital Exp. (TTM) (Millions $) |
2,122 |
Business Description
Overview of TJX Companies Inc.
Company Profile
TJX Companies Inc. headquartered in Framingham, Massachusetts, is a leading off-price retailer of apparel and home fashions. It operates several off-price chains that have synergistic philosophies and operating platforms in the United States and internationally. These include:
- T.J. Maxx
- Marshalls
- HomeGoods
- Winners (Canada)
- T.K. Maxx (United Kingdom and Ireland)
- HomeSense (Canada, operated by Winners)
- A.J. Wright (currently restructured)
In December 2003, TJX acquired Bob’s Stores, a 31-store value-oriented branded apparel retailer based predominantly in the Northeast United States.
Target Customer Demographics
TJX’s primary target customers are middle to upper-middle income shoppers, who typically align with the demographic profiles of department or specialty store customers. A.J. Wright targets a more moderate income customer base, broadening TJXs reach to various income brackets.
Off-Price Retailing Strategy
TJX’s off-price retail strategy focuses on delivering a dynamic assortment of brand-name merchandise at competitive prices, which are substantially lower than those found in traditional department and specialty stores. The company defines value in terms of quality, brand, fashion, and price.
With more than 400 buyers worldwide and over 10,000 vendors, TJX is well-equipped to provide exciting inventory at impressive value. Key strengths that enable this mission include:
- Expertise in off-price buying
- Substantial buying power
- Strong relationships with manufacturers and suppliers
- Deep organizational experience in off-price retailing
- Efficient inventory management systems and supply chains
- Financial stability and high credit ratings
Inventory Management
The company maintains a liquid inventory position, allowing its buyers to purchase merchandise close to its selling season. This approach enables TJX to capitalize on current market trends and purchase inventory at significant discounts from initial wholesale prices, with most buys coming directly from manufacturers or other retailers.
The rapid turnover of merchandise is supported by TJXs sophisticated internal inventory management systems that enable fluid, continuous restocking and timely responsiveness to shifts in consumer demand. Relevant technologies ensure that an average of 12,000 items per week is delivered efficiently to each T.J. Maxx and Marshalls store.
Cost Structure and Operational Efficiency
TJX is able to maintain a low-cost structure relative to traditional retailers. The company achieves this by:
- Avoiding significant expenditures on store fixtures and design, which allows for flexible store layouts.
- Retaining favorable lease terms due to its expansive real estate presence and expertise.
- Maintaining a relatively low advertising budget focused on general store awareness rather than specific promotions.
The strong sales per square foot and rapid inventory turnover contribute to the companys operational efficiency.
Competitive Landscape
The retail sector, particularly for apparel and home fashion, is highly competitive. TJX competes for customers based on:
- Fashion trends
- Quality of products
- Price point
- Merchandise selection and freshness
- Brand recognition
This competition arises not only from traditional department and specialty stores but also from other national and regional off-price retailers and e-commerce platforms that sell similar categories of products.
Recent Developments
As of October 2023, TJX has been focusing on enhancing its market share by expanding store footprints and optimizing its supply chains. The COVID-19 pandemic has influenced shopping behaviors, with more customers turning to off-price retailers for value. Furthermore, the return to in-store shopping has benefited TJX as consumers seek out physical retail experiences.
Future Prospects
TJX aims to continue its growth trajectory by leveraging its strong buying power, efficient inventory management systems, and an expanding footprint. The company is also adapting its digital strategies to accommodate evolving consumer preferences while maintaining its core off-price retail focus.
In summary, TJX Companies Inc. remains a formidable player in the off-price retail sector, distinguished by its successful operational strategies and a commitment to delivering value to its customers.
Company Address: 770 Cochituate Road Framingham 1701 MA
Company Phone Number: 390-1000 Stock Exchange / Ticker: NYSE TJX
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Customers Net Income fell by |
TJX's Customers Net Profit Margin fell to |
-24.61 % |
3.07 %
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| Business Update
Published Tue, Jun 18 2024 12:47 AM UTC
Detroit KODE Labs, a distinguished provider of intelligent building and pioneering energy management solutions, is thrilled to announce its new partnership with The TJX Companies, Inc. (NYSE: TJX). As the preeminent off-price retailer of fashion and home goods in the U.S. and globally, and a formidable entity on the Fortune 100 list, TJX has selected KODE Labs to implemen...
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| Business Update
Published Mon, Jun 17 2024 6:47 PM UTC
TJX Companies Chooses KODE Labs for Advanced Energy Management Amid Impressive Q1 Performance By , CSIMarket.com DETROIT KODE Labs, a prominent provider of smart building and innovative energy management solutions, has been selected by The TJX Companies, Inc. (NYSE: TJX) to deploy their Energy Management Information System (EMIS) platform across TJX’s stores. This strat...
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| Business Update
Published Fri, Jun 7 2024 1:38 PM UTC
The TJX Companies, Inc. Enters Joint Venture in Mexico with Grupo AxoThe TJX Companies, Inc. (NYSE: TJX), a leading off-price apparel and home fashions retailer in the U.S. and worldwide, has announced its collaboration with Grupo Axo, S.A.P.I. de C.V. (Axo) to establish a joint venture in Mexico. This joint venture includes both full- and off-price formats and is expected t...
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| Dividend
Published Thu, Jun 6 2024 12:48 AM UTC
The TJX Companies, Inc. (NYSE: TJX) recently issued a press release declaring a quarterly dividend of $0.375 per share on its common stock. The dividend is payable on September 5, 2024, to shareholders of record on August 15, 2024. As a Fortune 100 company and the leading off-price retailer of apparel and home fashions globally, TJX s commitment to delivering great...
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| Dividend
Published Wed, Jun 5 2024 12:48 AM UTC
The TJX Companies, Inc. Announces Quarterly Dividend, Shareholders Optimistic Amidst Recent Performance
FRAMINGHAM, Mass. - The TJX Companies, Inc. (NYSE: TJX), a leading off-price retailer of apparel and home fashions in the U.S. and worldwide, has declared a quarterly dividend on its common stock of $.375 per share. The dividend is payable on September 5, 2024, to shar...
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Fundamental Analysis
| Per Share |
Current |
| Earnings (TTM) |
5.14 $ |
| Revenues (TTM) |
54.99 $
|
| Cash Flow (TTM) |
1.18 $ |
| Cash |
4.98 $
|
| Book Value |
9.29 $
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| Dividend (TTM) |
1.75 $ |
| Efficiency
|
Current |
| Revenue per Employee
(TTM) |
163,353 |
| Net
Income per Employee (TTM) |
15,358 |
| Receivable Turnover Ratio (TTM) |
98.73 |
| Inventory Turnover Ratio (TTM) |
5.34 |
| Asset Turnover Ratio (TTM) |
1.76 |
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| Per Share |
|
| Earnings (TTM) |
5.14 $
|
| Revenues (TTM) |
54.99 $ |
| Cash Flow (TTM) |
1.18 $ |
| Cash |
4.98 $
|
| Book Value |
9.29 $ |
| Dividend (TTM) |
1.75 $ |
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| segments |
|
 100 % |
of total Revenue |
| Marmaxx segments |
|
60.39 % |
of total Revenue |
| HomeGoods segments |
|
17.5 % |
of total Revenue |
| TJX Canada segments |
|
8.97 % |
of total Revenue |
| TJX International segments |
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13.14 % |
of total Revenue |
| Marmaxx |
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123.99 % |
of total Revenue |
| HomeGoods |
|
35 % |
of total Revenue |
| TJX Canada |
|
19.23 % |
of total Revenue |
| TJX International |
|
27.76 % |
of total Revenue |
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On February 26 2025 the The Tjx Companies Inc provided following guidance
nnThe TJX Companies, Inc. Provides Financial Results for Q4 and Fiscal Year 2025 with Strategic Plans for FY26nn
On February 26, 2025, The TJX Companies, Inc. (NYSE: TJX), recognized as a leading off-price retailer of apparel and home fashion both in the U.S. and globally, released its financial results for the fourth quarter and the fiscal year that concluded on February 1, 2025. The company reported impressive financial metrics that surpassed expectations, including a 5% growth in comparable store sales for the fourth quarter. Additionally, they achieved a pretax profit margin of 11.6% and a diluted earnings per share (EPS) of $1.23, all indicating strong performance well above their strategic pla...
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27.34% 