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TJX Companies Inc (TJX.N)

TJX.N on New York Stock Exchange

71.17USD
16 Oct 2017
Change (% chg)

$-0.90 (-1.25%)
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Latest Key Developments (Source: Significant Developments)

TJX reports Q2 earnings per share of $0.85
Tuesday, 15 Aug 2017 10:53am EDT 

Aug 15 (Reuters) - TJX Companies Inc ::Q2 earnings per share $0.85.Q2 sales rose 6 percent to $8.4 billion.Qtrly consolidated comp store sales increased 3% over last year's 4% increase‍​.Sees Q3 2018 earnings per share $0.98 to $1.00.Raises full year guidance‍​.Sees Q3 consolidated comparable store sales growth of 1% to 2%‍​.Says now estimates 2018 diluted GAAP EPS to be $3.89 to $3.93 and Adjusted EPS to be in the range of $3.78 to $3.82‍​.Says total inventories as of July 29, 2017 were $3.9 billion, flat compared to the end of the second quarter last year.FY2018 earnings per share view $3.89, revenue view $35.52 billion -- Thomson Reuters I/B/E/S.Sees fiscal 2018 consolidated comparable store sales growth of 1% to 2%..Wage increases will negatively impact EPS growth by 1% in q3‍​.Co's full-year guidance includes expected benefit of about $0.11 per share from the 53rd week in the company's fiscal 2018 calendar.Q3 earnings per share view $1.00 -- Thomson Reuters I/B/E/S.FY2018 earnings per share view $3.89 -- Thomson Reuters I/B/E/S.Wage increases will negatively impact EPS growth by 2% in fiscal 2018.Q2 earnings per share view $0.84, revenue view $8.29 billion -- Thomson Reuters I/B/E/S.Co now expects to repurchase approximately $1.5 billion to $1.8 billion of tjx stock in fiscal 2018.  Full Article

TJX Q1 earnings per share $0.82
Tuesday, 16 May 2017 08:35am EDT 

May 16 (Reuters) - TJX Companies Inc ::Q1 earnings per share $0.82.Q1 sales rose 3 percent to $7.8 billion.Qtrly net sales increased 3 pct to $7.8 billion, over last year’s 10 pct increase.Q1 earnings per share view $0.79, revenue view $7.88 billion -- Thomson Reuters I/B/E/S.Q1 same store sales rose 1 percent.TJX Companies Inc - total inventories as of april 29, 2017, were $3.7 billion, compared with $3.9 billion at the end of the first quarter last year.TJX Companies Inc - movement in foreign currency exchange rates had a two percentage point negative impact on consolidated net sales growth in q1.TJX Companies Inc says for the second quarter of fiscal 2018, the company expects diluted earnings per share to be in the range of $0.81 to $0.83.TJX Companies maintains full year fiscal 2018 outlook.TJX Companies says for second quarter of fiscal 2018, expects consolidated comparable store sales growth of 1 pct to 2 pct.Q2 earnings per share view $0.92 -- Thomson Reuters I/B/E/S.Fy2018 earnings per share view $3.91, revenue view $35.63 billion -- Thomson Reuters I/B/E/S.TJX Companies says continues to expect to repurchase approximately $1.3 billion to $1.8 billion of TJX stock in fiscal 2018.TJX Companies says expect foreign currency and transactional foreign exchange will negatively impact eps growth by 4 pct in q2.  Full Article

TJX Companies Inc announces 20% increase in common stock dividend
Tuesday, 4 Apr 2017 11:38am EDT 

Tjx Companies Inc : TJX Companies Inc - announces 20% increase in common stock dividend . TJX Companies Inc - board declared a regular quarterly dividend in the amount of $.3125 per share .TJX Companies Inc - board declared a regular quarterly dividend in the amount of $.3125 per share, payable June 1, 2017.  Full Article

TJX Cos says it expects to add about 250 net new stores in 2018
Wednesday, 22 Feb 2017 12:05pm EST 

TJX Companies Inc : TJX Cos - Q4 EPS growth negatively impacted by 3 percent due to wage increases and 5 percent due to foreign currency and transactional foreign exchange -conf call . TJX Cos - expects FY18 SG&A as a percentage of sales to be in the range of 17.6 percent to 17.7 percent versus 17.4 percent last year - conf call . TJX Cos - Currently expects FY18 tax rate of 36.9 percent, net interest expense of $37 million - conf call . TJX Cos - Expects FY18 comp growth of 1 percent to 2 percent on sales of $22.2 to $22.4 billion at Marmaxx unit - conf call . TJX Cos - Expect FY18 comps to increase 2 percent to 3 percent on sales of $5.0 to $5.1 billion at HomeGoods unit - conf call . TJX Cos - Expect FY18 comp increase of 2 percent to 3 percent on sales of $3.4 to $3.5 billion at TJX Canada division - conf call . TJX Cos - Expects FY18 comp growth of 1 percent to 2 percent on sales of $4.5 to $4.6 billion at TJX International division - conf call . TJX Cos - Expects to add about 250 net new stores or increase store growth by 7 percent in FY 2018 - conf call Further company coverage: [TJX.N] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

TJX Companies Inc reports Q4 earnings per share $1.03
Wednesday, 22 Feb 2017 10:20am EST 

TJX Companies Inc : Q4 earnings per share $1.03 . Q4 sales rose 6 percent to $9.5 billion . Announces plans to increase dividend 20% and buy back $1.3b to $1.8b of stock . Qtrly consolidated comparable store sales for the fourth quarter increased 3%, over last year’s 6% increase . For Q4, consolidated pretax profit margin was 11.6%, a 0.3 percentage point decrease compared with the prior year . To increase regular quarterly dividend to $.3125 per share . Total inventories as of January 28, 2017, were $3.6 billion, compared with $3.7 billion at the end of the prior fiscal year . TJX Companies Inc sees for year ending February 3, 2018, diluted earnings per share to be in the range of $3.80 to $3.89 . For q4 fiscal 2017, company’s consolidated pretax profit margin was 11.6%, 0.3 percentage point decrease compared with prior year . For the first quarter of fiscal 2018, the company expects diluted earnings per share to be in the range of $0.76 to $0.78 . TJX Companies Inc sees for year ending February 3, 2018, adjusted diluted earnings per share to be $3.69 to $3.78, excluding benefit from 53rd week . For the first quarter of fiscal 2018, the company expects consolidated comparable store sales growth of 0% to 1% . Gross profit margin for the fourth quarter of fiscal 2017 was 28.3%, down 0.4 percentage points versus the prior year . TJX Companies Inc sees for year ending February 3, 2018, consolidated comparable store sales growth of 1% to 2%.  Full Article

TJX Cos says expects Q4 consol sales $9.3 bln-$9.4 bln - conf call
Tuesday, 15 Nov 2016 12:22pm EST 

Tjx Companies Inc : TJX cos executive - sees Q4 consol sales $9.3 billion-$9.4 billion, guidance assumes 2 percent negative impact to revenue due to translational foreign exchange - conf call . TJX cos executive - continue to anticipate buying back $1.5 bln to $2 bln of TJX stock this year - conf call . TJX cos executive - co's research shows millennial shoppers make up biggest percentage of co's new customers in the U.S. - conf call . TJX cos executive - there clearly could be some pressure for foreign exchange next year, primarily with British pound impact on Europe business - conf call Further company coverage: [TJX.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

TJX Cos Inc says no store closings planned this year
Tuesday, 17 May 2016 11:32am EDT 

TJX Companies Inc : Traffic increases are being driven both by new customers and existing customers shopping with co more frequently - conf call . Long term, sees potential to grow to 5,600 stores with current chains and just current markets alone - conf call . No store closings planned across entire company this year - conf call Further company coverage: [TJX.N] (Bengaluru Newsroom: +1 646 223 8780).  Full Article

TJX Companies reports Q1 EPS of $0.76
Tuesday, 17 May 2016 08:30am EDT 

TJX Companies Inc : Net sales for the first quarter of fiscal 2017 increased 10% to $7.5 billion . Qtrly consolidated comparable store sales increased 7% over last year’s 5% increase . Qtrly diluted earnings per share were $0.76 . For q2, the company expects diluted earnings per share to be in the range of $.77 to $.79 compared to $.80 last year . For the fiscal year ending January 28, 2017, the company now expects diluted earnings per share to be in the range of $3.35 to $3.42 . For fiscal year ending January 28, 2017, the company now expects diluted earnings per share to be in the range of $3.35 to $3.42 . Sees Q2 diluted earnings per share to be in the range of $.77 to $.79 . Expects combination of foreign currency, transactional foreign exchange to have additional 2% negative impact on Q2 EPS growth . Total inventories as of April 30, 2016, were $3.9 billion, compared with $3.5 billion at the end of the first quarter last year . Sees estimated Q2 consolidated comparable store sales growth of 2% to 3% . Q1 consolidated pretax profit margin was 10.9%, a 0.2 percentage point decrease compared with the prior year . FY EPS outlook is now based upon a raised estimate of consolidated comparable store sales growth of 2% to 3% . Sees foreign currency, transactional foreign exchange and wage increases will have a 6% negative impact on FY EPS growth.  Full Article

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Nordstrom family suspends attempt to take U.S. retailer private

Nordstrom Inc said on Monday that a founding family group had suspended attempts to take the U.S. department store operator private because of difficulties in arranging debt financing for its bid ahead of the key holiday shopping season.