TJX Companies Inc (TJX.N)
26 Apr 2017
* TJX Companies Inc - announces 20% increase in common stock dividend
By Robert Iafolla A federal judge has rejected an $8.5 million deal to settle class-action claims against three TJX Company Inc retail chains in California for allegedly violating state wage law with its employee bag-check policy.
* 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 Inc , the operator of T.J. Maxx and Marshalls stores, reported better-than-expected profit and comparable store sales, as its discounted offerings attracted shoppers during the holiday season.
* Raises qtrly dividend by 20 pct to 3.25 cents/shr (Adds analysts' comments, Q4 details; updates shares)
* Announces plans to increase dividend 20% and buy back $1.3b to $1.8b of stock
Feb 22 TJX Cos Inc, the parent company of T.J. Maxx and Marshalls, reported better-than-expected comparable store sales on Wednesday, and raised its quarterly dividend.
British sporting goods company Sports Direct International Plc is in talks to bid for Eastern Outfitters LLC, the parent of U.S. discount chain Bob's Stores and outdoor retailer Eastern Mountain Sports, people familiar with the matter said.
Feb 1 British sporting goods company Sports Direct International Plc is in talks to bid for Eastern Outfitters LLC, the parent of U.S. discount chain Bob's Stores and outdoor retailer Eastern Mountain Sports, people familiar with the matter said.
TJX Cos Inc , operator of off-price retailers T.J. Maxx and HomeGoods, reported better-than-expected quarterly comparable store sales as its discounted offerings continue to attract shoppers.