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Last €62.94 EUR
Change Today +0.80 / 1.29%
Volume 2.2K
TJX On Other Exchanges
Symbol
Exchange
New York
Mexico
Frankfurt
As of 3:37 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

tjx companies inc (TJX) Snapshot

Open
€62.33
Previous Close
€62.14
Day High
€63.69
Day Low
€62.33
52 Week High
08/19/15 - €69.51
52 Week Low
08/29/14 - €45.12
Market Cap
42.4B
Average Volume 10 Days
863.9
EPS TTM
--
Shares Outstanding
674.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
1.07%
Current Stock Chart for TJX COMPANIES INC (TJX)

tjx companies inc (TJX) Details

The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX Europe. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, accent furniture, lamps, rugs, wall décor, decorative accessories, and giftware; and other merchandise. It operates stores under the T.J. Maxx, Marshalls, HomeGoods, Winners, HomeSense, T.K. Maxx, and Sierra Trading Post names, as well as operates e-commerce sites tjmaxx.com, tkmaxx.com, and sierratradingpost.com. The company operates approximately 3,300 stores. The TJX Companies, Inc. was founded in 1956 and is headquartered in Framingham, Massachusetts.

198,000 Employees
Last Reported Date: 03/31/15
Founded in 1956

tjx companies inc (TJX) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $1.6M
President
Total Annual Compensation: $1.3M
Chief Financial Officer and Senior Executive ...
Total Annual Compensation: $663.5K
Senior Executive Vice President and Group Pre...
Total Annual Compensation: $962.3K
Senior Executive Vice President and Group Pre...
Total Annual Compensation: $812.3K
Compensation as of Fiscal Year 2015.

tjx companies inc (TJX) Key Developments

The TJX Companies, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended August 1, 2015; Provides Earnings Guidance for the Third Quarter, Fourth Quarter of 2015; Revises Earnings Guidance for the Full Year of Fiscal 2016

The TJX Companies, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended August 1, 2015. For the quarter, Net Sales were $7,363,731,000 compared to $6,917,212,000 a year ago. Income before provision for income taxes was $886,194,000 compared to $830,618,000 a year ago. Net income was $549,335,000 or $0.80 per diluted share compared to $517,624,000 or $0.73 per diluted share a year ago. EPS growth was negatively impacted by about 5% due to the combination of foreign currency, transactional foreign exchange, its wage initiative, incremental investments and pension costs. For the six months, Net Sales were $14,229,368,000 compared to $13,408,388,000 a year ago. Income before provision for income taxes was $1,651,309,000 compared to $1,561,149,000 a year ago. Net income was $1,023,936,000 or $1.49 per diluted share compared to $971,941,000 or $1.37 per diluted share a year ago. Net cash provided by operating activities was $928.6 million, compared to $1,088.4 million a year ago. Property additions were $404.9 million, compared to $425.1 million a year ago. For the third quarter of fiscal 2016, the company expects diluted earnings per share to be in the range of $0.80 to $0.82 compared to $0.85 last year. This guidance reflects an assumption that the combination of foreign currency, transactional foreign exchange, the company’s wage initiative, incremental investments to support growth, and pension costs would have a 13% negative impact on EPS growth. The company expects the foreign currency impact to third quarter EPS growth to be significantly greater than originally planned due to the continued decline of the Canadian Dollar. This EPS outlook is based upon estimated consolidated comparable store sales growth of 2% to 3%. Profit margin to be in the range of 28.5% to 28.7% versus 29.4% last year. For the fourth quarter of 2015, the company expects EPS of $0.96 to $0.98 compared to $0.93 last year. This guidance also reflects raised assumption for fourth quarter consolidated comp sales growth of 2% to 3%. The company is raising its full year earnings per share guidance. For the fiscal year ending January 30, 2016, the company now expects diluted earnings per share to be in the range of $3.24 to $3.28 versus $3.15 in Fiscal 2015. This EPS raise reflects the benefit from the company’s strong second quarter and a higher comp store sales growth assumption for the second half of the year, largely offset by expected additional foreign currency headwinds and higher supply chain costs than originally planned. The guidance for EPS growth also reflects a 9% negative impact from the same factors affecting estimated EPS growth in the third quarter. This EPS outlook is now based upon a raised estimate of consolidated comparable store sales growth of 3% to 4%. For the year, the company expects pretax profit margin to be 11.7% versus last year's adjusted 12.3% in fiscal 2015. The company is anticipating gross profit margin to be approximately 28.5%, which would be flat versus fiscal 2015. The company is planning for a slight increase in merchandise margins. The company expects SG&A as a percent of sales to be approximately 16.7% versus 16.1% last year.

The TJX Companies, Inc., Q2 2016 Earnings Call, Aug 18, 2015

The TJX Companies, Inc., Q2 2016 Earnings Call, Aug 18, 2015

Two California Residents Sues TJX for Allegedly Using Deceptive and Illegal Comparative Pricing to Trick Customers

Two California residents are suing T.J. Maxx's parent company, TJX Companies Inc., for allegedly using deceptive and illegal comparative pricing to trick customers. Riverside County resident Staci Chester and Los Angeles County resident Daniel Friedman filed a class action lawsuit in California federal court on July 17 against the company. Two California residents are suing TJX Companies Inc. for allegedly using deceptive and illegal comparative pricing on merchandise in its T.J. Maxx stores. Riverside County resident Staci Chester and Los Angeles County resident Daniel Friedman sued over T. J. Maxx's use of the phrase "compare at" on the price tags of many name brand items. The pair said the retailer is using estimates of comparative items that mislead customers about discounts and not actual prices of the same product at another retailer or to a earlier price at T.J. Maxx, which they say is against California law. T.J. Maxx, the suit claims, uses "deceptive comparative prices to trick its customers into mistakenly believing they are saving specific and substantial amounts on name brand items". The suit was filed in federal court in Riverside, Calif., earlier in July. The two plaintiffs realized they had misinterpreted the phrase after looking at the company's website.

 

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Industry Analysis

TJX

Industry Average

Valuation TJX Industry Range
Price/Earnings 21.8x
Price/Sales 1.6x
Price/Book 11.4x
Price/Cash Flow 21.4x
TEV/Sales 1.5x
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