TJX Companies Inc The
- TJX Companies Inc. gained 1.8% to $124.89 after the off-price department store chain reported higher comparable sales in the fourth quarter of fiscal 2025 ending in February.
Net sales dropped to $16.35 billion from $16.41 billion, net income declined to $1.39 billion from $1.40 billion, and earnings per diluted share rose to $1.23 from $1.22 a year ago.
Consolidated comparable store sales in the quarter increased 5%, well above the company’s plan, and they were driven by an increase in customer transactions.
The company returned $4.1 billion to shareholders in fiscal 2025 through share repurchases and dividends.
Feb 27, 2025 - TJX Companies fell 2.5% to $90.20 after the apparel and household goods retailer reported positive quarterly results, but the company's guidance fell short of some investors' expectations.
Revenue in the third quarter ending in October rose 9% to $13.3 billion from $12.2 billion, net income advanced to $1.2 billion from $1.1 billion, and diluted earnings per share rose to $1.03 from 91 cents a year ago.
Comparable store sales in the quarter increased by 6%, slower than 14% a year ago.
U.S. comparable stores at Home Goods chain rose 9% compared to a decline of 16%, and Marmaxx stores (TJ Maxx and Marshall stores) increased 7% compared to 3% increase a year ago, respectively.
Total inventories at the end of the quarter were $8.3 billion, flat compared to a year ago.
During the quarter, the company repurchased $650 million of its own shares, retired 7.2 million shares, and paid $380 million in shareholder dividends.
The company now expects to repurchase approximately $2.25 billion to $2.5 billion of its stock during the fiscal year ending on February 3, 2024.
TJX estimated comparable sales in the fourth quarter to increase between 3% and 4%, and diluted earnings per share between $1.07 and $1.10.
For the fiscal year ending on February 4, 2024, the retailer estimated comparable sales to increase between 4% and 5% and diluted earnings per share between $3.71 and $3.74, including the benefit of the 53rd week.
Nov 15, 2023
| Year | May | Aug | Nov | Feb | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 0.88 | 0.76 | 0.85 | 1.03 | - | |
| 2022 | 0.78 | 0.49 | 0.69 | 0.91 | 2.97 | |
| 2021 | 0.28 | 0.44 | 0.64 | 0.84 | 2.7 | |
| 2020 | 0.8 | -0.74 | -0.18 | 0.71 | 0.07 | |
| 2019 | 0.59 | 0.57 | 0.62 | 0.81 | 2.67 | |
| 2018 | 1.37 | 1.13 | 1.17 | 0.63 | 2.43 | |
| 2017 | 1.03 | 0.82 | 0.85 | 1 | 3.7 | |
| 2016 | 0.99 | 0.76 | 0.84 | 0.91 | 3.5 | |
| 2015 | 0.93 | 0.69 | 0.80 | 0.86 | 3.28 | |
| 2014 | 0.32 | 0.37 | 0.43 | 0.40 | 1.47 | |
| 2013 | 0.31 | 0.33 | 0.43 | 0.41 | 1.28 | |
| 2012 | 0.28 | 0.28 | 0.31 | 0.31 | 0.97 | |
| 2011 | 0.17 | 0.23 | 0.27 | 0.21 | 0.83 | |
| 2010 | 0.20 | 0.19 | 0.23 | 0.23 | 0.71 | |
| 2009 | 0.12 | 0.15 | 0.20 | 0.15 | 0.5 | |
| 2008 | 0.11 | 0.11 | 0.14 | 0.16 | 0.42 | |
| 2007 | 0.09 | 0.03 | 0.14 | 0.11 | 0.39 | |
| 2006 | 0.09 | 0.07 | 0.12 | 0.15 | 0.35 | |
| 2005 | 0.07 | 0.06 | 0.08 | 0.07 | 0.3 |