TJX Companies news and archive

TJX Companies Q3 revenues jump 12 percent

American retailer of apparel and home fashion TJX Companies said on Tuesday its Q3 revenue for 2018 increased by 12 percent, while consolidated comparable store sales increased 7percent. Net income was 762 million US Dollars and diluted earnings per share were 0.61 cents, versus the prior year's 0.50 cents. Excluding a 0.09 cents benefit due to...

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TJX elects Rosemary Berkery to its board of directors

The TJX Companies, Inc. has announced the election of Rosemary T. Berkery to its board of directors. Berkery most recently served as chairman of UBS Bank USA and vice chairman of UBS Wealth Management Americas, a bank and a wealth management firm, from March 2010 until April 2018, also serving as CEO of UBS Bank USA from March 2010 until...

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TJX Companies Q2 revenues increase 11.6 percent

American retailer of apparel and home fashion TJX Companies said on Tuesday its Q2 revenue for 2018 increased 11.6 percent. Net income increased by 33.9 percent from the same period last year. The company’s sales in Q2 2018 were 9,331 million US Dollars, up from 8,358 million US Dollars a year earlier. Net income increased to 739 million US...

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Management

TJX Companies: Q1 adjusted earnings per share increase 17 percent

The TJX Companies, Inc. announced that net sales for the first quarter of fiscal 2019 increased 12 percent to 8.7 billion dollars, while consolidated comparable store sales increased 3 percent over the comparable period last year ending May 6, 2017. Net income for the quarter was 716 million dollars and diluted earnings per share were 1.13...

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ManagementFeatured

TJX posts flat same-store sales growth in Q3

The TJX Companies’ net sales for the third quarter of fiscal 2018 increased 6 percent to 8.8 billion dollars and consolidated comparable store sales were flat compared to last year's 5 percent increase. Net income was 641 million dollars, while diluted earnings per share were 1 dollar, a 20 percent increase over the prior year's GAAP EPS of 0.83...

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ManagementFeatured

TJX Companies posts rise in Q2 net sales and earnings

The TJX Companies net sales for the second quarter of fiscal 2018 increased 6 percent to 8.4 billion dollars and consolidated comparable store sales increased 3 percent over last year's 4 percent increase. Net income for the quarter was 553 million dollars and diluted earnings per share were 0.85 dollar, versus the prior year's 0.84 dollar....

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TJX Companies posts 3 percent rise in Q1 net sales

The TJX Companies net sales for the first quarter of fiscal 2018 increased 3 percent to 7.8 billion dollars and consolidated comparable store sales increased 1 percent over last year's 7 percent increase. Net income for the quarter was 536 million dollars and diluted earnings per share were 0.82 dollar versus the prior year's 0.76 dollar....

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Business

TJX Companies posts 3 percent rise in Q1 net sales

The TJX Companies net sales for the first quarter of fiscal 2018 increased 3 percent to 7.8 billion dollars and consolidated comparable store sales increased 1 percent over last year's 7 percent increase. Net income for the quarter was 536 million dollars and diluted earnings per share were 0.82 dollar versus the prior year's 0.76 dollar....

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TJX Companies approves 20 percent increase in quarterly dividend

The TJX Companies’ Board of Directors has approved a 20 percent raise in its quarterly dividend from the last dividend paid. The Board declared a regular quarterly dividend in the amount of 0.3125 dollar per share, payable June 1, 2017, to shareholders of record on May 11, 2017. Commenting on the increase in dividend, Ernie Herrman, CEO and...

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RetailFeatured

TK Maxx to open in Australia

London - International discount retailer TK Maxx has confirmed it is set to open its doors in Australia. Owned by US firm TJX Companies Inc, TK Maxx, known as TJ Maxx in North America, is said to be the first major 'off-price' retailer to expand into the country. TK Maxx is set to open at least 35 stores across the country in former locations of...

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Management

TK Maxx to open in Australia

London - International discount retailer TK Maxx has confirmed it is set to open its doors in Australia. Owned by US firm TJX Companies Inc, TK Maxx, known as TJ Maxx in North America, is said to be the first major 'off-price' retailer to expand into the country. TK Maxx is set to open at least 35 stores across the country in former locations of...

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ManagementFeatured

TJX Companies reports 4 percent rise in FY17 earnings

Net sales of the TJX Companies for the fourth quarter of fiscal 2017 increased 6 percent to 9.5 billion dollars, over an 8 percent increase last year. Net income was 678 million dollars and diluted earnings per share were 1.03 dollars, a 4 percent increase over the prior year's 0.99 dollar. For the 52-week fiscal year, net sales were 33.2...

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