TJX news and archive

TJX Q3 net sales up 5 percent, maintains FY16 outlook

The TJX Companies said that its net sales for the third quarter of fiscal 2016 increased 5 percent to 7.8 billion dollars and consolidated comparable store sales increased 5 percent over last year's 2 percent increase. Net income for the third quarter was 587 million dollars and diluted earnings per share were 0.86 dollar versus last year's 0.85...

Business

TJX gets upgrade, GIII soars while Abercrombie struggles

Shares of US apparel and home goods company TJX Cos. (TJX) climbed up by 1.35 percent to 66.12 US dollars yesterday after the discount retailer was added to the "conviction" buy list at Goldman Sachs and upgraded to "buy" from "neutral" this morning. Despite a weak third quarter, which analysts see as an abberation, TJX has seen good revenue...