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TJX Companies (TJX) Faces Questions After Marmaxx Posted 1% Comparable Sales Growth
Simply Wall St.20h agoneutral
TJX Companies (TJX) Faces Questions After Marmaxx Posted 1% Comparable Sales Growth

TJX Companies (NYSE:TJX) drew fresh attention after Jim Cramer questioned execution issues in its Marmaxx division on recent results. Marmaxx, which includes TJ Maxx and Marshalls, reported 1% comparable sales growth that Cramer contrasted with a stronger key rival. TJX executives acknowledged self-inflicted merchandising and execution problems at Marmaxx and stated these have been fixed without outlining specific actions. The concerns Cramer raised about Marmaxx execution now intersect with...

Macy’s Sinks 5% Despite Raised Full-Year Outlook, Kohl’s and TJX Barely Budge
24/7 Wall St.9d agoneutral
Macy’s Sinks 5% Despite Raised Full-Year Outlook, Kohl’s and TJX Barely Budge

Shares of Macy’s, Inc. (NYSE:M) are down 5% to $20.45 in early Thursday trading. The slide arrives despite a fiscal second-quarter beat and a raised full-year outlook that the company delivered before the open. The reaction looks company-specific, since retail peers are barely moving on the same session. That locates the response inside Macy’s own […]

Jim Cramer Revealed Why Ross Stores, Inc. (NASDAQ:ROST) Is “Kicking Butt”
Insider Monkey14d agoneutral
Jim Cramer Revealed Why Ross Stores, Inc. (NASDAQ:ROST) Is “Kicking Butt”

Off price retailers The TJX Companies, Inc. (NYSE:TJX) and Ross Stores, Inc. (NASDAQ:ROST) have started to consistently appear on Jim Cramer’s radar. Over the past couple of weeks, the CNBC TV host has praised Ross Stores, Inc. (NASDAQ:ROST) on multiple occasions and praised the firm’s CEO, Jim Conroy. In his morning appearance on the 28th […]

TJX (TJX) Stock Looks Expensive On Cash Flow But Fair On Earnings
Simply Wall St.21d agoneutral
TJX (TJX) Stock Looks Expensive On Cash Flow But Fair On Earnings

TJX Companies has delivered strong share price gains over the past five years, yet the current valuation checks point to a stock that appears expensive on an intrinsic value basis while trading around fair on earnings-style multiples. Recent short-term share price weakness adds another consideration for investors who are weighing what they are paying today against what the current fundamentals can reasonably support. Over the past 5 years, TJX Companies has returned about 104.4%, which...

Walmart (WMT) and Home Depot (HD) Results Show US Consumers Cut Back but Still Find Room for Splurges
Insider Monkey22d agoneutral
Walmart (WMT) and Home Depot (HD) Results Show US Consumers Cut Back but Still Find Room for Splurges

Walmart Inc. (NASDAQ:WMT) disappointing sales and The Home Depot, Inc. (NYSE:HD) strength among budget-conscious do-it-yourselfers indicate middle-class consumers are growing more tight-fisted, Reuters reported, even as wealthier shoppers keep supporting luxury brands like Ralph Lauren. Walmart’s fiscal second-quarter comparable sales grew 3.4% excluding the impact of pharmacy-related items, while Walmart, TJ Maxx owner TJX, and […]

TJX (TJX) Beats Expectations Even As Its Biggest Division Stumbles
Insider Monkey23d agoneutral
TJX (TJX) Beats Expectations Even As Its Biggest Division Stumbles

On August 19, The TJX Companies (NYSE:TJX) reported second-quarter results that beat its own plan, even though its largest division could not keep pace with the rest of the business. Consolidated comparable sales rose 4%, adjusted earnings per share climbed 11% to $1.22, and management raised its full-year profit outlook. The catch is that Marmaxx, […]

Down 10% in 4 Weeks, Here's Why TJX (TJX) Looks Ripe for a Turnaround
Zacks25d agoneutral
Down 10% in 4 Weeks, Here's Why TJX (TJX) Looks Ripe for a Turnaround

TJX (TJX) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.