TJX Cos. (TJX) Reports Positive GM Results Despite FX and Increased Costs; Cowen Reiterates Outperform

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Go back to TJX Cos. (TJX) Reports Positive GM Results Despite FX and Increased Costs; Cowen Reiterates Outperform

T.J.Maxx, Marshalls and HomeGoods Holiday Campaign - Bring Back the Holidays - Imagines a World Where the Holidays Are About People Again

November 17, 2015 12:03 PM EST

FRAMINGHAM, Mass., Nov. 17, 2015 /PRNewswire/ -- With seven-in-ten Americans (69%)[1] saying that spending time with family and friends is what they most look forward to during the holidays, T.J.Maxx, Marshalls and HomeGoods are celebrating the values that make the season truly special by launching "Bring Back the Holidays," a campaign that focuses on people and creates opportunities to bring them together.  

Experience the interactive Multimedia News Release here:... More

The TJX Companies, Inc. Reports above-Plan Q3 FY16 Results with 5% Comp Sales Growth and Earnings Per Share of $.86

November 17, 2015 8:35 AM EST

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- The TJX Companies, Inc. (NYSE: TJX), the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, today announced sales and earnings results for the third quarter ended October 31, 2015. Net sales for the third quarter of Fiscal 2016 increased 5% to $7.8 billion and consolidated comparable store sales increased 5% over last years 2% increase. Net income for the third quarter was $587 million and diluted earnings per share were $.86 versus last years $.85.

For the first nine months of Fiscal 2016, net sales were $22.0 billion, a 6% increase over last year, and... More