Net sales for the first quarter of Fiscal 2018 increased 3 percent to $7.8 billion and consolidated comparable store sales increased 1 percent over last year’s 7 percent increase.
Net sales for the fourth quarter of Fiscal 2017 increased 6 percent to $9.5 billion, over an 8 percent increase last year.
The off-price retailer reported a seven percent increase in net sales, driven by consumer traffic, but earnings still decreased slightly.
Massachusetts-based off-price retailer The TJX Companies, Inc. has announced that its Board of Directors has raised the amount of its quarterly dividend by 24% from the last dividend paid.
Off-price retailer The TJX Companies, Inc. has reported net sales for the fourth quarter of Fiscal 2016 increased 8 percent to $9 billion and consolidated comparable store sales increased 6 percent over last year’s 4 percent increase.
TJX Co. surprised Wall Street on Tuesday by reporting a 5 percent increase in comparable sales for the quarter ending October 31, beating analysts’ estimates by more than a percent.
The TJX Companies, Inc. has announced that it has completed its acquisition of Trade Secret, an off-price retailer that operates 35 stores in Australia, for a purchase price of AUD$80 million (USD$58 million).
Off-price retailer TJX Companies has announced Ernie Herrman will become CEO effective January 31, 2016.
TJX Companies beat Wall Street’s earnings estimates by three cents per share in the first quarter of fiscal 2016. The company, which operates the TJ Maxx and Marshall’s off-price chains, reported net sales up 6% to $6.9 billion and same-store sales up 5%. Diluted earnings per share of $0.69 were …
After nearly 40 years at TJX Companies, Ben Cammarata has announced his retirement as chairman of the board. Cammarata’s retirement will go into effect June 11 at the next annual stockholders meeting. He will continue with the company in an advisory role as founder and executive advisor. TJX’s CEO and …
TJX CEO Carol Meyrowitz said that T.J. Maxx, Marshalls, HomeGoods and Sierra Trading Post workers would begin making at least $9 an hour in June.
TJX Companies has acquired the privately held Cheyenne, Wyo.-based an off-price Internet retailer Sierra Trading Post for $200 million.