TJX Companies Inc
TJX: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|x$ | LOCK|B^k | LOCK|cCs<MZ |
TJX Earnings: Strong Performance as Consumers Turn to Off-Price Channel; Shares Remain Overvalued
TJX reported third-quarter sales of $15.1 billion (up 7%), driven by total comparable sales growth of 5% and modest store expansion of 1%. EPS rose 12%, to $1.28, while pretax margin expanded by 40 basis points to 12.7%.
