TJX Companies Inc
TJX: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|kz | LOCK|y@> | LOCK|<Y#?z^! |
TJX Earnings: Exceptional Execution Drives Broad-Based Sales and Margin Gains; Shares Pricey
TJX's first-quarter results included a 6% comparable sales increase and EPS of $1.19, up 30%. Gross margin expanded 180 basis points to 31.3%, driven by merchandise margin gains and favorable inventory and fuel hedges, while all divisions posted comparable sales gains ranging from 4%-9%.
