TJX | Jotup

The TJX Companies, Inc. Reports Q1 FY25 Results; Comp Store Sales Growth of 3% at High-End of Plan; Pretax Profit Margin of 11.1% and Diluted EPS Increase of 22% Both Well Above Plan; Raises FY25 Pretax Profit Margin and EPS Guidance

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Mercoledì, Maggio 22, 2024

2Reflects net sales adjusted for the impact of foreign currency; see Impact of Foreign Currency Exchange Rates, below.

Key Points:

2Reflects net sales adjusted for the impact of foreign currency; see Impact of Foreign Currency Exchange Rates, below.
For the first quarter of Fiscal 2025, the Company’s pretax profit margin was 11.1%, up 0.8 percentage points versus last year’s first quarter pretax profit margin of 10.3%.
Net interest income benefitted first quarter Fiscal 2025 pretax profit margin by 0.1 percentage point versus the prior year.
For the full year Fiscal 2025, the Company continues to plan consolidated comparable store sales to be up 2% to 3%.

The TJX Companies, Inc. to Report Q1 FY25 Results May 22, 2024

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Mercoledì, Maggio 8, 2024

Home Goods, Specialty, Online Retail, Fashion, Cosmetics, Discount, Variety, Retail, Department Stores, TJX Companies, TJX

The TJX Companies, Inc. (NYSE: TJX) today announced that it plans to release its first quarter Fiscal 2025 sales and earnings results on Wednesday, May 22, 2024, before 9:30 a.m.

Key Points:

The TJX Companies, Inc. (NYSE: TJX) today announced that it plans to release its first quarter Fiscal 2025 sales and earnings results on Wednesday, May 22, 2024, before 9:30 a.m.
ET that day, Ernie Herrman, TJX’s Chief Executive Officer and President, will hold a conference call to discuss the Company’s first quarter Fiscal 2025 results, operations, and business trends.
A real-time webcast of the call will be available to the public at TJX.com .
A replay of the call will also be available by dialing (866) 367-5577 (toll free) or (203) 369-0233 through Tuesday, May 28, 2024, or at TJX.com .

NEW ENGLAND PATRIOTS QUARTERBACK DRAKE MAYE NAMED HONORARY CHAIR OF 25TH ANNIVERSARY BEST BUDDIES CHALLENGE: HYANNIS PORT PRESENTED BY JERSEY MIKE'S SUBS, SHAW'S AND STAR MARKET FOUNDATION AND THE TJX COMPANIES, INC.

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Lunedì, Maggio 6, 2024

"Best Buddies is thrilled to commemorate the 25th anniversary of our Best Buddies Challenge: Hyannis Port, an event that was chaired by Tom Brady for 20 years and alone raised over $100 million for Best Buddies programs," said Anthony K. Shriver, Founder, Chairman & CEO, Best Buddies International.

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"Best Buddies is thrilled to commemorate the 25th anniversary of our Best Buddies Challenge: Hyannis Port, an event that was chaired by Tom Brady for 20 years and alone raised over $100 million for Best Buddies programs," said Anthony K. Shriver, Founder, Chairman & CEO, Best Buddies International.
"Additionally, we are incredibly grateful to celebrate this year's event with New England Patriots Quarterback Drake Maye serving as our Honorary Chair.
The Challenge is open to participants of all ages and abilities and is designed to showcase the Best Buddies mission in action.
Best Buddies and Drake Maye will bring back the legendary football toss, a tradition initiated by former Honorary Chair and Best Buddies Global Ambassador Tom Brady.

Marshalls Launches First-Ever "Good Stuff Style Collective" in Partnership with Celebrity Stylists Molly Dickson, Zerina Akers and Enrique Melendez

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Giovedì, Aprile 25, 2024

Partnership, TJX, Television, Beauty, Department store

FRAMINGHAM, Mass., April 25, 2024 /PRNewswire/ -- Marshalls (NYSE: TJX) today announced the launch of its inaugural team of style experts: Marshalls Good Stuff Style Collective. As some of the industry's top stylists to the stars, Zerina Akers, Enrique Melendez and Molly Dickson, embark on this partnership to share their fashion expertise and styling advice for shoppers everywhere. Featured in Marshalls Spring/Summer '24 trend report, The Edit by Marshalls, the Style Collective is all about highlighting quality, on-trend fashion at every price point and providing a peek behind the curtain on how Marshalls hustles to get the good stuff™ in its over one thousand stores nationwide.

Key Points:

As some of the industry's top stylists to the stars, Zerina Akers , Enrique Melendez and Molly Dickson , embark on this partnership to share their fashion expertise and styling advice for shoppers everywhere.
As for Zerina Akers, "It's really fun to be able to partner with Marshalls.
For fashion tips, style inspiration, and more from Marshalls Good Stuff Style Collective, visit Marshalls on Instagram and TikTok at @Marshalls.
Visit The Edit Shop online and locate your nearest Marshalls store here for all the good stuff™.

The TJX Companies, Inc. Announces 13% Increase in Common Stock Dividend

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Martedì, Aprile 2, 2024

Footwear, Fashion, Online Retail, Retail, Discount, Variety, Home Goods, Department Stores, Share repurchase, TJX, Growth, Fiscal, TJX Companies

The TJX Companies, Inc. (NYSE: TJX) today announced that its Board of Directors has raised the amount of its quarterly dividend by 13% from the last dividend paid.

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The TJX Companies, Inc. (NYSE: TJX) today announced that its Board of Directors has raised the amount of its quarterly dividend by 13% from the last dividend paid.
The Board declared a regular quarterly dividend in the amount of $.375 per share, payable June 6, 2024, to shareholders of record on May 16, 2024.
Ernie Herrman, Chief Executive Officer and President of The TJX Companies, Inc., stated, “I am pleased to announce that our Board of Directors has approved a 13% increase in our quarterly dividend.
This marks our 27th dividend increase over the last 28 years.

Largest US Public Companies Fuel Increasing Inequality Crisis, Finds Oxfam

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Lunedì, Marzo 18, 2024

Today, Oxfam , the global organization fighting inequality to end poverty and injustice, launched the Corporate Inequality Footprint (CIF) , one of the only holistic, data-driven assessments of the largest 200 public companies’ contributions to inequality in the United States.

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Today, Oxfam , the global organization fighting inequality to end poverty and injustice, launched the Corporate Inequality Footprint (CIF) , one of the only holistic, data-driven assessments of the largest 200 public companies’ contributions to inequality in the United States.
View the full release here: https://www.businesswire.com/news/home/20240318440656/en/
The largest US public corporations with the lowest median salaries, including four companies with CEO-worker pay ratios above 1,500:1.
(Graphic: Business Wire)
The first-of-its-kind analysis, which looks at publicly disclosed data from the largest US public companies, aims to shine a brighter light on corporations’ inequality footprints and empower investors to engage them on the policies and behaviors that fuel our inequality crisis.
To make measurable progress against the inequality crisis, Oxfam calls for stronger disclosure requirements that can better expose the inequality machine in US business practices.

WorkJam Announces Partnership with Simms & Associates to Support Expansion into Southern Europe

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Martedì, Aprile 2, 2024

UKG, DACH, Growth, Learning, Communication, Digital, Health, Associate, Workforce, WorkJam, TJX

As an established global partner in workforce management solutions, Simms & Associates has the expertise, experience, and proficiency in premium UKG implementation to support WorkJam's expansion into Southern Europe.

Key Points:

As an established global partner in workforce management solutions, Simms & Associates has the expertise, experience, and proficiency in premium UKG implementation to support WorkJam's expansion into Southern Europe.
Simms & Associates' role will be as a reseller and services partner for WorkJam's world-leading frontline digital workplace to businesses within the region.
Together, Simms & Associates and WorkJam aim to empower businesses to unlock the full potential of their frontline workforce, enabling them to become agile and cultivate high-performing teams.
Amanda Simms, CEO of Simms & Associates, comments: 'Digital workforce management is playing an increasingly important role within the success of numerous sectors.

The TJX Companies, Inc. Reports Q4 and Full Year FY24 Results; Q4 Comp Store Sales Growth of 5%, Pretax Profit Margin, and Diluted EPS All Above Plan; Expects to Increase Dividend by 13% and Buy Back $2.0 to $2.5 Billion of Stock in FY25

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Mercoledì, Febbraio 28, 2024

Fashion, Footwear, Retail, Discount, Variety, Department Stores, Specialty, TJX, Total, TJX Companies, Growth, Calendar, Translation, HomeGoods, TK Maxx, Movement, Fiscal, HomeSense

Net sales for fourth quarter and full year Fiscal 2024 are for the 14-week and 53-week period ended February 3, 2024.

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Net sales for fourth quarter and full year Fiscal 2024 are for the 14-week and 53-week period ended February 3, 2024.
This was above the Company’s plan due to a higher merchandise margin as well as expense leverage on the above-plan sales.
The higher merchandise margin includes a larger-than-expected benefit from lower inventory shrink expense, lower freight costs, lower markdowns, and better markon.
Net interest income benefitted fourth quarter Fiscal 2024 pretax profit margin by 0.1 percentage point versus the prior year.

The TJX Companies, Inc. to Report Q4 and Full Year FY24 Results February 28, 2024

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Mercoledì, Febbraio 14, 2024

Footwear, Fashion, Online Retail, Retail, Discount, Variety, Home Goods, Department Stores, TJX, TJX Companies

The TJX Companies, Inc. (NYSE: TJX) today announced that it plans to release its fourth quarter and full year Fiscal 2024 sales and earnings results on Wednesday, February 28, 2024, before 9:30 a.m.

Key Points:

The TJX Companies, Inc. (NYSE: TJX) today announced that it plans to release its fourth quarter and full year Fiscal 2024 sales and earnings results on Wednesday, February 28, 2024, before 9:30 a.m.
ET that day, Ernie Herrman, TJX’s Chief Executive Officer and President, will hold a conference call to discuss the Company’s fourth quarter and full year Fiscal 2024 results, operations, and business trends.
A real-time webcast of the call will be available to the public at TJX.com .
A replay of the call will also be available by dialing (866) 367-5577 (toll free) or (203) 369-0233 through Tuesday, March 5, 2024, or at TJX.com .

WNBA legend Lisa Leslie, Scripps Network Interactive founder Susan Packard, and Estee Lauder Executive Vice President Meridith Webster deliver keynotes at Bryant University’s 27th Women's Summit®

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Lunedì, Febbraio 12, 2024

Established by Kati Machtley in 1997, Bryant’s Women's Summit® is the largest and longest-running event of its kind in Rhode Island and the region.

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Established by Kati Machtley in 1997, Bryant’s Women's Summit® is the largest and longest-running event of its kind in Rhode Island and the region.
It embraces women’s financial empowerment by providing attendees an opportunity for professional and personal development and networking.
They are just three of the dynamic women inspiring Summit-goers to move from passion to action at this day-long event.
In addition to keynote speakers, the Women's Summit® features 16 educational breakout sessions and a host of lively networking opportunities for attendees.