TJX Companies

CTO Realty Growth Announces Acquisition of 318,000 Square Foot Retail Power Center in Orlando, Florida for $68.7 Million

Retrieved on: 
Thursday, March 21, 2024
Property, MSA, SR 417, TJX Companies, Acquisition, Urban Land Institute, Ulta Beauty, Seminole Towne Center, Retail

WINTER PARK, Fla., March 21, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced the acquisition of Marketplace at Seminole Towne Center, a 318,000 square foot multi-tenant retail power center in the Sanford submarket of Orlando, Florida (the “Property”) for a purchase price of $68.7 million.

Key Points: 
  • WINTER PARK, Fla., March 21, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced the acquisition of Marketplace at Seminole Towne Center, a 318,000 square foot multi-tenant retail power center in the Sanford submarket of Orlando, Florida (the “Property”) for a purchase price of $68.7 million.
  • The purchase price represents a going-in cap rate within the range of the Company’s current guidance for initial cash yields.
  • Seminole Towne Center is situated on 41 acres along I-4 and SR 417, just over 20 miles north of downtown Olando, Florida.
  • A portion of the acquisition was structured as a reverse like-kind exchange in anticipation of possible future income property dispositions by the Company.

UNCF 80th Anniversary Gala in Boston Raises More than $750K to Support HBCUs and Students

Retrieved on: 
Tuesday, March 12, 2024
Northeast Division, BGI, Education, University, Baupost Group, Walking, River, JPMorgan Chase, Black Economic Alliance, Wellington Management Company, Eastern Bank, UNCF, TJX Companies, Cambridge Associates, Student, Kraft Group, Vertex Pharmaceuticals, Delta Air Lines, Management

BOSTON, M.A., March 12, 2024 (GLOBE NEWSWIRE) -- March 7 brought resounding success for students of color across New England and the United States.

Key Points: 
  • BOSTON, M.A., March 12, 2024 (GLOBE NEWSWIRE) -- March 7 brought resounding success for students of color across New England and the United States.
  • Thanks to the New England UNCF (United Negro College Fund) 80th Anniversary “A Mind Is…” Gala, UNCF raised more than $750,000 to further its mission of supporting historically Black colleges and universities (HBCUs) and helping as many deserving students to get to and through college as it can.
  • The 80th anniversary event not only commemorated UNCF's rich legacy, but also emphasized its unwavering commitment to building better futures for all.
  • UNCF will continue its year-long 80th anniversary celebration in New England with a series of events that will continue to honor its legacy and transform the future for generations of minority students.

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

Retrieved on: 
Tuesday, April 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.

Key Points: 
  • 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.

New England UNCF “A Mind Is…” Gala to Celebrate UNCF’s 80th Anniversary

Retrieved on: 
Thursday, February 29, 2024
HBCU, Cambridge Associates, African Americans, UNCF, WCVB, Education, Black Economic Alliance, Northeast Division, TJX Companies, Wellington Management Company, Baupost Group, CFA, Eastern Bank, Kraft Group, BGI, Vertex Pharmaceuticals, JPMorgan Chase, Delta Air Lines, Student, Management

BOSTON, MA, Feb. 29, 2024 (GLOBE NEWSWIRE) -- UNCF (United Negro College Fund) celebrates its 80th anniversary in 2024.

Key Points: 
  • BOSTON, MA, Feb. 29, 2024 (GLOBE NEWSWIRE) -- UNCF (United Negro College Fund) celebrates its 80th anniversary in 2024.
  • As a major event during a year-long celebration, UNCF will host its annual New England “A Mind Is…” Gala on Thursday, March 7, from 6 to 9 p.m. at the Seaport Hotel Boston.
  • The New England “A Mind Is…” Gala will recognize outstanding partners who help the organization effectuate this mission.
  • Events like our New England ‘A Mind Is…’ Gala help us do just that,” said Lomax.

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

Retrieved on: 
Wednesday, February 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.

Key Points: 
  • 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.

U.S. Food Importers Can Now Meet Tough FSVP Compliance Requirements with ComplyHub

Retrieved on: 
Tuesday, February 20, 2024
Documentation, FDA, Supply chain, Document, Registrar, TJX Companies, Medical device

HAMPTON, Va., Feb. 20, 2024 /PRNewswire/ -- Registrar Corp, the world's largest FDA compliance company with over 30,000 clients, today launched ComplyHub. The powerful software enables U.S.-based food and beverage importers subject to the FDA's Foreign Supplier Verification Program (FSVP) become and stay compliant 24/7. Last year, 51% of FDA's FSVP inspections showed U.S. importers were not in compliance. Non-compliance can result in supply chain disruption and FDA-imposed enforcement action, civil penalties, and criminal prosecution.

Key Points: 
  • The powerful software enables U.S.-based food and beverage importers subject to the FDA's Foreign Supplier Verification Program (FSVP) become and stay compliant 24/7.
  • Last year, 51% of FDA's FSVP inspections showed U.S. importers were not in compliance.
  • We are excited that ComplyHub will provide U.S. food importers a powerful new tool to manage their suppliers and keep our food safe."
  • ComplyHub is complemented by Registrar Corp's comprehensive FSVP services for U.S. importers including:
    With ComplyHub, FSVP professional services, and online training, U.S. importers can focus on growing their business while staying FDA-compliant.

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

Retrieved on: 
Wednesday, February 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 .

89% OF CYBER WEEKEND BUYERS SHOPPED ON BLACK FRIDAY, 45% ON CYBER MONDAY, NUMERATOR REPORTS

Retrieved on: 
Tuesday, November 28, 2023
Online, TJX, Cyber Monday, TJX Companies, Bath, The Home Depot, Kroger, Amazon, Costco, Bath & Body Works, Apple, Black Friday, Walmart, Fraction, Rubbermaid, Online shopping

Overall, consumers gravitated toward Black Friday, where average spend topped $100 and online orders were 23% higher than in-store purchases.

Key Points: 
  • Overall, consumers gravitated toward Black Friday, where average spend topped $100 and online orders were 23% higher than in-store purchases.
  • The average Black Friday shopper spent $116 and made two separate purchases during the day of sales.
  • 37% of Cyber Weekend shoppers said they spent less this year, and 19% said they spent more.
  • Early read purchase data for Black Friday 2023 (11/24/23) is sourced from Numerator Insights.

The TJX Companies, Inc. Announces Quarterly Common Stock Dividend

Retrieved on: 
Tuesday, November 28, 2023
Retail, Home Goods, Discount, Variety, Department Stores, TJX Companies, TJX, NYSE, Holding company

The TJX Companies, Inc. (NYSE: TJX) today announced the declaration of a quarterly dividend on its common stock of $.3325 per share payable March 07, 2024, to shareholders of record on February 15, 2024.

Key Points: 

The TJX Companies, Inc. (NYSE: TJX) today announced the declaration of a quarterly dividend on its common stock of $.3325 per share payable March 07, 2024, to shareholders of record on February 15, 2024.

The TJX Companies, Inc. Reports Above Plan Q3 FY24 Comp Store Sales Growth of 6%, Pretax Profit Margin of 12.0%, and Diluted Earnings Per Share of $1.03; Increases FY24 Comp Store Sales and Earnings Per Share Guidance

Retrieved on: 
Wednesday, November 15, 2023
Home Goods, Retail, Discount, Variety, HomeSense, Calendar, Movement, TK Maxx, Translation, Total, TJX Companies, Growth, TJ Maxx, TJX, Fiscal, HomeGoods, Life insurance, Financial services, Security (finance)

3Reflects net sales adjusted for the impact of foreign currency; see Impact of Foreign Currency Exchange Rates, below.

Key Points: 
  • 3Reflects net sales adjusted for the impact of foreign currency; see Impact of Foreign Currency Exchange Rates, below.
  • For the third quarter of Fiscal 2024, the Company’s pretax profit margin was 12.0%, above the Company’s plan and 0.8 percentage points above last year’s third quarter pretax profit margin of 11.2%.
  • The Company expects this unplanned benefit from the timing of expenses will reverse out in the fourth quarter of Fiscal 2024.
  • Net interest income benefitted third quarter Fiscal 2024 pretax profit margin by 0.3 percentage points versus the prior year.