Key TakeawaysBank of America analysts think value-seeking younger shoppers can support the outlook for off-price apparel retailers. The bank said shares of Burlington Stores, Ross Stores, and TJX have a "long runway."Bank of America said the share of spending by millennials and Gen Zers on value apparel has risen in the past year. Demand from younger shoppers should benefit off-price apparel retailers like Burlington Stores (BURL), Ross Stores (ROST), and TJX (TJX), according to Bank of America analysts. S ...

TJX (TJX) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this parent of T.J. Maxx, Marshalls and other stores have returned +4%, compared to the Zacks S&P 500 composite's +1.6% change. During this period, the Zacks Retail - Discount Stores industry, which TJX falls in, has gained 1.5%. The key question now is: What could be the stock's future dire ...

For Immediate ReleaseChicago, IL – September 17, 2024 – Today, Zacks Equity Research discusses Costco Wholesale Corp. (COST) , The TJX Companies, Inc. (TJX) , Target Corp. (TGT) and Burlington Stores, Inc. (BURL) .Industry: Discount RetailLink: https://www.zacks.com/commentary/2336689/4-retail-discount-stocks-to-seize-opportunities-despite-industry-woesThe Retail – Discount Stores industry is transforming due to a combination of economic pressures and changing consumer behaviors. Inflation and higher intere ...

TJX (TJX) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this parent of T.J. Maxx, Marshalls and other stores have returned +8.9%, compared to the Zacks S&P 500 composite's +3.4% change. During this period, the Zacks Retail - Discount Stores industry, which TJX falls in, has gained 4.4%. The key question now is: What could be the stock's future direction ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (mark one) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended August 3, 2024 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number 1-4908 The TJX Companies, Inc. (Exact name of registrant as specified in its charter) Delaware 04-2207613 (State or other jurisdiction ...

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PARAGUAY - 2024/08/19: In this photo illustration, the TJX Companies, Inc. logo is displayed on a ... [+] smartphone screen. (Photo Illustration by Jaque Silva/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesNote: TJX fiscal year 2024 ended February 3, 2024The TJX Companies stock (NYSE: TJX), an off-price retailer that owns Marshalls, TJ Maxx, and HomeGoods, rose 6.1% on 21st August, as compared to a 0.4% increase in the S&P 500 index. In sharp contrast, TJX’s peer Target st ...

Several analysts raised their price targets for The TJX Companies, Inc. TJX following yesterday’s strong second-quarter results.TJX reported EPS of $0.96 (+13%) and $13.468 billion in sales, which exceeded estimates, driven by a 4% rise in comparable store sales.The company raised its FY25 EPS outlook to $4.09-$4.13 and expects third-quarter EPS between $1.06 and $1.08, despite slightly missing estimates.BofA Securities analyst Lorraine Hutchinson raised the price target to $135 from $115 while maintaining ...

TJX Companies NYSE: TJX stock price surged following the Q2 earnings release because its quality operations and market conditions combined to drive better-than-expected results, leading to improved guidance. The reason it will continue to rise is the analysts. The analysts' response to the news is overwhelmingly bullish, leading this stock to higher highs because off-price retail is hot. TJX Companies TodayTJXTJX Companies$120.23 +6.92 (+6.11%) 52-Week Range$86.71▼$120.89Dividend Yield1.25%P/E Ratio29.83Pri ...

TJ Maxx/Marshalls’ parent TJX continues to benefit from value-chasing consumers.The discount retail company released earnings Wednesday (Aug. 21) showing sales up 6% for the half year and 4% for the quarter, while raising its guidance in anticipation of the fall and holiday shopping seasons.“We’re convinced that consumers will keep seeking value,” CEO Ernie Herman told analysts during an earnings call. “We believe our strategy of trading across a broad range of income and age demographics differentiates us ...