Why TJX Stock Jumped To A Record High Wednesday

Key TakeawaysTJX, the parent company of retailers like TJ Maxx, HomeGoods, and Marshall's, reported better second-quarter earnings than analysts had expected as value-seeking consumers boost sales.TJX stock rose nearly 6% to record levels after the report was released Wednesday.The retailer also announced an investment in Brands for Less, a discount retailer with locations across the Middle East as TJX looks to expand its international efforts. Shares of TJX Companies (TJX), which operates discount retailer ...