T.J.Maxx news and archive

TJX posts 16 percent increase in Q1 comparable sales

The TJX Companies, Inc. net sales for the first quarter were 10.1 billion dollars, an increase of 129 percent compared to the same quarter in fiscal 2021, while net sales increased 9 percent versus the first quarter of fiscal 2020. Overall open-only comp store sales increased 16 percent. Net income for the quarter was 534 million dollars and...

Business

TJX Companies announces quarterly dividend

The TJX Companies, Inc. has announced a quarterly dividend on its common stock of 26 cents per share payable June 3, 2021, to shareholders of record on May 13, 2021. The TJX Companies is an off-price retailer of apparel and home fashions in the U.S. and worldwide. As of January 30, 2021, the end of the company’s fiscal year, the Company operated...

Business

TJX Companies posts drop in Q4 sales and profit

The TJX Companies, Inc. net sales for the fourth quarter were 10.9 billion dollars compared to 12.2 billion dollars in the fourth quarter last year, with overall open-only comp store sales down 3 percent versus last year. Net income for the fourth quarter was 326 million dollars and diluted earnings per share were 27 cents. The company said that...

Business

TJX declares 13 percent rise in quarterly dividend

The TJX Companies, Inc. announced a quarterly dividend on its common stock of 26 cents per share payable March 4, 2021, to shareholders of record on February 11, 2021. This, the company said in a statement, represents a 13 percent increase in the per share dividend compared to the previous dividend paid in March 2020. At the end of the company’s...

Business

TJX Companies posts profit in Q3

The TJX Companies, Inc. has announced that net sales for the third quarter were 10.1 billion dollars, while overall open-only comp store sales were down 5 percent versus last year. The company said in a statement that net income for the quarter was 867 million dollars and diluted earnings per share were 71 cents versus 68 cents in the prior...