As consumers continue to spend cautiously, TJX is seeing bargain shoppers seek the surprise and delight of its stores’ luck-of-the-draw format, bringing joy in a financially stressful time.The off-price apparel and home goods retailer, parent company of TJ Maxx, Marshalls, HomeGoods and others, shared in its first-quarter fiscal 2024 earnings results Wednesday (May 22) that comp store sales increased 3% year over year at a time when many retailers have been seeing shoppers pull back.On a call with analysts, ...

财务数据和关键指标变化 - 第一季度整体同店销售增长3%,全部来自客户交易量增长,这是公司业务强劲的良好指标 [9][10] - 第一季度税前利润率为11.1%,比去年同期上升80个基点,超出公司预期50个基点,主要得益于运费成本下降、计提释放和利息收入增加 [15][16] - 毛利率上升110个基点,主要受益于运费成本下降和价格上涨,部分被存货资本化成本时间差和供应链投资所抵消 [16] - 销售费用率上升20个基点,主要由于门店工资和薪酬成本增加,部分被计提释放所抵消 [16] - 每股收益上升22%,超出预期,主要得益于税前利润率超预期和税率下降 [17] 各条业务线数据和关键指标变化 - Marmaxx部门同店销售增长2%,利润率为14.2%,上升20个基点。尽管遭遇不利天气,但服装和家居类别均实现正增长,其中家居类别优于服装 [18] - HomeGoods同店销售增长4%,利润率大幅增长至9.5%,上升220个基点 [19][20] - 加拿大TJX同店销售增长4%,利润率为12.4%,上升110个基点 [21] - 国际TJX同店销售增长2%,利润率为3.9%,上升120个基点 [21][22] 各个市场数据和关键指标变化 - 公司相信在加拿大和欧洲的表现优于大多数主要零售商 [22] - 公司有信心将继续成为加拿大、欧洲和澳大利亚寻求价值的客户的主要购物目的地 [22] 公司战略和发展方向及行业竞争 - 公司有信心未来至少还能再增加1,300多家门店 [28] - 公司有超过21,000家供应商,来自100多个国家,相信未来仍有充足的优质品牌商品供应支持公司的增长计划 [29][30] - 公司在过去几年中开发了更多新供应商,使店内商品组合保持新鲜,为客户带来独特的寻宝体验 [31] - 公司拥有高度专业化的全球团队,是公司成功的关键因素之一 [32][33][34] 管理层对经营环境和未来前景的评论 - 公司相信其灵活的商业模式和价值主导地位将支撑其未来长期增长 [26][38][39] - 公司有信心能够持续吸引新的Z世代和千禧一代顾客,这对未来增长很有利 [27] - 公司相信即使在当前的消费环境下,其定位和营销也将持续为消费者带来价值 [38] 问答环节重要的提问和回答 问题1 **Matthew Boss 提问** 询问市场份额增长的驱动因素,以及对未来增长的信心 [52][53] **Ernie Herrman 回答** - 公司的增长在各个品类都比较均衡,没有单一品类拉动 - 公司相信其独特的寻宝购物体验和覆盖各收入层次的商品组合是未来增长的关键 [54][55][57][58][59][60][61] 问题2 **Lorraine Hutchinson 提问** 询问是否吸引到更年轻客户,以及是否看到高收入客户的降级 [74][75] **John Klinger 回答** - 公司确实在吸引到更多年轻客户,但公司的客户群在收入水平上保持平衡,没有明显的高收入客户降级迹象 [76][77][78] 问题3 **Brooke Roach 提问** 询问HomeGoods业务的前景及利润空间 [82][83] **John Klinger 和 Ernie Herrman 回答** - 公司对HomeGoods业务保持信心,将继续通过提供更多日用品等刺激重复购买来推动增长 [84][85][86][87][88][89][90]

Key PointsTJX Companies had a solid quarter, outperforming the bottom line and raising profit guidance.All segments produced growth and contributed to the strength. The trend in analysts' sentiment is positive, leading the market to a new high. 5 stocks we like better than TJX CompaniesTJX Companies NYSE: TJX industry-leading position in off-price retail and quality operations will soon lead its stock price to new heights. Like Walmart NYSE: WMT, TJX Companies benefits from the high inflation and interest r ...

TJX Companies (TJX) stock jumped higher Wednesday after the off-price retailer beat sales and earnings expectations for its fiscal first quarter and raised its outlook for the full year.In the thirteen weeks ended May 4, the parent company of TJ Maxx, Marshalls, HomeGoods, Homesense and Sierra saw revenue increase 5.9% year-over-year to $12.5 billion. Earnings per share (EPS) were up 22.4% from the year prior to 93 cents."I am very pleased with our first-quarter performance," TJX CEO Ernie Herrman said in a ...

Key TakeawaysTJX beat quarterly profit estimates and raised its outlook as shoppers seeking lower prices drove up sales.Comparable store sales were up at all of the company's divisions, driven entirely by customer transactions.The news sent TJX shares to an all-time high Wednesday. TJX Companies (TJX) shares soared to a record high Wednesday as the discount clothing and home goods retailer reported better-than-expected quarterly profit and boosted its guidance as comparable store sales advanced across all i ...

The TJX Companies, Inc. (TJX) began fiscal 2025 on a strong note, with the first-quarter top and bottom lines increasing year over year and earnings easily surpassing the Zacks Consensus Estimate.The company has been focused on offering consumers attractive deals on popular brands and fashions. TJX witnessed comp sales growth across all segments, completely due to customer transactions, highlighting its solid value proposition. This performance bolsters management’s confidence in the ability to capture mark ...

TJX (TJX) reported $12.48 billion in revenue for the quarter ended April 2024, representing a year-over-year increase of 5.9%. EPS of $0.93 for the same period compares to $0.76 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $12.48 billion, representing a surprise of -0.01%. The company delivered an EPS surprise of +6.90%, with the consensus EPS estimate being $0.87.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expec ...

TJX (TJX) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.76 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.90%. A quarter ago, it was expected that this parent of T.J. Maxx, Marshalls and other stores would post earnings of $1.12 per share when it actually produced earnings of $1.12, delivering no surprise.Over the last four quart ...

净销售额及利润 - 第一季度FY25，TJX公司的净销售额为125亿美元，同比增长6%[1] - TJX公司第一季度的税前利润率为11.1%，较去年同期提高0.8个百分点[7] - TJX公司2024年第一季度净销售额为124.79亿美元，较上年同期增长4.9%[19] - TJX公司2024年第一季度净利润为10.7亿美元，较上年同期增长20.1%[19] 每股收益 - 第一季度FY25，TJX公司的每股稀释收益为0.93美元，同比增长22%[2] - TJX公司2024年第一季度每股稀释收益为0.93美元，较上年同期增长22.4%[19] 可比店铺销售 - TJX公司第一季度的可比店铺销售增长3%，主要由客户交易增加驱动[3] - TJX公司计划第二季度的可比店铺销售增长2%至3%[10] 财务指标 - TJX公司第一季度的毛利率为30.0%，较去年同期提高1.1个百分点[7] - TJX公司第一季度的SG&A成本占销售额的比例为19.2%，较去年同期增加0.2个百分点[7] 现金流及股东回报 - TJX公司第一季度的现金流为7.37亿美元，季末现金余额为51亿美元[9] - TJX公司2024年第一季度现金及现金等价物为50.59亿美元，较上年同期略有下降[21] - TJX公司2024年第一季度向股东返还了8.86亿美元，其中包括回购5.3万股普通股和支付3.77亿美元的股息[23] 展望 - TJX公司计划第二季度的税前利润率为10.4%至10.5%，每股稀释收益为0.88至0.90美元[10] - TJX公司提高了FY25的税前利润率展望至11.0%至11.1%，每股稀释收益展望为4.03至4.09美元[11]

Investors interested in Retail - Discount Stores stocks are likely familiar with TJX (TJX) and Costco (COST) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, whil ...