TJ Maxx CEO says company could benefit from Trump's proposed tariffs
TJX(TJX) Fox Business·2024-11-23 02:26
Retailers and industry trade groups are sounding the alarm about how President-elect Donald Trump's proposed tariffs could lead to higher prices. However, officials from TJ Maxx's parent company have a different take, saying the discount retailer may actually benefit. TJX Companies Inc. CEO Ernie Herrman said on an earnings call with analysts on Wednesday that when there is "chaos" in the market, it usually presents an "opportunity for us."His comment was in reference to a question about whether tariffs co ...