TJX Companies Inc
TJX: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|J! | LOCK|C<% | LOCK|QP@B$%% |
TJX Earnings: Merchandise Margins Expand Amid Bloated Wholesale Market; Shares Pricey
TJX's fourth-quarter results included 8.5% net sales growth and adjusted EPS of $1.43. Gross margin expanded 40 basis points to 30.9%, reflecting merchandise margin gains and continued shrink improvement, while every division saw comparable sales growth of at least 4%.
