109.71 0.00 (0.00%)
Pre-market: 8:19AM EDT
|Bid||109.51 x 800|
|Ask||110.98 x 34100|
|Day's range||109.43 - 110.69|
|52-week range||66.44 - 111.91|
|PE ratio (TTM)||23.46|
|Earnings date||20 Nov 2018|
|Forward dividend & yield||1.56 (1.43%)|
|1y target est||113.71|
Microsoft, MercadoLibre, Target, Burlington Stores and TJX highlighted as Zacks Bull and Bear of the Day
Amazon (AMZN) is steadily changing minds. Apparel retailer J.Crew has now joined the growing list of big-name retailers lining up to sell their items on Amazon’s online marketplace. It once rejected the idea of listing products on Amazon’s platform. But times have changed, and understanding seems to have gotten better. And maybe J.Crew is betting that the potential benefits of selling on Amazon will outweigh the risks of doing so since Amazon is currently its competitor in the apparel retail business.
TJX Companies' (TJX) comparable store sales have been gaining from continued rise in consumer traffic and strong merchandising policies.
Dollar General's (DG) shares touched a 52-week high, driven by solid comparable-store sales growth and store expansion initiatives.
Burlington Stores' operating margin rose again in the second quarter as the company's efforts to improve inventory management and downsize to smaller stores continue to pay off.
The second quarter was a good period for most retail stores. From discount stores such as DSW (DSW) and TJ Maxx (TJX) to luxury retailers such as Tiffany & Co (TIF) and Nordstrom (JWN), strong Q2 earnings were aplenty.
TJX Companies (TJX) has been reporting positive comparable store sales for a while now, buoyed by its solid initiatives to attract traffic.
The size of The TJX Companies Inc (NYSE:TJX), a US$66.12b large-cap, often attracts investors seeking a reliable investment in the stock market. One reason being its ‘too big to fail’Read More...
TJX Companies (TJX) exceeded analysts’ earnings expectations in eight of the past ten quarters. In the second fiscal quarter of 2019, which ended on August 4, the company reported an EPS of $1.17. The EPS grew 37.6% on a year-over-year basis. The company exceeded analysts’ expectation of $1.05. Excluding the impact of a $0.18 benefit resulting from the Tax Cuts and Jobs Act of 2017, the company’s EPS grew 16.5% to $0.99 in the second fiscal quarter.
Ross Stores (ROST) stock fell over 5% in after-hours trading on August 23 following weak guidance despite strong results for the second quarter of fiscal 2018. The quarter ended on August 4. The company’s stock was down 7.1% as of 5:34 AM EST in pre-market hours on August 24.
Comp sales growth accelerated, and year-over-year EPS growth remained well above 20% at Ross Stores last quarter. But some investors were expecting even better things.
TJX Companies’ (TJX) gross margin increased by 40 basis points on a year-over-year basis to ~28.9% in the second fiscal quarter of 2019, which ended on August 4. The favorable impact of the higher gross margin was more than offset by higher SG&A (selling, general, and administrative) expenses.
TJX Companies (TJX) generated double-digit sales growth in its TJX Canada and TJX International segments in the second fiscal quarter of 2019, which ended on August 4. At the end of the second fiscal quarter of 2019, the TJX Canada segment operated 270 Winners stores, 120 HomeSense stores, and 79 Marshalls stores. The company’s TJX International segment included 552 T.K. Maxx stores and 61 HomeSense stores in Europe and 42 T.K. Maxx stores in Australia.
TJX Companies’ (TJX) sales grew 11.6% to $9.3 billion in the second fiscal quarter of 2019, which ended on August 4. The company’s second fiscal quarter sales beat analysts’ expectation of $9.0 billion. TJX Companies’ same-store sales grew 6% in the second fiscal quarter, which was double the 3% growth in the second fiscal quarter of 2018. Higher consumer traffic in all of the company’s divisions boosted the top-line growth during the quarter. TJX Companies experienced higher consumer traffic for the 16th consecutive quarter.