Earnings call: TJX Companies sees robust growth and expansion plans By Investing.com ...Middle East

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Earnings call: TJX Companies sees robust growth and expansion plans By Investing.com
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© Reuters. The TJX Companies, Inc. (NYSE: NYSE:), a leading off-price retailer, reported a strong finish to fiscal 2023, with a 5% increase in comparable store sales and a significant milestone as annual sales exceeded $50 billion. The U.S. businesses, Marmaxx and HomeGoods, along with Canadian and international divisions, contributed to this growth. Earnings per share and profitability also saw double-digit increases. The company laid out ambitious plans for the coming year, including new store openings, store remodels, a dividend increase, and a substantial stock buyback program. TJX is optimistic about its market share growth, particularly in the home goods sector, and sees opportu

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