Formerly called
|
Zayre Corp. |
---|---|
Type
|
Public |
Traded as |
|
Industry | Retail |
Founded | 1957 (1957) in Hyannis, Massachusetts, US (as Zayre) 1962 (1962) (as Zayre Corp.) 1987 (1987) (as TJX) |
Founder | Bernard Cammarata |
Headquarters | Framingham, Massachusetts, US |
Products |
|
Revenue | US$ 33.184 billion (2016) |
Operating income
|
US$ 3.75 billion (2016) |
Profit | US$ 2.298 billion (2016) |
Total assets | US$ 12.884 billion (2016) |
Total equity | US$ 4.51 billion (2016) |
Number of employees
|
235,000 (2017) |
Divisions |
|
Website | www |
Footnotes / references |
The TJX Companies, Inc. (NYSE: TJX), is an American apparel and home goods company based in Framingham, Massachusetts. It claims to be the largest international apparel and home fashions off-price department store chain in the United States. The company evolved from the Zayre discount department store chain, founded in 1956, which opened its first branch of T.J.Maxx in 1976 and its first BJ's Wholesale Club in 1984. In 1988, Zayre sold its nameplate to rival Ames, and T.J.Maxx was renamed "The TJX Companies, Inc.".
Ernie Herrman serves as company CEO since January 31, 2016. The corporate headquarters are located at 770 Cochituate Road in Framingham, Massachusetts.
Stanley Feldberg was one of the 1956 founders of Zayre Corp. He served as president of the company until 1978, and afterwards remained on the Board of Directors, until he retired in 1989. Once the company had sold off the "Zayre" name, the company consisted of its one core remaining store brand, T.J.Maxx. The next year, in 1990, TJX expanded into an additional store brand division, and at the same time it first went international, as it entered the Canadian market by acquiring the five-store Winners chain. Two years later, it launched its third brand, HomeGoods, in the United States. TJX's expansion beyond North America came in 1994, when the fourth brand division, T.K. Maxx, was founded in the United Kingdom, and then expanded into Ireland.
In 1995, TJX doubled in size when it acquired Marshalls, its fifth brand. T.J.Maxx and Marshalls later became consolidated as two brands under a single division, The Marmaxx Group. The following year, TJX Companies Inc. was added to the Standard & Poor's S&P 500 Composite Index, which consists of 500 of the largest companies in the United States.
TJX launched a sixth brand, A.J. Wright, in 1998 in the eastern U.S. The brand went national in 2004 when it opened its first stores in California on the west coast. The company's seventh brand division, HomeSense, formed in 2001, was a Canadian brand modeled after the existing US brand, HomeGoods.
In 2002, TJX revenue reached almost $12 billion. In mid-2003, TJX acquired an eighth brand division, Bob's Stores, concentrated in New England. In Canada, TJX began to configure some Winners and HomeSense stores side-by-side as superstores. The superstores feature open passageways between them, with dual branding. TJX's revenue in 2003 reached over $13 billion. TJX began to test the side-by-side superstore model in the United States in 2004, combining some of each of the two Marmaxx brand stores with HomeGoods. The company reached 141st position in the 2004 Fortune 500 rankings, with almost $15 billion in revenue. That year was also marked by the death of retired Zayre founder Stanley Feldberg.
In April 2008, TJX launched the HomeSense brand in the UK, with six stores opening throughout May. The brand is more upmarket than its Canadian namesake. Later that year, in August, TJX sold Bob's Stores to Versa Capital Management and Crystal Capital.
In December 2010, TJX announced that the A.J. Wright stores would be closed, cutting about 4,400 jobs, and that more than half of them would reopen under other company brands.
In July 2015, TJX acquired the Trade Secret and Home Secret off-price retail businesses from Australian company Gazal Corporation Limited. The deal will be completed December 2015.
On January 17, 2007, TJX announced that it was the victim of an unauthorized computer systems intrusion. It discovered in mid-December 2006 that its computer systems were compromised and customer data was stolen. The hackers accessed a system that stores data on credit card, debit card, check, and merchandise return transactions. The intrusion was kept confidential as requested by law enforcement. TJX said that it is working with General Dynamics, IBM and Deloitte to upgrade computer security.
By the end of March 2007, the number of affected customers had reached 45.7 million and has prompted credit bureaus to seek legislation requiring retailers to be responsible for compromised customer information saved in their systems. In addition to credit card numbers, personal information such as social security numbers and driver's license numbers from 451,000 customers were downloaded by the intruders. The breach was possible due to a non-secure wireless network in one of the stores.
Eleven men have been charged in the theft, and one (Damon Patrick Toey) has pleaded guilty to numerous charges related to the breach. One man, Jonathan James, professed his innocence and later committed suicide, apparently out of the belief that he was going to be indicted.
The alleged ringleader Albert Gonzalez was indicted in August 2009 with attacking Heartland Payment Systems in which 130 million records were compromised.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q3 2022 | 2022-11-15 | Future report Set alerts | |
Q1 2023 | 2022-08-17 | Future report Set alerts | |
Q2 2022 | 2022-08-17 | 0.69 | 0.69 |
Q4 2022 | 2022-02-23 | 0.78 | 0.78 |
Q1 2022 | 2021-05-19 | 0.44 | 0.44 |
Q4 2021 | 2021-02-24 | 0.50 | 0.50 |
Q3 2021 | 2020-11-18 | 0.71 | 0.71 |
Q2 2021 | 2020-08-19 | -0.18 | -0.18 |
Q1 2021 | 2020-05-21 | -0.74 | -0.74 |
Q4 2020 | 2020-02-26 | 0.81 | 0.81 |
2016-06-30 | Reiterated Rating | BMO Capital Markets | Outperform | $85.00 |
2016-06-27 | Reiterated Rating | Wells Fargo | Buy | |
2016-06-27 | Reiterated Rating | Wells Fargo & Co. | Buy | |
2016-06-24 | Initiated Coverage | Miller Tabak | Buy | $91.00 |
2016-06-14 | Reiterated Rating | Deutsche Bank | Buy | |
2016-06-14 | Reiterated Rating | Deutsche Bank AG | Buy | |
2016-05-19 | Reiterated Rating | MKM Partners | Buy | $83.00 |
2016-05-19 | Reiterated Rating | Deutsche Bank | Buy | $83.00 |
2016-05-18 | Boost Price Target | Sanford C. Bernstein | Outperform | $82.00 to $83.00 |
2016-05-18 | Boost Price Target | RBC Capital | Outperform | $82.00 to $84.00 |
2016-05-18 | Boost Price Target | Royal Bank Of Canada | Outperform | $82.00 to $84.00 |
2016-05-17 | Reiterated Rating | Stifel Nicolaus | Buy | $85.00 |
2016-05-17 | Reiterated Rating | Citigroup Inc. | Buy | $88.00 |
2016-04-14 | Reiterated Rating | Deutsche Bank | Buy | |
2016-04-06 | Reiterated Rating | Deutsche Bank | Buy | |
2016-03-14 | Boost Price Target | Cowen and Company | Outperform | $85.00 to $87.00 |
2016-03-11 | Reiterated Rating | Goldman Sachs | Buy | |
2016-03-11 | Reiterated Rating | Goldman Sachs Group Inc. | Buy | |
2016-03-06 | Reiterated Rating | Deutsche Bank | Buy | |
2016-03-04 | Reiterated Rating | Citigroup Inc. | Buy to Neutral | |
2016-02-25 | Reiterated Rating | Deutsche Bank | Buy | $83.00 to $82.00 |
2016-02-25 | Lower Price Target | Wedbush | Outperform | $80.00 to $79.00 |
2016-02-25 | Lower Price Target | Telsey Advisory Group | Market Perform | $79.00 to $78.00 |
2016-02-25 | Lower Price Target | Wolfe Research | Outperform | $82.00 to $80.00 |
2016-02-24 | Reiterated Rating | Cowen and Company | Outperform | $75.00 to $85.00 |
2016-02-24 | Reiterated Rating | Stifel Nicolaus | Buy | $85.00 |
2016-02-10 | Upgrade | Buckingham Research | Neutral to Buy | $84.00 |
2016-02-02 | Upgrade | BMO Capital Markets | Market Perform to Outperform | $72.00 to $85.00 |
2016-02-02 | Initiated Coverage | Wolfe Research | Outperform | $82.00 |
2016-02-02 | Reiterated Rating | BB&T Corp. | Buy | |
2016-01-21 | Lower Price Target | Goldman Sachs | $83.00 to $82.00 | |
2016-01-12 | Reiterated Rating | Nomura | Buy | |
2016-01-12 | Reiterated Rating | Nomura Holdings Inc. | Buy | |
2016-01-07 | Reiterated Rating | Deutsche Bank | Buy | $83.00 |
2015-12-17 | Initiated Coverage | BB&T Corp. | Positive to Buy | $86.00 to $86.00 |
2015-11-19 | Reiterated Rating | William Blair | Outperform | |
2015-11-18 | Lower Price Target | Cantor Fitzgerald | Hold | $71.00 to $68.00 |
2015-11-18 | Lower Price Target | Buckingham Research | Neutral | $80.00 to $73.00 |
2015-11-18 | Reiterated Rating | Wedbush | Buy | $80.00 |
2015-11-18 | Reiterated Rating | Deutsche Bank | Buy | $87.00 to $83.00 |
2015-11-17 | Reiterated Rating | Cowen and Company | Positive to Buy | $85.00 to $75.00 |
2015-11-17 | Reiterated Rating | Stifel Nicolaus | Buy | $85.00 |
2015-11-14 | Lower Price Target | Sanford C. Bernstein | Outperform | $83.00 to $81.00 |
2015-11-06 | Initiated Coverage | RBC Capital | Outperform | $82.00 |
2015-10-22 | Initiated Coverage | Wells Fargo | Outperform | |
2015-10-21 | Reiterated Rating | Stifel Nicolaus | Buy | |
2015-10-12 | Reiterated Rating | William Blair | Outperform | |
2015-10-09 | Reiterated Rating | Stifel Nicolaus | Buy | $85.00 |
2015-10-09 | Reiterated Rating | Wedbush | Outperform | $80.00 |
2015-10-07 | Initiated Coverage | Citigroup Inc. | Buy | $88.00 |
2015-09-17 | Upgrade | MKM Partners | Neutral to Buy | $74.00 to $83.00 |
2015-08-19 | Boost Price Target | SunTrust | Buy | $80.00 to $90.00 |
2015-08-19 | Reiterated Rating | S&P Equity Research | Buy | $85.00 |
2015-08-19 | Boost Price Target | Nomura | Buy | $75.00 to $85.00 |
2015-08-19 | Boost Price Target | Deutsche Bank | Buy | $76.00 to $87.00 |
2015-08-19 | Boost Price Target | BMO Capital Markets | Market Perform | $67.00 to $72.00 |
2015-08-19 | Boost Price Target | Sanford C. Bernstein | Outperform | $81.00 to $83.00 |
2015-08-19 | Reiterated Rating | Cantor Fitzgerald | Hold | $71.00 |
2015-08-19 | Boost Price Target | MKM Partners | Neutral | $68.00 to $74.00 |
2015-08-19 | Boost Price Target | Buckingham Research | Neutral | $72.00 to $80.00 |
2015-08-19 | Reiterated Rating | Cowen and Company | Buy | $80.00 to $85.00 |
2015-08-19 | Reiterated Rating | Telsey Advisory Group | Market Perform | $73.00 to $82.00 |
2015-08-19 | Boost Price Target | SunTrust Banks Inc. | Buy | $80.00 to $90.00 |
2015-08-18 | Reiterated Rating | Stifel Nicolaus | Buy | $78.00 |
2015-08-10 | Boost Price Target | JPMorgan Chase & Co. | Overweight | $75.00 to $81.00 |
2015-05-23 | Reiterated Rating | Sanford C. Bernstein | Outperform | $80.00 to $81.00 |
2015-05-20 | Reiterated Rating | Cantor Fitzgerald | Hold | $64.00 |
2015-05-20 | Boost Price Target | FBR & Co. | Outperform | $71.00 to $75.00 |
2015-05-20 | Boost Price Target | FBR & Co | Outperform | $71.00 to $75.00 |
2015-05-19 | Set Price Target | Stifel Nicolaus | Buy | $78.00 |
2015-05-19 | Reiterated Rating | Wedbush | Outperform | $76.00 to $80.00 |
2015-05-14 | Reiterated Rating | Telsey Advisory Group | Market Perform | $73.00 |
2015-04-20 | Initiated Coverage | Cantor Fitzgerald | Hold | $66.00 |
2015-03-30 | Reiterated Rating | Deutsche Bank | Buy | |
2015-02-26 | Reiterated Rating | Deutsche Bank | Buy | $74.00 to $76.00 |
2015-02-26 | Reiterated Rating | MKM Partners | Buy to Neutral | $74.00 to $68.00 |
2015-02-26 | Boost Price Target | FBR & Co. | Outperform | $68.00 to $71.00 |
2015-02-03 | Initiated Coverage | Guggenheim | Buy | $79.00 |
2015-01-15 | Initiated Coverage | Sanford C. Bernstein | Outperform | |
2015-01-07 | Downgrade | Telsey Advisory Group | Outperform to Market Perform | $68.00 to $73.00 |
2014-12-16 | Initiated Coverage | Cowen and Company | Outperform | |
2014-12-03 | Upgrade | Goldman Sachs | Neutral to Buy | $71.00 to $77.00 |
2014-11-25 | Upgrade | JPMorgan Chase & Co. | Neutral to Overweight | $63.00 to $75.00 |
2014-11-19 | Boost Price Target | MKM Partners | Buy | $64.00 to $68.00 |
2014-11-19 | Reiterated Rating | S&P Equity Research | Buy | |
2014-11-19 | Reiterated Rating | Sterne Agee CRT | Neutral | $58.00 to $60.00 |
2014-11-19 | Reiterated Rating | Morgan Stanley | Equal Weight | $66.00 |
2014-11-19 | Boost Price Target | FBR & Co. | Outperform | $64.00 to $68.00 |
2014-11-18 | Reiterated Rating | Stifel Nicolaus | Buy | |
2014-11-14 | Downgrade | Canaccord Genuity | Hold to Sell | $54.00 to $58.00 |
2014-11-03 | Upgrade | Wedbush | Neutral to Outperform | $63.00 to $68.00 |
2014-10-22 | Downgrade | Northcoast Research | Buy to Neutral | |
2014-08-20 | Boost Price Target | MKM Partners | Buy | $63.00 to $64.00 |
2014-08-20 | Reiterated Rating | Deutsche Bank | Buy | $62.00 to $68.00 |
2014-07-23 | Upgrade | Northcoast Research | Neutral to Buy | $62.00 |
2014-07-16 | Lower Price Target | Sterne Agee CRT | $65.00 to $56.00 | |
2014-05-23 | Reiterated Rating | JPMorgan Chase & Co. | Neutral | $65.00 to $63.00 |
2014-05-22 | Lower Price Target | Buckingham Research | $64.00 to $60.00 | |
2014-05-21 | Reiterated Rating | Nomura | Buy | $67.00 to $65.00 |
2014-05-21 | Reiterated Rating | Deutsche Bank | Buy | $69.00 to $62.00 |
2014-05-21 | Lower Price Target | MKM Partners | Buy | $68.00 to $63.00 |
2014-05-21 | Lower Price Target | RBC Capital | Outperform | $67.00 to $66.00 |
2014-05-21 | Upgrade | SunTrust | Neutral to Buy | $65.00 |
2014-05-21 | Lower Price Target | FBR & Co. | Outperform | $69.00 to $64.00 |
2014-02-27 | Initiated Coverage | Wedbush | Neutral | $63.00 |
2014-02-26 | Lower Price Target | Canaccord Genuity | Hold | $59.00 to $54.00 |
2014-02-12 | Initiated Coverage | Nomura | Buy | $67.00 |
2014-01-21 | Downgrade | Sterne Agee CRT | Buy to Neutral | $68.00 to $66.00 |
2013-12-09 | Reiterated Rating | Deutsche Bank | Buy | $66.00 to $69.00 |
2013-12-09 | Initiated Coverage | Atlantic Securities | Overweight | |
2013-11-20 | Reiterated | FBR Capital | Outperform | $65 to $69 |
2013-11-20 | Boost Price Target | Stifel Nicolaus | Buy | $65.00 to $72.00 |
2013-11-20 | Boost Price Target | Sterne Agee CRT | Buy | $68.00 |
2013-11-20 | Boost Price Target | RBC Capital | Outperform | $64.00 to $67.00 |
2013-11-20 | Boost Price Target | Jefferies Group | Hold | $55.00 to $60.00 |
2013-11-20 | Boost Price Target | Canaccord Genuity | Hold | $55.00 to $59.00 |
2013-11-20 | Boost Price Target | BMO Capital Markets | Market Perform | $52.00 to $60.00 |
2013-11-20 | Reiterated Rating | Lazard Capital Markets | Buy | $66.00 |
2013-11-20 | Reiterated Rating | Goldman Sachs | Neutral | $64.00 to $67.00 |
2013-11-20 | Boost Price Target | Telsey Advisory Group | Not Rated | $65.00 to $68.00 |
2013-11-20 | Boost Price Target | FBR & Co. | Outperform | $65.00 to $69.00 |
2013-10-23 | Boost Price Target | Lazard Capital Markets | Buy | $62.00 to $66.00 |
2013-10-23 | Boost Price Target | MKM Partners | $61.00 to $66.00 | |
2013-10-23 | Boost Price Target | Canaccord Genuity | Hold | $50.00 to $55.00 |
2013-10-22 | Boost Price Target | RBC Capital | Outperform | $60.00 to $64.00 |
2013-10-22 | Boost Price Target | Stifel Nicolaus | Buy | $62.00 to $65.00 |
2013-10-15 | Reiterated Rating | Cowen and Company | Buy | $62.00 |
2013-10-15 | Boost Price Target | Deutsche Bank | Buy | $60.00 to $62.00 |
2013-09-27 | Reiterated Rating | RBC Capital | Buy | $60.00 |
2013-09-27 | Boost Price Target | Cowen and Company | Outperform | $59.00 to $62.00 |
2013-08-21 | Reiterated | MKM Partners | Buy | $57 to $61 |
2013-05-22 | Reiterated | MKM Partners | Buy | $54 to $57 |
2013-03-12 | Initiated | Barclays | Overweight | $55 |
2016-06-30 | Reiterated Rating | BMO Capital Markets | Outperform | $85.00 |
2016-06-27 | Reiterated Rating | Wells Fargo | Buy | |
2016-06-27 | Reiterated Rating | Wells Fargo & Co. | Buy | |
2016-06-24 | Initiated Coverage | Miller Tabak | Buy | $91.00 |
2016-06-14 | Reiterated Rating | Deutsche Bank | Buy |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In TJX 1012 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
WELLINGTON MANAGEMENT CO LLP | 0.11B |
Vanguard Group, Inc | 90.73M |
BlackRock Inc. | 74.93M |
STATE STREET CORP | 45.50M |
FMR LLC | 38.89M |
JPMORGAN CHASE & CO | 25.03M |
BANK OF AMERICA CORP /DE/ | 21.69M |
GEODE CAPITAL MANAGEMENT, LLC | 20.27M |
PRICE T ROWE ASSOCIATES INC /MD/ | 19.84M |
BlackRock Institutional Trust Company, N.A. | 18.92M |
HENDERSON GROUP PLC | 16.87M |
Alecta Pensionsforsakring, Omsesidigt | 16.64M |
NORTHERN TRUST CORP | 14.23M |
PRIMECAP MANAGEMENT CO/CA/ | 14.16M |
MORGAN STANLEY | 14.15M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
Herrman Ernie President | 0.06% (401409) | TJX / |
MEYROWITZ CAROL CEO - TJX | 0.03% (219432) | SPLS / TJX / |
CAMMARATA BERNARD | 0.02% (159084) | TJX / |
NAYLOR JEFFREY G SEVP, CAO | 0.02% (132076) | DLTR / SYF / TFM / TJX / |
MacMillan Michael SEVP, Group President | 0.02% (119768) | TJX / |
Rossi Jerome R SEVP, Group President | 0.02% (118825) | ADC / TJX / |
Sherr Richard SEVP, Group President | 0.01% (92715) | TJX / |
Goldenberg Scott EVP, CFO | 0.01% (86024) | TJX / |
Canestrari Kenneth SEVP - Group President | 0.01% (85008) | TJX / |
Mizzi Douglas W. SEVP - Group President | 0.01% (64575) | TJX / |
Stutz Nan SEVP, Group President | 0.01% (63108) | TJX / |
OBRIEN JOHN F | 0.01% (61195) | CBT / LKQ / TJX / |