Company profile

Ticker
TJX
Exchange
Website
CEO
Ernie L. Herrman
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
42207613

TJX stock data

(
)

Calendar

21 May 20
6 Jul 20
1 Feb 21

News

Company financial data Financial data

Quarter (USD) May 20 Feb 20 Nov 19 Aug 19
Revenue 4.41B 12.21B 10.45B 9.78B
Net income -887.49M 984.79M 828.26M 758.96M
Diluted EPS -0.74 0.81 0.68 0.62
Net profit margin -20.13% 8.07% 7.92% 7.76%
Net change in cash 1.07B 1.16B -126.21M -48.67M
Cash on hand 4.29B 3.22B 2.06B 2.19B
Cost of revenue 4.41B 8.74B 7.44B 7.03B
Annual (USD) Feb 20 Feb 19 Feb 18 Jan 17
Revenue 41.72B 38.97B 35.86B 33.18B
Net income 3.27B 3.06B 2.61B 2.3B
Diluted EPS 2.67 2.43 2.02 1.73
Net profit margin 7.84% 7.85% 7.27% 6.93%
Operating income 4.76B 4.4B 4.26B
Net change in cash 186.52M 271.75M -171.37M 834.38M
Cash on hand 3.22B 3.03B 2.76B 2.93B
Cost of revenue 29.85B 27.83B 25.5B 23.57B

Financial data from company earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
9 Jun 20 Hines Michael F Deferred Stock Units Common Stock Grant Aquire A No 0 640.72 0 54,375.03
9 Jun 20 Obrien John F Common Stock Option exercise Aquire M No 0 1,598 0 127,911
9 Jun 20 Obrien John F Deferred Stock Units Common Stock Grant Aquire A No 0 142.68 0 13,283.3
9 Jun 20 Obrien John F Deferred Stock Units Common Stock Grant Aquire A No 0 1,511.38 0 13,140.62
9 Jun 20 Obrien John F Deferred Stock Units Common Stock Grant Aquire A No 0 1,328.83 0 111,149.13
9 Jun 20 Obrien John F Deferred Stock Units Common Stock Grant Aquire A No 0 1,511.38 0 109,820.3
9 Jun 20 Nemerov Jackwyn Deferred Stock Units Common Stock Grant Aquire A No 0 81.31 0 8,220.39
9 Jun 20 Nemerov Jackwyn Deferred Stock Units Common Stock Grant Aquire A No 0 1,511.38 0 8,139.08
9 Jun 20 Nemerov Jackwyn Deferred Stock Units Common Stock Grant Aquire A No 0 81.31 0 8,220.39
9 Jun 20 Nemerov Jackwyn Deferred Stock Units Common Stock Grant Aquire A No 0 1,511.38 0 8,139.08
89.4% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 1380 1471 -6.2%
Opened positions 125 216 -42.1%
Closed positions 216 84 +157.1%
Increased positions 492 517 -4.8%
Reduced positions 591 531 +11.3%
13F shares
Current Prev Q Change
Total value 672.64B 878.47B -23.4%
Total shares 1.07B 1.08B -0.5%
Total puts 3.26M 3.44M -5.3%
Total calls 4.42M 3.39M +30.5%
Total put/call ratio 0.7 1.0 -27.4%
Largest owners
Shares Value Change
Vanguard 101.39M $4.85B +2.4%
BLK BlackRock 92.84M $4.44B +4.7%
Wellington Management 80.81M $3.86B +20.5%
STT State Street 56.75M $2.71B -1.2%
FMR 39.77M $1.9B -19.5%
BK Bank Of New York Mellon 30.44M $1.46B -1.8%
Geode Capital Management 18.26M $871.49M +4.9%
Alliancebernstein 18.22M $871.21M +7.7%
BAC Bank of America 17.42M $832.84M -6.7%
RY Royal Bank of Canada 16.92M $808.94M +8.2%
Largest transactions
Shares Bought/sold Change
Wellington Management 80.81M +13.75M +20.5%
Norges Bank 0 -12.93M EXIT
Capital Research Global Investors 12.29M +10.24M +498.7%
FMR 39.77M -9.64M -19.5%
Charles Schwab Investment Management 12.22M +6.64M +119.2%
Charles Schwab Investment Advisory 0 -6.61M EXIT
Vontobel Asset Management 0 -5.31M EXIT
Provident Trust 0 -5.11M EXIT
Nuveen Asset Management 10.6M +4.8M +82.8%
BLK BlackRock 92.84M +4.19M +4.7%

Financial report summary

?
Competition
Citi TrendsAscena Retail
Risks
  • Failure to execute our opportunistic buying strategy and inventory management could adversely affect our results.
  • Failure to continue to expand our business and operations successfully or to manage our substantial size and scale effectively could adversely affect our financial results.
  • Failure to identify consumer trends and preferences, or to otherwise meet customer demand, in new or existing markets or channels could negatively impact our performance.
  • If we fail to successfully implement our various marketing efforts or if our competitors’ programs are more effective than ours, our revenue or results of operations may be adversely affected.
  • We operate in highly competitive markets, and we may not be able to compete effectively.
  • Economic conditions, on a global level or in particular markets, may adversely affect our financial performance.
  • Our business may be materially and adversely affected by the ongoing COVID-19 pandemic.
  • Failure to employ quality Associates in appropriate numbers and to retain key Associates and management could adversely affect our performance.
  • Compromises of our data security, disruptions in our information technology systems, or failure to satisfy the information technology needs of our business could result in material loss or liability, materially impact our operating results or materially harm our reputation.
  • Damage to our corporate reputation or those of our retail banners could adversely affect our sales and operating results.
  • Quality, safety or other issues with merchandise we buy and sell could damage our reputation, sales and financial results.
  • Failure to comply with laws, rules, regulations and orders and applicable accounting principles and interpretations could negatively affect our business operations and financial performance.
  • Our expanding international operations expose us to risks inherent in operating in new countries.
  • We are subject to risks associated with sourcing merchandise from others, particularly where sourcing from other countries and moving merchandise internationally.
  • Our results may be adversely affected by reduced availability of, or increases in, the price of oil or other fuels, increased costs of other commodities, or other increases in utility, transportation or logistics costs.
  • Fluctuations in currency exchange rates may lead to lower revenues and earnings.
  • Our quarterly operating results fluctuate and may fall short of prior periods, our projections or the expectations of securities analysts or investors, which could adversely affect our stock price.
  • If we engage in mergers or acquisitions or investments in new businesses, or divest, close or consolidate any of our current businesses, our business will be subject to additional risks.
  • Our results may be materially adversely affected by the outcomes of litigation, legal proceedings and other legal or regulatory matters.
  • As our business is subject to seasonal influences, a decrease in sales or margins, a severe disruption or other significant event that impacts our business during the second half of the year could have a disproportionately adverse effect on our operating results.
  • We depend upon strong cash flows from our operations to supply capital to fund our operations, growth, stock repurchases and dividends and interest and debt repayment.
  • Failure to protect our inventory or other assets from loss and theft may impact our financial results.
  • Tax matters could adversely affect our results of operations and financial condition.
  • Our real estate leases generally obligate us for long periods, which subjects us to financial risks.
Management Discussion
  • As a result of the COVID-19 pandemic, our stores, e-commerce businesses and distribution centers were closed for nearly half of the first quarter of fiscal 2021. In addition to lost revenues, we continued to pay wages and provide benefits to our Associates, and we also incurred higher expenses due to inventory write-down costs and fulfillment of certain vendor commitments. This resulted in operating losses at each of our divisions. As a result, comparisons of expense ratios and year-over-year trends are not a meaningful way to discuss our operating results this quarter.
  • –Net sales decreased 52% to $4.4 billion for the first quarter of fiscal 2021 versus last year’s first quarter of fiscal 2020 sales of $9.3 billion. As of May 2, 2020, the number of stores in operation increased 4% (including stores that were temporarily closed due to COVID-19) and selling square footage increased 3% compared to the end of the fiscal 2020 first quarter.
  • –Diluted (loss) earnings per share for the first quarter of fiscal 2021 were $(0.74) versus $0.57 in the first quarter of fiscal 2020.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
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