TJX Cos Aktie News

Buy rating for TJX Companies stock due to conservative FY25 guidance and potential for exceeding targets. Strong consumer spending and improving macro-outlook suggest positive outlook for FY25. Healthy balance sheet allows for share buybacks and potential EPS growth.

FRAMINGHAM, Mass.--(BUSINESS WIRE)--The TJX Companies, Inc. (NYSE: TJX) today announced that its Board of Directors has raised the amount of its quarterly dividend by 13% from the last dividend paid. The Board declared a regular quarterly dividend in the amount of $.375 per share, payable June 6, 2024, to shareholders of record on May 16, 2024. Ernie Herrman, Chief Executive Officer and Preside...

Macy's closures of about 150 stores could put up to $2 billion in annual sales up for grabs for other retailers.

Some of the biggest clothing and department-store chains rely on their own private-label credit cards to cushion their bottom lines. Those cards, often laden with incentives, keep shoppers coming back, and give retailers reams of consumer data that feed ever more persistent marketing efforts.

Among publicly traded securities, so-called socially responsible stocks may be one of the most controversial categories. Basically, an underlying assumption exists that if you support sustainable policies, you sacrifice profitability.

The company offers men's and women's sportswear and related products under the Tommy Bahama brand; Women's and girl's dresses and sportswear, scarves, bags, jewelry, and belts, as well as children's apparel, swim, footwear, and licensed products under the Lilly Pulitzer brand; and Men, women, and kids products under the Southern Tide brand.

Strength in Ollie's Bargain Outlet NASDAQ: OLLI results, including market-leading growth and broader margins, suggests this stock is a buy on post-release weakness. Nothing in the report was bad, but strength was expected, so a sell-the-news event caused a marginal reduction in the price.

Watch for robust earnings growth at big techs such as Meta Platforms Inc. NASDAQ: META, Nvidia Corp. NASDAQ: NVDA, Microsoft Corp. NASDAQ: MSFT and Apple Inc. NASDAQ: AAPL to increase the rate of share buybacks this year, says a recent report from Goldman Sachs.