Latest news with #T.J.Maxx
CNBC
02-06-2025
- Business
- CNBC
Jim Cramer says TJX stock is an 'anomaly' right now — and a bargain
CNBC's Jim Cramer says shares of off-price retailer TJX are a bargain after unfairly taking a beating over the past couple weeks. "The stock got hit off one of the best quarters, and that's just not right," Jim said Monday on "Squawk on the Street." "What we're looking for is trying to find which stocks are anomalies. This one is the anomaly." TJX, the parent company of T.J. Maxx, Marshalls, and HomeGoods, beat expectations on both revenue and earnings in its first quarter of fiscal 2026. Management also reiterated its full-year guidance. Yet shares have dropped about 6% since the day before its May 21 report. Cramer has pointed out many times that this kind of post-earnings dip isn't new for TJX. Management tends to under promise with cautious guidance that underwhelms investors. But then it typically exceeds expectations when results come in. As we noted in our TJX earnings analysis at the time, the sell-off presented a buying opportunity — and still does. "The stock is still too low as far as I am concerned," Jim wrote in this week's Sunday column . TJX stands out in a retail landscape that is "mighty hard to trust" right now, he added, with its ability to cut or maintain prices even as other retailers are forced to raise them. So far this year, TJX stock is up 4.3%, way ahead of the S & P's Retail Select Industry Index , which is down 4.7%, and outperforming the S & P 500's modest 0.5% gain. As of Monday, the stock traded flat near $126 per share, still about 7% below its 52-week high of $135 made on May 20 just before earnings. TJX YTD mountain TJX stock performance YTD. TJX CEO Ernie Herrman made the company's strategy clear on the post-earnings webcast: keep prices low. Herrman stated that TJX aims to maintain a significant gap between their prices versus those at traditional retailers. He emphasized the company's ability to take advantage of the "chaos" in retail by sourcing merchandise more profitably and passing those savings on to customers is its key competitive edge. While Herrman noted "the tariff situation might make things obviously more complicated," he's confident the company can maintain its value proposition. That "chaos" Herrman described is being driven by President Donald Trump's unpredictable tariff policy marked by abrupt changes. That's creating huge uncertainty for major retailers struggling to maintain favorable pricing for consumers. Walmart warned it will have to raise prices on many items because of tariffs. Target will also resort to price increases on certain products to help offset tariff costs. Abercrombie & Fitch , Macy's and Best Buy cut their profit outlooks, while American Eagle , Canada Goose , Ross and Mattel pulled their full-year guidance. TJX is much better positioned. JPMorgan analyst Matthew Boss on Monday raised the firm's price target to $145 from $130, a 15% upside as of Monday's price, while keeping a buy rating. In the note, Boss said he had increased "confidence in continued global market share gains across categories" after meeting with the company's management team. He sees a "trifecta" of drivers in the second half of TJX's 2026 fiscal year and into fiscal 2027, including same-store sales, improving merchandise margin and better earnings flow-through. CEO Herrman's comments that industry inventory is "off the charts" also stood out to Boss. That excess supply gives TJX an advantage to scoop up high-quality goods at a deep discounts and don't have to rely on price hikes to offset tariff costs. In fact, management told Boss that the company's No.1 weapon against the current tariff backdrop is its liquidity and open-to-buy position, meaning the financial flexibility to jump on deals. TJX's scale helps here. It sources from 21,000 vendors in more than 100 countries, fueling a constant stream of merchandise and the kind of treasure hunt experience that drives store traffic and same-store sales. Jim Cramer praised the call, noting the JPMorgan analyst "has timed this push well" after the stock has taken a big hit. Looking ahead, TJX CEO Herrman said the current second quarter is already off to a strong start, focused on value, flexible and opportunistic buying that could set it up for more gains ahead. Investors like us are willing to look past the knee-jerk sell-off and stick with this long-term growth story in an unpredictable retail industry. (Jim Cramer's Charitable Trust is long TJX. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
Yahoo
26-05-2025
- Business
- Yahoo
Here's What to Know About T.J. Maxx's Memorial Day Hours
TJ Maxx really is one of the best places to shop. You can find so many high quality and designer items at discounted prices. From homewares to clothing to workout gear to everything in between, TJ Maxx has whatever you need, when you need it. If you were planning a little self-care shopping day on your day off for the upcoming Memorial Day holiday, you might have TJ Maxx as one of your stops to make. But is TJ Maxx open on Memorial Day? If so, what are their hours? Don't worry; we have you covered with the answer. Here's whether Memorial Day will be open on Memorial Day 2025 and all the other details you might need to know. If you wanted to get some quality retail therapy on Memorial Day this year, or end up needing something from the retailer last minute for a Memorial Day barbecue, you're in luck, because TJ Maxx will be open on the holiday! Feel free to head to TJ Maxx on Memorial Day to get all that you need, whether that's some new dishes to serve your guests or a new piece of artwork. TJ Maxx will run business as usual on Memorial Day 2025. Like most major retailers, this means its regular store hours, which for most locations is 9:30 AM to 9:30 PM. Do note, some locations will have different hours, so make sure you check ahead of time before you head out for your TJ Maxx shopping trip. This way, you have no chance of being disappointed when you show up to shop! Happy Memorial Day!Here's What to Know About T.J. Maxx's Memorial Day Hours first appeared on Dengarden on May 25, 2025
Mint
22-05-2025
- Health
- Mint
An influencer gained followers as she documented her weight loss. Then she revealed she was on a GLP-1
In a YouTube video titled 'Let's talk: Therapy, GLP1 & The Truth About My recent Weight Loss," influencer Janelle Rohner told followers she'd been taking a GLP-1. Influencer Janelle Rohner expanded her social-media following in recent years as she documented her weight-loss journey, sharing tricks like using bell peppers as the 'bread" for sandwiches and selling a $200 course on macronutrients along the way. But when she told followers last month that some of the recent weight loss was due to the use of a GLP-1, online commenters quickly soured on her. 'If you're in the fat loss world and taking a GLP1, you must disclose it," one commenter wrote below the YouTube video Rohner used to reveal her GLP-1 use. 'There's nothing wrong with taking one but not disclosing it WHILE SELLING FAT LOSS COURSES is slimy as hell." The situation demonstrates the double-edged nature of influencers' relationships with their audience, whose affection and trust comes with certain expectations. The incident is also another scene of GLP-1s' disruptive effect in weight-loss businesses and food marketing. In her video, which she promoted from her TikTok account with more than 5 million followers, Rohner said the message was hard for her to record. 'If you've been following me for a while, you know I've tried it all—keto, macros, workouts, lifestyle shifts—and I have always shared what's worked and what hasn't," she said. Rohner went on to say she'd been getting a lot of questions about what's changed more recently. Her answer: She had worked with a doctor over the past year to 'add a GLP-1" to her plan. 'GLP-1s are not magic, they don't change your lifestyle overnight," she added. Following a slew of negative comments, Rohner said in a TikTok video she was sorry if followers felt deceived and offered refunds to anyone who bought a class in the prior 11 months. Rohner's 'Macros 101" course, which refers to macronutrients like carbohydrates, fats and proteins, included a worksheet, access to a Facebook Group and a pre-recorded class, according to a page that was previously linked from Rohner's website. The link to the course appears to have been removed from her site. Then Rohner continued on to regular content: a high-protein copycat Disneyland Dole Whip recipe, a T.J. Maxx shopping excursion, a Harry Potter Butterbeer Flavored SkinnyPop popcorn taste test. The comments were again full of rage—with Ozempic jokes and questions about her PR strategy. 'Does it taste like fraud?" one comment on the popcorn video reads. Rohner told The Wall Street Journal that sales for her 'Macros 101" have dwindled since its creation four years ago, with fewer than 30 sales in the past year. She said she hasn't marketed the course in more than two years. Rohner said she still wholeheartedly backs the classes and continues to track macros and work out daily. 'There is no part of me that doesn't believe in those classes," she said in an email. Rohner didn't initially disclose her decision to begin taking a GLP-1 because she wasn't mentally prepared at the time to handle millions of people's opinions on her body and weight, she said, adding that in retrospect she understands she should have been more open. She also said she has given full refunds to anyone who purchased the course in the past 11 months and reached out for one. The situation has left followers and critics asking if followers could have a legal case if they had purchased the course. 'I don't really see this is a big legal problem, or a potential one," said Robert Freund, a lawyer focused on advertising and e-commerce issues. 'It's really just a PR crisis." Hannah Taylor, deputy managing partner and a partner in the advertising, marketing and public relations group at law firm Frankfurt Kurnit Klein & Selz, said proving an influencer acted fraudulently is a high bar because many jurisdictions require showing that the defendant had an intent to deceive. False advertising is typically easier to prove. Taylor said if someone had purchased the course believing that it led to Rohner's weight loss, when in fact the medicine was the cause, that could be a material omission that could subject the influencer to false advertising liability. Though social-media commenters have criticized Rohner's return to regular programming with her posts, her strategy could be wise, said Kate Stewart, an assistant professor of communications at Jacksonville State University who focuses on areas such as public relations and influencers. 'People that get canceled come back from getting canceled so quickly in 2025 that it's almost astonishing," Stewart said. Rohner might choose to make enough new content to shove down the old content and delete the mention of the GLP-1 eventually, or start making new content in a different niche, potentially focusing on being on a GLP-1, she said. But for a contingent of followers, trust with Rohner could be lost. 'As an influencer, you have to stand on your authenticity and your credibility," Stewart said. If you wait to disclose your use of a weight-loss drug, 'you've already hurt your reputation, and you've potentially hurt it past the point of recovery." Write to Megan Graham at
Yahoo
21-05-2025
- Business
- Yahoo
TJX (TJX) Q1 Earnings and Revenues Top Estimates
TJX (TJX) came out with quarterly earnings of $0.92 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $0.93 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 2.22%. A quarter ago, it was expected that this parent of T.J. Maxx, Marshalls and other stores would post earnings of $1.16 per share when it actually produced earnings of $1.23, delivering a surprise of 6.03%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. TJX , which belongs to the Zacks Retail - Discount Stores industry, posted revenues of $13.11 billion for the quarter ended April 2025, surpassing the Zacks Consensus Estimate by 0.67%. This compares to year-ago revenues of $12.48 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. TJX shares have added about 11.7% since the beginning of the year versus the S&P 500's gain of 1%. While TJX has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for TJX: favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $1.02 on $14.07 billion in revenues for the coming quarter and $4.44 on $58.84 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Retail - Discount Stores is currently in the bottom 40% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Burlington Stores (BURL), another stock in the same industry, has yet to report results for the quarter ended April 2025. The results are expected to be released on May 29. This discount retailer is expected to post quarterly earnings of $1.40 per share in its upcoming report, which represents a year-over-year change of -1.4%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Burlington Stores' revenues are expected to be $2.52 billion, up 6.9% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The TJX Companies, Inc. (TJX) : Free Stock Analysis Report Burlington Stores, Inc. (BURL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
20-05-2025
- Business
- Forbes
How Will TJX's Stock React To Its Upcoming Earnings?
The logo of The TJX Companies, Inc. is displayed on a smartphone screen. (Photo illustration by ... More) The TJX Companies stock (NYSE: TJX) is set to announce its fiscal first-quarter earnings on Wednesday, May 21, 2025, with analysts expecting earnings of 91 cents per share on revenue of $13 billion. This would indicate a 2% decrease in earnings year-over-year and a 4% increase in sales compared to last year's figures of 93 cents per share and $12.5 billion in revenue. Historically, TJX stock has risen 70% of the time after earnings announcements, showing a median one-day increase of 3.8% and a maximum observed rise of 7%. The parent company of T.J. Maxx, Marshalls, and HomeGoods has undergone substantial growth in recent years, steadily gaining market share from traditional department stores as consumers more and more pursue value-focused shopping experiences. This phenomenon has been further propelled by ongoing inflation, high interest rates, and an uncertain economic outlook. Moreover, the company pointed out that imports from China constitute only a minor segment of its supply chain, possibly reducing specific trade-related risks. Presently, TJX has a market capitalization of around $150 billion. In the last twelve months, it reported $56 billion in revenue, with $6.5 billion in operating income, and $4.9 billion in net earnings. For event-driven traders, historical trends may provide an advantage, whether by positioning prior to earnings or reacting to post-release price changes. However, if you are looking for upside with less volatility than individual stocks, the Trefis High Quality portfolio offers an alternative, having surpassed the S&P 500 and achieved returns greater than 91% since its launch. View earnings reaction history of all stocks. A few insights on one-day (1D) post-earnings returns: Additional information regarding observed 5-Day (5D) and 21-Day (21D) returns post earnings is compiled along with the statistics in the table below. TJX 1D, 5D and 21D Post Earning Returns A relatively less risky approach (though not helpful if the correlation is weak) is to analyze the correlation between short-term and medium-term returns following earnings, identify a pair with the highest correlation, and execute the suitable trade. For instance, if 1D and 5D display the highest correlation, a trader could position themselves "long" for the coming 5 days if the 1D post-earnings return is positive. Below is some correlation data based on 5-year and 3-year (recent) history. Please note that the correlation 1D_5D refers to the correlation between 1D post-earnings returns and the subsequent 5D returns. TJX Correlation Between 1D, 5D and 21D Historical Returns Learn more about Trefis RV strategy which has outperformed its all-cap stocks benchmark (a combination of all three indices: the S&P 500, S&P mid-cap, and Russell 2000), delivering strong returns for investors.
