$TJX
TJX results
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TJ Maxx reported 4Q/FY results. While TJX shares have done well since I first wrote about the company, this is the market starting to look forward to brighter days in 2022 and beyond. Current results remain weak due: -store closures overall stores were closed for 13% of the quarter
TJX - following up after 3Q
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All in my thesis appears on track. 3Q results themselves were decent considering the reluctance consumers have to make non-essential shopping trips. Same store sales comps were -5% year over year. As we’ve seen throughout retail since the onset of the pandemic, home (HomeGoods same store sales were up
TJX: Long Term Winner strengthened by COVID & selling at a discount
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