TJX jumps 4% to a new high after earnings — here’s what investors love about the report

Florida, Port St Lucie: TJMaxx, a cashier with a customer at check out.
Jeff Greenberg | Universal Images Group | Getty Images

TJX Companies shares climbed to an all-time high Wednesday after reporting better-than-expected fiscal first-quarter results Wednesday. The report showcased the off-price retailer’s appeal to bargain-hunting shoppers and prompted us to boost our price target on the stock.

Articles You May Like

Influencer Jake Paul launching men’s skin, personal care line at Walmart
GameStop shares drop 19% after retailer posts 29% sales decline, reveals stock sale plan
GameStop shares slide 12% following Friday’s 40% sell-off
Here’s the inflation breakdown for May 2024 — in one chart
China’s Alibaba is courting European and U.S. small businesses as it goes global

Leave a Reply

Your email address will not be published. Required fields are marked *