Discounter TJX Is One of the Safest Stocks in Retail

Discounter TJX Is One of the Safest Stocks in Retail

Barron’s, By Teresa Rivas | November 17th, 2015 (Read article)

There hasn’t been much good news in the retail sector lately, but discounter TJX is a rare bright spot. Its shares are rising due to better-than-expected fiscal third-quarter results.

TJX Cos. (ticker: TJX), the owner of T.J. Maxx and Marshalls stores, said it earned 86 cents a share on revenue of $7.75 billion. Analysts were expecting earnings of 84 cents a share on revenue of $7.73 billion

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2018-06-20T03:49:46+00:00