Tag Archives: Carol Meyrowitz

Sales Gain but Net Drops in TJX’s Q3

TJX

FRAMINGHAM, Mass.-Despite an increase of 5.5 percent in total corporate net sales, The TJX Cos. reported a 4.4 percent drop in net income, to $595 million. The falloff in the bottom line was due primarily to a 41.8 percent increase in the company’s provision for income taxes. Net sales reached $7.4 billion and included anMore »

Last updated: November 18, 2014

TJX Q2 Net Rises 7.9 Percent

TJX

FRAMINGHAM, Mass.-Increased sales, especially from its HomeGoods and TJX Europe units, boosted The TJX Cos.’ second-quarter bottom-line total to $517.6 million, up 7.9 percent above the second quarter of last year. Total net sales in the quarter, which ended on Aug. 2, were $6.9 billion, gaining 7.4 percent and including a companywide same-store sales pickupMore »

Last updated: August 19, 2014

TJX Q1 Net Relatively Flat

TJX

FRAMINGHAM, Mass.-A larger-than-expected negative impact from foreign currency exchange rates muted The TJX Cos.’ first-quarter net income to a 0.3 percent increase. Carol Meyrowitz, TJX’s CEO, said the impact of the exchange rates exceeded the company’s guidance for the quarter. Meyrowitz added that sales in the quarter, which ended on May 3, “were not asMore »

Last updated: May 21, 2014

TJX Net Gains 13.9 Percent in Q2

TJX

FRAMINGHAM, Mass.-With sales across all of its divisions showing healthy increases, The TJX Cos. posted a 13.9 percent rise in second-quarter net income, which reached $479.6 million. Total company net sales in the quarter, which ended on Aug. 3, was $6.4 billion, up 8.4 percent from last year’s second quarter. Same-store sales for the companyMore »

Last updated: August 20, 2013