The TJX Companies, Inc. Reports Above-Plan Q4 and FY16 Results; Q4 Comp Sales up 6% and EPS up 6%; Announces Plans to Increase Dividend 24% and Buy Back $1.5B to $2.0B of Stock; Provides FY17 Guidance

Go back to The TJX Companies, Inc. Reports Above-Plan Q4 and FY16 Results; Q4 Comp Sales up 6% and EPS up 6%; Announces Plans to Increase Dividend 24% and Buy Back $1.5B to $2.0B of Stock; Provides FY17 Guidance

Cowen Reiterates Outperform on TJX Cos. (TJX) Following Strong 4Q Showing

February 24, 2016 11:10 AM EST

Cowen reiterated an Outperform rating and $75.00 price target on The TJX Companies (NYSE: TJX) following the company's 4Q earnings report. TJX delivered a solid 5c EPS beat vs. the Street's $0.94 estimate, driven by better-than-expected sales, and better-than-anticipated gross margin. Comps came in better-than-expected at +6% vs.... More

Outlook Appears Solid for TJX Cos. (TJX); Stifel Reaffirms at 'Buy' Following Q4 Report

February 24, 2016 9:57 AM EST

Stifel affirms its Buy rating and $85 price target on The TJX Cos. (NYSE: TJX) following Q4 results issued earlier.

Ahead of the opening bell, TJX posted Q4 EPS of $0.99, topping Stifel's estimate by 5 cents. TJX's Q1 and FY17 outlook were below expectations, but Stifel... More