TJX forecasts current-quarter comparable sales to drop up to 20%

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Go back to TJX forecasts current-quarter comparable sales to drop up to 20%

Baird Reiterates Outperform Rating on The TJX Companies (TJX) Following 2Q

August 20, 2020 7:08 AM EDT

Baird analyst Mark R. Altschwager reiterated an Outperform rating and $65.00 price target on The TJX Companies (NYSE: TJX) following the company's 2Q earnings report. Sales in the quarter fell 32% with stores closed ~1/3 of the quarter and open-store-comp sales -3%. Management cited some logistical challenges disrupting... More

The TJX Companies (TJX) Defended at MKM Partners

August 19, 2020 9:45 AM EDT

MKM Partners analyst Roxanne Meyer was out defending The TJX Companies (NYSE: TJX) following results, the analyst is telling clients to buy on weakness.

Meyer said TJX is seeing a near-term execution issue and they are confident they will overcome... More