Latest news with #HomeGoods
Yahoo
6 days ago
- Business
- Yahoo
Here's What to Expect From TJX Companies' Next Earnings Report
Framingham, Massachusetts-based The TJX Companies, Inc. (TJX) operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. With a market cap of $140.3 billion, TJX Companies operates through Marmaxx, HomeGoods, TJX Canada, and TJX International segments. The apparel giant is expected to announce its second-quarter results on Wednesday, Aug. 20. Ahead of the event, TJX is expected to report a non-GAAP profit of $1.01 per share, up 5.2% from $0.96 per share reported in the year-ago quarter. On a more positive note, the company has surpassed the Street's bottom-line estimates in each of the past four quarters. More News from Barchart Dear Microsoft Stock Fans, Mark Your Calendars for July 30 Dear QuantumScape Stock Fans, Mark Your Calendars for July 23 NVDA Broken Wing Butterfly Trade Targets A Profit Zone Between 150 and 160 Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! For the full fiscal 2026, analysts expect TJX's EPS to come in at $4.47, up 4.9% from $4.26 reported in fiscal 2025. In fiscal 2027, its earnings are expected to further surge 10.1% year-over-year to $4.92 per share. TJX stock prices have gained 11.4% over the past 52 weeks, lagging behind the S&P 500 Index's ($SPX) 14.5% surge and the Consumer Discretionary Select Sector SPDR Fund's (XLY) 19.9% returns over the same time frame. Despite beating Street expectations, TJX Companies' stock prices dropped 2.9% in the trading session following the release of its Q1 results on May 21. Driven by an increase in customer transactions, the company's comparable sales increased 3% year-over-year. This led to a 5.1% growth in net sales to $13.1 billion, beating expectations. Further, its EPS of $0.92 surpassed the consensus estimates by 2.2%. However, due to higher SG&A expenses and cost of sales, TJX's margins suffered during the quarter. Further, operating cash flows dropped 46.5% year-over-year to $394 million, due to increased inventory levels. At the end of Q1, its merchandise inventory stood at $7.1 billion, up from $6.2 billion in the year-ago quarter. While this might be a result of TJX trying to beat tariffs, increasing inventory in apparel may lead to inventory becoming obsolete. Nonetheless, the consensus view on TJX remains extremely optimistic, with a 'Strong Buy' rating overall. Of the 21 analysts covering the stock, 18 recommend 'Strong Buy,' one suggests 'Moderate Buy,' and two advise a 'Hold' rating. Its mean price target of $144.18 represents a 14.1% premium to current price levels. On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Daily Mail
6 days ago
- Business
- Daily Mail
Pottery Barn rival takes aim at furniture store by stocking look-alike finds for much cheaper
A thrifty shopper has sent Halloween fans into a frenzy after finding Pottery Barn dupes at HomeGoods. Going by the name Erica, she posted a video on TikTok of her shopping experience on July 22. The mother of two showed off a dozen HomeGoods products, half of them resembling Pottery Barn products. Half of her finds looked almost identical to Pottery Barn's Halloween line, where similar items cost $29.50 to $129. Other HomeGoods offerings Erica loved included ghost and bat baskets, a skeleton stuffed animal, and a bowl with a skeleton on the rim. Prices may vary depending on locations, but various shoppers in YouTube videos claimed most of HomeGoods' Halloween items cost between $10 and $40. Pottery Barn is famous for its luxurious home offerings, but it's also famous for being the focus of various dupes at retailers like Dollar Tree and Goodwill. Unlike the nearly 1,000 HomeGoods locations, the retailer does not embrace Summerween in all its stores, but it does online all-year-round. The pumpkin Erica found on the shelf resembled Pottery Barn's Handmade Terracotta Jack O'Lantern. The higher-priced pumpkins are currently a best seller available in six sizes that costs between $29.50 and $119. She couldn't help but notice that HomeGoods' inexpensive buckets could be compared to a skeleton serving bowl priced at a whopping $129 at Pottery Barn. While HomeGoods' skeleton cheese knives did not match the bucket, they were a worthwhile dupe of a $49.50 Pottery Barn product. Erica made her way to the ghost section after being impressed by pumpkins and skeleton, and found a cheeseboard that nearly matches a $69.50 Pottery Barn item. She also spotted Martha Steward-brand ghosts that like Pottery Barn's $89.50 set of three, can be safely hung on tree branches. After making her ghoulish finds, she went back to the pumpkin area, and found glasses similar to a set of 4 Pottery Barn cups that cost between $34.97 and $56. Erica did not reveal the price difference between any of the items, which can vary based on location. Retailers have been on the chopping block for years following fears of recession and inflation. Tariffs have not made it any better, and has led to brutal job cuts. However, HomeGoods has managed to survive the ordeal, and experienced an 8 percent revenue increase during its first quarter. Pottery Barn, the largest Williams-Sonoma brand in revenue and store count, helped its parent company finish off its first quarter with a 3.4 percent increase in comparable brand revenue. The brand continues to be a top furniture retailer compared to its competition such as the At Home chain, which plotted its bankruptcy in May. The Texas-based chain ended up filing soon after closing 20 stores, and could potentially shutter more locations in the future.
Yahoo
09-07-2025
- Business
- Yahoo
TJX's Q1 Earnings Call: Our Top 5 Analyst Questions
TJX's first quarter results prompted a negative response from investors, despite revenue and profit meeting or exceeding Wall Street's expectations. Management attributed the quarter's performance to steady growth in customer traffic across all divisions and categories, with particular strength in the HomeGoods and international segments. CEO Ernie Herrman emphasized, 'Comp sales grew 3% at the high-end of our plan, with every division, both in the U.S. and internationally, driving increases.' However, management acknowledged margin pressures from unfavorable inventory hedges and rising payroll costs, factors that weighed on profitability. Is now the time to buy TJX? Find out in our full research report (it's free). Revenue: $13.11 billion vs analyst estimates of $13.02 billion (5.1% year-on-year growth, 0.7% beat) EPS (GAAP): $0.92 vs analyst estimates of $0.91 (in line) Adjusted EBITDA: $1.61 billion vs analyst estimates of $1.57 billion (12.3% margin, 2.5% beat) Revenue Guidance for Q2 CY2025 is $13.8 billion at the midpoint, below analyst estimates of $14.08 billion EPS (GAAP) guidance for the full year is $4.39 at the midpoint, missing analyst estimates by 2.7% Operating Margin: 10%, in line with the same quarter last year Locations: 5,121 at quarter end, up from 4,972 in the same quarter last year Same-Store Sales rose 3% year on year, in line with the same quarter last year Market Capitalization: $139.7 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Lorraine Hutchinson (Bank of America) asked about inventory availability amid shipping delays and tariff uncertainty. CEO Ernie Herrman explained that while some categories may see less supply, TJX's flexible buying model enables shifts to alternative categories, and inventory levels are strong. Matthew Boss (JPMorgan) inquired about the progression of sales at Marmaxx and gross margin outlook. CFO John Klinger noted that sales improved as weather disruptions eased, and margin headwinds in the first half are expected to moderate with mitigation efforts in the back half. Adrienne Yih (Barclays) questioned the company's approach to vendor price negotiations and margin management in a high-tariff environment. Herrman described leveraging vendor relationships, adjusting price points, and using category flexibility to maintain value for shoppers. Alex Straton (Morgan Stanley) sought clarity on HomeGoods margin trajectory and tariff impacts on home and toys. Management anticipates continued profitability improvement in HomeGoods and is closely watching sourcing risks for toys, with flexibility to adjust product mix as needed. Michael Binetti (Evercore) asked about the potential for trade-down behavior and customer acquisition trends. Herrman reported no clear signs of basket trade-down, with transaction-driven sales increases and new category introductions attracting shoppers from other retailers. In the coming quarters, the StockStory team will watch (1) TJX's effectiveness in mitigating tariff and supply chain headwinds, (2) continued momentum in customer transactions across U.S. and international segments, and (3) execution of category mix and sourcing strategies, particularly in HomeGoods and toys. Performance in new markets and results from targeted marketing campaigns will also be important markers. TJX currently trades at $124.56, down from $135 just before the earnings. Is there an opportunity in the stock?Find out in our full research report (it's free). Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
05-07-2025
- Entertainment
- Business Insider
Ghosts and ghouls are all over your favorite stores. It's time to embrace 'Summerween.'
Boo! You might see something spooky — spine-tingling, even — when you walk into a Home Goods or Walmart this week. And you might shriek in horror when you see ghosts and pumpkin decor on display. Summer has only just begun! How could they be stocking Halloween stuff when school barely just let out? Relax, it's Summerween! The fake shopping holiday for those who want to put out Halloween decor in July. This isn't the first Summerween, by the way — it's been around for a few years now. But it's growing: It appears to have started at the craft store Michael's, spread to T.J. Maxx/Marshalls/Home Goods. And now, this week, Walmart is adding "Summer Frights" decor to its stores. In fact, rapper Princess Nokia just released a new song, " Drop Dead Gorgeous," that has a lyric: "Summerween and I wanna get my spooky on." Summerween's origins appear to trace back to the cartoon show "Gravity Falls," where in a 2012 episode, the characters carved watermelons and went trick-or-treating. But there's another element afoot: some adults (and you probably know one) just freaking love Halloween. The Wall Street Journal reports: Like those who love the holidays, Halloween superfans have become their own subculture. They use phrases like "code orange" to alert others on social media when they come across fun themed merch. Retailers are using it to get a head start on fall, spurring people to buy their decorations now—a time of year when shopping enthusiasm is typically muted. Lowe's first "Halfway to Halloween" push came in April 2024, and the retailer repeated it this year, even adding a second wave of products in June. Target released some of its more popular Halloween items, like $5 decorative birds, in May and more is planned for later in the summer. Michaels had its earliest Halloween launch ever this June. By late July, the merchandise will completely take over the front of stores, said Melissa Mills, senior vice president of merchandising. I went to check out the selections in my local T.J. Maxx, Home Goods, and Walmart. I was particularly excited to see the Walmart offerings, since this is apparently the first time it has them. But my local store didn't have anything yet. (I did notice some open shelf space in the "Seasonal" section.) Over at T.J. Maxx and Home Goods, the Summerween selections were in full effect. There were pink candles with ghosts, dish towels, magenta velvet skeletons, painted driftwood candy corns, and framed art of ghosts and Mr. and Mrs. Frankenstein at the beach. Pink and purple were as prevalent as orange and black, which sets these Summerween items clearly apart from their October cousins. It was cute, not scary. For a moment, the thought crossed my mind to actually buy some of this — a fuzzy pastel candy corn caught my eye. I am not one of those Halloween enthusiasts, but I'm sure my kids would love celebrating Summerween. Halloween is one of the few non-denominational, non-political, purely fun holidays throughout the year — whynot double up on it? Is this all just an excuse to sell people more junk? Well, sure. But so what? Do you think Thanksgiving is "real," too? That Christmas isn't overly commercialized? Or that Mother's Day isn't just a racket by greeting card companies? Do you worry about the real meaning of Toyathon? Grow up. Open your eyes and your heart and embrace Summerween.
CNN
30-06-2025
- Business
- CNN
Better health starts with your sleep and these top-rated pillows are game changers
Think of the best day you've ever had. Were you tired, groggy, riddled with sleep debt or even fighting the urge to chug a vat of coffee? Likely not. Since 2013, Coop Sleep Goods has been obsessive about offering personalized sleep solutions to ensure we all feel rested enough to get the most out of each day. While it might be easy to grab whatever's on sale or opt for hand-me-downs filled with more dust than down, it helps to get specific about your pillows. Whether you spend your days hitting the pavement or typing away on your desk chair, Coop Sleep Goods has a pillow that supports you, your unique lifestyle and your dream way to sleep. While you can't put a price on good sleep, you can certainly grab luxury-grade sleep gear at an accessible price point, whether you're treating yourself or gifting a sleep-deprived loved one. Coop Sleep Goods' upcoming sale of 20% off across its entire Amazon catalog is a smart place to start. Explore its wide range of high-performing and industry-leading pillows crafted with rigorously tested fabrics that promote deep and restorative sleep while offering tangible solutions to the sleep debt epidemic. Think proprietary blends like cross-cut memory foam and microfiber, down alternative and Talalay latex, all certified safe, non-toxic and rigorously third-party tested. What's more, Coop Sleep Goods' pillows cater to all sleep positions and temperature preferences (this one's for you, hot sleepers!). The best part? You can always add or remove fill to suit your fancy, or opt for a consultation with the brand to help you land on a product that can best help you drift off and wake up pain-free. Coop Home Goods Original Adjustable Pillow No matter your preferred sleep position, the Original Adjustable Pillow is the perfect place to rest your head. Its blend of pillow-soft memory foam, plush microfiber and cooling gel contributes to that sought-after dreamlike state. Customize your level of fill until you reach your desired firmness, whether you're looking for a pillow with more give or Home Goods Eden Adjustable Cooling Pillow With the Eden, every side of the pillow is the cool side of the pillow. A gel-infused memory foam and microfiber fill help create the ideal environment for falling asleep — and staying asleep. Here, you also get to play around with fill level until it feels just right. And that's pretty Home Goods Adjustable Latex Pillow Let the latex version of Coop Home Goods' pillow show you how sleep is supposed to feel — comfortable, pain-free and a total dream. With this option, you can expect a bouncier, more supportive feel for optimal spinal alignment thanks to the use of breathable and temperature-regulating Talalay latex. Complete with a washable cover, this pillow is super simple to maintain for years to come. No yellowing Home Goods Essence Down Alternative Pillow, Set of 2 If you're on the hunt for a deal that'll contribute directly to better sleep, more energy and thus enhanced mood and performance (to name a few), look toward this set of two down alternative pillows. Neither too firm nor too soft, the Goldilocks of pillows is the ideal addition to your bed setup if you're not sure where to start, but know you need to replace your old pillows stat. Breathable, cooling and supportive where you need it most, this cloud-like duo is now available for an unbeatable price.
