Latest news with #Marshalls
Yahoo
2 days ago
- Business
- Yahoo
TJX (TJX) Exceeds Market Returns: Some Facts to Consider
TJX (TJX) ended the recent trading session at $124.94, demonstrating a +2.27% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.14%. Meanwhile, the Dow experienced a drop of 0.04%, and the technology-dominated Nasdaq saw an increase of 0.38%. The parent of T.J. Maxx, Marshalls and other stores's shares have seen a decrease of 1.08% over the last month, not keeping up with the Retail-Wholesale sector's gain of 4.28% and the S&P 500's gain of 5.35%. The investment community will be paying close attention to the earnings performance of TJX in its upcoming release. The company is expected to report EPS of $1.01, up 5.21% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $14.06 billion, up 4.37% from the prior-year quarter. For the full year, the Zacks Consensus Estimates project earnings of $4.47 per share and a revenue of $58.81 billion, demonstrating changes of +4.93% and +4.35%, respectively, from the preceding year. Additionally, investors should keep an eye on any recent revisions to analyst forecasts for TJX. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.21% higher. TJX is currently a Zacks Rank #3 (Hold). In terms of valuation, TJX is currently trading at a Forward P/E ratio of 27.32. Its industry sports an average Forward P/E of 21.61, so one might conclude that TJX is trading at a premium comparatively. We can also see that TJX currently has a PEG ratio of 2.85. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. TJX's industry had an average PEG ratio of 2.7 as of yesterday's close. The Retail - Discount Stores industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 189, finds itself in the bottom 24% echelons of all 250+ industries. The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Ensure to harness to stay updated with all these stock-shifting metrics, among others, in the next trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The TJX Companies, Inc. (TJX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 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
Miami Herald
3 days ago
- Business
- Miami Herald
Marshall's, T.J. Maxx CEO shares key news for #MarshallFinds fans
Marshalls and T.J. Maxx have semi-cult followings. The companies more or less created the treasure hunt model which drives customers to stores even when they don't need something. My wife and son will go to Marshalls simply to see if the local store has a good deal on a designer brand. They might go there with an idea in mind, like "I need a few more nice shirts," or "I could use a new dress for that event in a few months," but mostly they go as entertainment. Related: Is the United States economy bad right now? Invariably, even when they don't need something my son finds some Polo socks or a T-shirt from a brand too trendy for me to know of its existence. That's not unique to how my family shops at Marshalls, it's essentially the business model for all the brands under the TJX banner. Get people into its stores by offering an ever-changing selection of amazing deals. Don't miss the move: Subscribe to TheStreet's free daily newsletter It's a business model that has spawned a lot of knockoffs, none of which has quite captured the magic of the two TJX Companies (TJX) sister sister companies. Marshalls and T.J. Maxx drive foot traffic which seems to results in that invariably leads to sales even when people had no plans to buy anything. That has led to the #MarhsallsFinds hashtag where people share what they bough at what prices. Of course, for that to work, the company needs access to inventory. T.J. Maxx and Marshalls buy retail inventory other retailers can't sell. Sometimes that means getting high-end brands at discount prices when the original manufacturer makes too much or misjudges demand. The original seller would hurt sales of new merchandise if it offered massive sales right next to those items. Instead, those items get bought by TJX which generally can't advertise the brands it has (hence the viral hashtag. Struggling retailers and even whole chains going out of business creates opportunities for Marshalls and T.J. Maxx. That might mean buying lots from a chain that has closed or taking on an order a manufacturer might have otherwise been stuck with. TJX CEO Ernie Herrman is bullish about his company's positioning. "I'd like to start with a few comments on the current environment and the reasons for our continued confidence in our business. We have a very long track record of successfully navigating through many types of challenging economic and retail markets," he shared during the company's first-quarter earnings call. More Retail: Walmart CEO sounds alarm on a big problem for customersTarget makes a change that might scare Walmart, CostcoTop investor takes firm stance on troubled retail brandWalmart and Costco making major change affecting all customers He believes that adversity has actually been a positive for the various TJX brands (which also includes HomeGoods). "Each time, we've emerged as an even stronger company with greater market share opportunities. We have a very experienced leadership team that has worked together for multiple decades. While we're not immune to tariff pressure, we are laser focused on our initiatives to offset them by remaining flexible and executing our opportunistic buying approach," he shared. Herrman explained why he thinks his brands are well-positioned. "First is the value proposition we offer to our customers. For us, value is a combination of brand, fashion, quality and price. Our customer surveys tell us that we have an excellent reputation as a value leader in each of our geographies," he said. He also believes that the current market should deliver customers to his stores. "As a trusted value retailer, we have historically attracted new shoppers to our stores in many different types of environments. Therefore, we are convinced that we will have an opportunity to gain market share if more consumers seek out value in the current environment," he added. Herrman also believes that TJX has a structural advantage over its rivals. "Our team of over 1,300 buyers source goods from an ever changing universe of over 21,000 vendors from more than 100 countries around the world. We have a global buying infrastructure and supply chain that has been in place for multiple decades," he added. Related: Chapter 11 bankruptcy, financial woes drag down 3 whiskey brands CFO John Klinger also gave some color on inventory and market opportunities. "Moving to inventory. Balance sheet inventory was up 15% and inventory on a per store basis was up 7% versus last year. We feel great about our inventory levels and have been taking advantage of the excellent deals we have been seeing in the marketplace. Availability of merchandise remains outstanding and we are set up very well to continue to flow fresh assortments to our stores and online," he shared. The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Yahoo
11-07-2025
- Business
- Yahoo
TJX (TJX) Stock Drops Despite Market Gains: Important Facts to Note
TJX (TJX) ended the recent trading session at $124.16, demonstrating a -1.03% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.28%. Elsewhere, the Dow saw an upswing of 0.43%, while the tech-heavy Nasdaq appreciated by 0.09%. The parent of T.J. Maxx, Marshalls and other stores's shares have seen an increase of 0.74% over the last month, not keeping up with the Retail-Wholesale sector's gain of 0.87% and the S&P 500's gain of 4.37%. Market participants will be closely following the financial results of TJX in its upcoming release. The company is expected to report EPS of $1.01, up 5.21% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $14.06 billion, indicating a 4.37% upward movement from the same quarter last year. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $4.47 per share and revenue of $58.81 billion, indicating changes of +4.93% and +4.35%, respectively, compared to the previous year. It's also important for investors to be aware of any recent modifications to analyst estimates for TJX. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.21% higher. Currently, TJX is carrying a Zacks Rank of #3 (Hold). In the context of valuation, TJX is at present trading with a Forward P/E ratio of 28.05. This represents a premium compared to its industry average Forward P/E of 20.89. It's also important to note that TJX currently trades at a PEG ratio of 2.93. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Retail - Discount Stores was holding an average PEG ratio of 2.76 at yesterday's closing price. The Retail - Discount Stores industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 90, which puts it in the top 37% of all 250+ industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Make sure to utilize to follow all of these stock-moving metrics, and more, in the coming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The TJX Companies, Inc. (TJX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 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
India Today
04-07-2025
- India Today
North Kerala: Through time, taste and tranquility
(NOTE: This article was originally published in the India Today issue dated July 14, 2025)It all begins, as it often does in Kerala, with people around a table, conversation and food. At Hotel Jineesh, a small, bare-bones eatery in Chaliyam, my order arrives on a steel plate filled to the brim and placed on a rough-hewn, wooden table. Three men, already seated, see mid-chat that there's no room elsewhere, and wave us over to settle next to them. I slide my plastic stool forward to this Malabar classic: kallumakkaya—freshly harvested mussels simmering in a light gravy mix of its own juices, coconut slivers and fragrant spices—and a thick slice of pathri, a golden-fried, rice-flour roundel. I dig in as a fresh batch of batter-fried bananas are carried out by a sari-clad woman, whose face brightens into a smile as hungry locals trickle in, eager to start the day If Kerala's south were a monsoon downpour, the north would be its petrichor. Unlike its well-publicised southern sibling, North Kerala remains largely untouched by the stampede of mass tourism, inviting you in with the promise of raw landscapes, languid rhythms and a storied LAND OF LEGENDS It's a warm, sticky June morning, and I am on the hunt for some of those stories with Rajeesh Raghavan, a travel professional and local-history expert, who is guiding me through Kozhikode. Within minutes into our half-hour drive to the city, he recounts tales from Kozhikode's long and complex past. Along the way, he points to landmarks that reflect its continued presence—a century-old British-built iron bridge still in daily use; the Commonwealth Tile Factory in Feroke, built in 1864, and still operating; the Wadiaji Parsi Anjuman Baug, an 18th-century fire temple, managed and maintained by the Marshalls, a four-member family that is all that remains of Kozhikode's once significant Parsi community. OPEN TO THE FAITHFUL: The 14th century Mishkal mosque in Kozhikode Two centuries before their arrival, Vasco da Gama reached India by sea in 1498 and opened up trade with Europe, bypassing overland Arab routes. His landing point on Kappad beach, 30 minutes away, is a popular tourist spot. The Portuguese explorer was warmly welcomed by the Zamorins, the erstwhile rulers of Kozhikode, whose keen nose for business turned the city into a major spice and silk Zamorin of Calicut once ruled these streets. Today, their palace is a hospital and the throne room a maternity ward, but their impact is still felt, not least in the city's modern marketplaces. Valiyangadi Market, once the bustling heart of the city's spice and grain trade, remains active today with wholesale dealers in rice, areca nut, and coconut oil. Silk Street, and SM Street (Sweet Meat Street), one of the city's oldest commercial roads, are busy retail hubs where traditional halwa stalls sit comfortably beside mobile stores and branded outlets.I sample a variety of the famous 'sweet meat' that gives the street its name at the 92-year-old Shankaran Bakery. 'Our halwa is originally an Arabian delicacy,' Rajeesh says, as I am handed a slice from the jewel-like, soft, candied bricks made of refined flour, sugar, and oil or ghee. My visit coincides with Eid al-Adha, so the shopping hub is deserted: today is all about prayer, family and feasts. In Kozhikode, faith doesn't stand apart—it leans in, like neighbours over a shared wall. The 600-year-old Thali Temple, the 700-year-old Mishkal Mosque, once charred by the Portuguese in 1510, and then rebuilt, ('with wood from the Zamorin's own fort,' Rajeesh notes), and the Mother of God cathedral, built on land gifted by the same Hindu ruler, are all a stone's throw away from each we head to Paragon, the city's iconic restaurant, known for their impeccable food, Sunday lunch crowds and must-have tender-coconut custard, Rajeesh advises caution: 'Famous personalities are snuck in through the back,' he says with a smile, 'We'll have to wait.' Indeed, the place is packed, despite it being a holiday, so we grab our custards and savour spicy prawn fry, Malabar biryani, and a raw mango-and-mint mocktail at Adaminte Chayakada (Adam's Tea Shop). Between bites, Rajeesh tells me about a vegetarian crocodile named Babiya in Kasaragod who, until his recent demise, lived in a temple pond and ate prasadam. You just can't make this up. But in 'city of truth' Kozhikode, you don't have TO THE HIGHLANDSMy ride to Wayanad curves north-eastward into forested hills, where hairpin bends and misty slopes make for a scenic drive. The sun hangs low as our wheels roll into the lush haven that is Pepper Trail estate. Set deep within a former colonial plantation, Pepper Trail feels less like a resort and more like a secret camp. The woodpecker tree house in the pepper trail estate The bedroom in the tree house Over breakfast in the main pavilion, I meet owner Anand Jayan, whose grandfather P. Balram Kurup bought the 200-acre coffee, spice and tea estate in 1932 from a Scotsman. Anand's is the hand behind the retreat's thoughtful, sustainable and immersive soul. Perfectly balancing the wilderness experience with elevated comfort, the 150-year-old two-suite colonial bungalow with its back-to-roots aesthetic delivers on its promise of nostalgia. Two treehouses, built 40 feet high on sturdy jackfruit trees, feel like something out of a fantasy fiction film, and the rooms themselves, while arboreal, make no compromises on either space or the high-end feel. For the more down-to-earth, the villas boast grande-sized quarters, a front garden, and a forest-facing private infinity An infinity pool at the resort overlooking the beach At Wayanad, there's something for everyone: its wildlife sanctuary has birdwatching and safaris, while Soochipara and Meenmutty waterfalls are magnificent after the rains. Further west, Banasura Sagar Dam, Asia's largest earthen dam, tempts with boat rides and viewpoints. Thrill-seekers can hike to Chembra Peak, climb up to the Edakkal Caves where stone-age petroglyphs line the walls, or go zip-lining. History buffs will find the Wayanad Heritage Museum an unassuming gem while retail-hounds can peruse the local markets at Sultan Bathery just 20 minutes hard to imagine a more perfect getaway, but the forces of nature tend to follow a different policy from 'customer is king'. North Kerala tourism faced a trifecta of setbacks with Covid-19, the 2024 floods and recent landslides. Though the tragedy struck a limited geography, the entire district's tourism bookings collapsed. Since then, however, recovery efforts spell hope. Altaf Chapri, who runs Neeleshwar Hermitage, my next and final stop in North Kerala, is enthused by the boom: 'Southern Kerala has overgrown. Concrete, crowds but here, the beaches still breathe. Between on-season swimming, dolphins and migratory birds in the winter, backwaters and treks, or restorative wellness therapies—northern Kerala has it all,' he BY THE SEAFrom the highlands to the Arabian Sea, I roll into Neeleshwar Hermitage where I am welcomed into 12 acres of a dream-like sprawl on which 18 standalone cottages wait invitingly for weary heads. I walk into my sea-facing room, built in the traditional style but with plush comforts, a plunge pool and porch sit-outs. Though fresh off a five-hour drive, I find it hard to stop myself from leaving my bags and trotting across the measly 200 metres of pathways that cut through grass, on to the unspoiled Ozhinhavalappu beach, and right into the and rejuvenation form the pillars of the Hermitage's credo: the Priya Spa offers holistic treatments based on consultations with the inhouse Ayurveda practitioner, while the dawn echoes with expert-led pranayam and asanas at the seaside yoga centre. Meals are served in open restaurants flooded with ocean breeze. Sustainability flows through every detail—from composting to no-plastic policies and thoughtfully sourced cuisine. A bountiful thali at the restaurant of Neeleshwar Hermitage The houseboat Lotus on a cruise The highlight, however, is a sojourn aboard The Lotus—the retreat's 100-foot houseboat—for one- to two-night journeys through rabble-free backwaters. And then there is the transformative experience of witnessing Theyyam—a ritual dance form native to North Kerala. Rooted in the worship of ancestral and local deities, Theyyam is both an act of devotion and resistance. For centuries, it has been performed by members of lower castes who, during these rituals, embody the spirit of divine figures. I find the paradox striking: a Brahmin priest bowing before a Dalit man possessed by the spirit of the divine Muthappan. In that fire-lit moment, caste, class and creed collapse into shared Kerala rewards the slow traveller with stories that unfold gently, landscapes that linger, and moments that stay long after you've to India Today Magazine- Ends
Yahoo
01-07-2025
- Entertainment
- Yahoo
Marshalls Is Selling Taylor Swift's Iconic Date Night Dress and People Are Losing It
Marshalls Is Selling Taylor Swift's Iconic Date Night Dress and People Are Losing It originally appeared on Parade. Since took her relationship with public in 2023, fans have gotten to enjoy seeing all of her varied date night looks every time the couple steps out together. There's just one problem: Considering her expensive taste in fashion, it's often hard to copy her looks. Who has Cartier money in this economy?! If you're living that bougie on a budget lifestyle but still wish you could shop Swift's closet, you're definitely going to want to watch the TikTok video below. One fan, Savannah Parton, stumbled across one of Swift's date night dresses at Marshalls recently. Yes, that Marshalls. In the video, Parton is in the dressing room at the store, showing off her find. If you're also a Swiftie, you probably recognize this one: It's the cream colored floral dress that Swift wore when she and Kelce went to a wedding together in New York City in September 2024. Well, kind of. As commenters quickly discovered, this dress is actually a dupe — but a very convincing one. The exact dress that Swift wore is designed by Zimmerman and was priced at over $1,000 before it sold out online... a price that we (fortunately) wouldn't see on anything for sale at Marshalls. If you're into the look, though, this is a dupe that could pass even under examination of the most discerning eye, and at a fraction of the cost. It might be worth making a Marshalls run this week! 🎬SIGN UP for Parade's Daily newsletter to get the latest pop culture news & celebrity interviews delivered right to your inbox🎬 Marshalls Is Selling Taylor Swift's Iconic Date Night Dress and People Are Losing It first appeared on Parade on Jun 30, 2025 This story was originally reported by Parade on Jun 30, 2025, where it first appeared.
