
TJX Achieves 9% Sales Growth to $54.2 Billion Amid Margin Expansion
The TJX Companies, Inc.Description
What this story covers
TJX reported 54 point 2 billion dollars in fiscal 2024 sales, up 9 percent, with 5 percent comparable store growth and gross margins at 30 point 0 percent. Net income rose to 4 point 5 billion dollars, supported by opportunistic buying and store expansions to 4,954 locations. Strong liquidity with 5 point 6 billion dollars cash enables growth and 4 point 0 billion dollars shareholder returns, though risks include supply disruptions and competition.
Story snapshot
CompanyThe TJX Companies, Inc.
TickerTJX
VariantStandard detailed
Duration11:31
Filing type10-K
PeriodAnnual 2024
IndustryConsumer Services
Accession0000109198-24-000014
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