TJX Continues Growth Trajectory With Strong Quarter. Off-Price Strategy Pays off

TJX Companies (TJX) is an off-price retailer for clothing and home fashion with over 5,100 stores in nine countries. The brands include TJ Maxx, Marshalls, HomeGoods, Homesense, and Sierra in the United States, as well as comparable brands in Canada, Europe, and Australia. TJX stands out with a rapidly changing assortment of high-quality branded goods and designer fashion at prices that are on average 20 to 60% below those of comparable full-price retailers. Once again, the company delivered better-than-expected numbers on Wednesday (August 20):...