The positive equity story continues with discount/off-price apparel retailer The TJX Companies (TJX), first discussed here on May 12, 2009, on $28.13, and I obviously still like the business model at this stage.
Look for a 2% to 4% fiscal 2011 same store sales increase for TJX, which will continue to perform admirably in a consolidating retail sector.
TJX, operator of the T.J. Maxx, Marshalls and HomeGoods chains, remains in the discount retail sweet spot: it's poised to gain market share in the era of the frugal consumer.
The TJX Companies posts
FeedTJX Companies: Discount Retail Gem
TJX: Even More Efficient After Rightsizing
Want evidence concerning the strength of retailer The TJX Companies (TJX)? Consider this:
On Friday TJX announced it would cut 4,400 jobs and convert 91 A.J. Wright stores in to T.J. Maxx, Marshalls, or HomeGoods stores, while closing the remaining 71 A.J. Wright stores.
In other words, another casualty of what's likely to be a smaller retail cut of the U.S. GDP pie this decade.
The TJX Companies: A Retail Shining Star
Retailer The TJX Companies (TJX), first discussed here on May 12, 2009 on $28.13, has pulled-back after flirting with highs near $50 earlier this spring, but just view that as an opportunity to scoop-up shares of a retail sector winner, if you can tolerate moderate risk. Look for a 2-4% fiscal 2011 same store sales increase for TJX, which will fare well in a consolidating retail sector.
Off-price family apparel and home fashion retailer TJX (operator of the T.J. Maxx, Marshalls and HomeGoods chains) remains in the discount retail sweet spot: it's poised to gain market share in the era of the 'frugal consumer.' At least for the initial stage of the U.S. economic expansion, most Americans simply will not have the disposal income to shop at mid/upscale clothing stores and retailers.
The TJX Companies: Retail Sector Winner
The stock market has pulled back slightly, which means if you can tolerate the risk, you can scoop-up a bargain or two. Retailer The TJX Companies (TJX), first discussed here on May 12, 2009 at a price of $28.23, is one. Look for a 2-4% fiscal 2011 same store sales increase for TJX, which will fare well in a consolidating retail sector.
Off-price family apparel and home fashion retailer TJX (operator of the T.J. Maxx, Marshalls and HomeGoods chains) remains in the discount retail sweet spot: it's poised to gain market share in the era of the 'frugal consumer.' At least for the initial stage of the U.S. economic expansion, most Americans simply will not have the disposal income to shop at mid/upscale clothing stores and retailers.
TJX: In the Retail Sweet Spot
Will Americans ever resume shopping? Indeed they will, but not in patterns that were prevalent during the unsustainable, home equity loan-financed era. And that's a major reason The TJX Companies (TJX), which I first wrote about on May 12, 2009 at a price of $28.23, still looks attractive, according to my analysis.Off-price family apparel and home fashion retailer TJX (operator of the T.J. Maxx, Marshalls and HomeGoods chains) remains in the discount retail sweet spot: it's poised to gain market share in the era of the 'frugal consumer.' At least for the initial stage of the U.S. economic expansion, most Americans simply will not have the disposal income to shop at mid/upscale clothing stores and retailers. Of course, the real median income picture could change for the better, but most economic models suggest the U.S. is years away from traditional, median income growth.
Look for TJX to draw those frugal consumers, like a magnet
If you haven't purchased shares of The TJX Companies (NYSE: TJX), and can tolerate moderate risk, now's the time to establish a position to have a chance at outsized gains.Off-price family apparel and home fashion retailer TJX (operator of the T.J. Maxx, Marshalls and HomeGoods chains) is poised to gain market share in the era of the frugal consumer.
Continue reading Look for TJX to draw those frugal consumers, like a magnet
The TJX Companies: Still sailing despite rough recession currents
A retail play? In this consumer spending environment? Indeed, it is possible, with the correct business model and a tight stop.
The TJX Companies, Inc. (NYSE: TJX) fits the business model requirement. Off-price family apparel and home fashion retailer TJX (operator of the T.J. Maxx, Marshalls and HomeGoods chains) is poised to gain market share in the era of the 'frugal consumer.' The First Call FY 2010/FY 2011 EPS estimates for TJX are $2.00 to $2.21.
The TJX Companies, Inc. (NYSE: TJX) fits the business model requirement. Off-price family apparel and home fashion retailer TJX (operator of the T.J. Maxx, Marshalls and HomeGoods chains) is poised to gain market share in the era of the 'frugal consumer.' The First Call FY 2010/FY 2011 EPS estimates for TJX are $2.00 to $2.21.
Continue reading The TJX Companies: Still sailing despite rough recession currents
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