Consistency, Growth, Excellent Financial Returns
The TJX Companies, Inc. is the leading off-price apparel and home fashions retailer in the U.S. and worldwide. We believe that our business model is one of the most flexible in the world and that we have one of the widest demographic reaches in retail, both of which have enabled us to achieve successful, profitable growth year after year, through many types of economic and retail cycles. Over our 38-year history, our annual comparable store sales have declined only once, and we have delivered solid earnings growth and some of the highest financial returns in retail. We have successfully expanded our business in 7 countries, and we continue to believe we have vast growth opportunities both in the U.S. and internationally. Our strong operations have generated large amounts of cash annually over many years, which affords us the flexibility to simultaneously invest in growing our business while returning value to shareholders. We are excited about our opportunities for the future and are confident in our ability to grow to be a $40 billion company and beyond! To learn more about the reasons for our confidence, we invite you to read more about our Key Success Factors below.
Key Success Factors
The TJX Companies, Inc. Reports Above-Plan Q4 and FY16 Results; Q4 Comp Sales up 6% and EPS up 6%; Announces Plans to Increase Dividend 24% and Buy Back $1.5B to $2.0B of Stock; Provides FY17 Guidance