TJX Companies, Inc. has seen its stock price close at $116.58, reflecting a slight decrease of 0.02% as of 4:00 PM EDT on September 3, 2024. After-hours trading at 6:20 PM EDT showed no change in the stock price. The company's market capitalization stands at approximately $132.547 billion, with an earnings per share (EPS) of $4.76. The forward dividend is set at $1.50, yielding 1.28%, with the ex-dividend date having been on August 15, 2024.
Recent insights from Goldman Sachs Vice President Brooke Roach have shed light on retail trends, indicating a cautious outlook for the sector. Additionally, insider trading activity has been noted, with significant sales reported from several executives: SEVP Louise Greenlees sold 4,660 shares, Director David Ching sold 13,000 shares, and CEO Ernie Herrman sold 20,000 shares.
TJX operates a vast network of 5,000 stores globally, with 3,585 located in the United States. The company is projecting fiscal year 2024 sales to reach $54 billion, with major product categories including clothing (48%), jewelry (17%), and home products (35%). Based in Framingham, Massachusetts, TJX's fiscal year concludes on the Saturday nearest to January 31.
Overall, while the stock performance remains stable, the insider sales and market insights suggest a need for vigilance in the retail landscape as TJX navigates its future growth amidst evolving consumer trends.
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