The TJX Companies Inc. (NYSE: TJX) today reported its first quarter financial results for the period ended May 1, 2021.
Net income for the first quarter was $533.9 million, or $0.44 per share, compared to net loss of $887.5 million, or $0.74 per share in the first quarter of 2021.
Net sales increased 126% to $10.1 billion.
As we start the second quarter, overall open-only comp store sales trends remain similar to the first quarter. While the environment remains uncertain, particularly internationally, we are convinced we are strongly positioned as we emerge from this health crisis. Looking ahead, we see numerous opportunities to capture additional market share around the world and are excited about the runway for growth we see for TJX.Ernie Herrman, CEO and President of The TJX Companies, Inc.
Labor market conditions improved once again and jobless claims dropped to about 400,000 after rising last week, as economic activity picked up. Stocks rallied in the action-packed week and benchmark
In the first half of 2021, a record number of private companies entered stock markets in the US, marking a multifold increase from the same period of 2021. The IPO
Energy giant ExxonMobil Corporation (NYSE: XOM) reported a profit for the second quarter of 2021, compared to a loss last year, even as operating conditions continued to improve. The results