[Request πŸ‘‹] TK Maxx, bargain shopping πŸ‘  πŸ‘• TJX Companies [NYSE: TJX]

It’s the owner of TK Maxx:

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As of 2019, TJX operates the brands HomeGoods, TJ Maxx, and Sierra in the United States; Winners in Canada, and HomeSense, Marshalls, and TK Maxx in multiple countries. There are over 3,300 discount stores in the TJX portfolio located in more than six countries.

This retailer knows how to play the game.

People like shoppin for bargains:

TK Maxx is owned by TJ Maxx.

"…comparable-store sales surged 6% in the key holiday quarter, primarily driven by increased customer traffic, and well above its own guidance at 2% to 3%. It also came after a 6% comps gain in the quarter a year ago, significantly outpacing its apparel retail peers.

"Overall revenue increased 10% to $12.2 billion, beating estimates of $11.8 billion, as the company also continues to open new stores.

β€œGross margin rose 60 basis points to 28.4% as the company expanded its merchandise margin. That helped drive earnings per share up 19% from $0.68 to $0.81, which topped expectations at $0.77.”

Also, www.tkmaxx.com (UK) is a pretty decent online shop with a slick UI.

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I’d like this share added please as an option to purchase.

There will likely be strong desire in the end of the Covid lockdown for bargain shopping and manufacturers with excess stock looking to sell to discount retailers like TK Maxx so their business model works well for the future.

Please can this be added.

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