The TJX Companies, Inc. (TJX), with a market cap of $110.7 billion, is a top off-price retailer of apparel and home fashions globally headquartered in Massachusetts. It owns popular discount retail stores like T.J. Maxx, Marshalls and, HomeGoods and appeals to a wide consumer base with varied product assortments at different price points and rapid inventory turnover.
Shares of TJX have slightly lagged behind the broader market over the past year. While TJX has surged 23.1% over this time frame, the broader S&P 500 Index ($SPX) is up 26.9%. In 2024, the stock has soared 4.2%, lower than SPX’s YTD return of 11.6% over the same time frame.
