TJX Companies Tells Investors It Is Ready for a Strong Holiday Season

TJX Companies' (NYSE: TJX) operating and financial momentum is accelerating at just the right time. The off-price retailing giant behind T.J. Maxx, Marshalls, and Home Goods revealed accelerating sales growth, steady profit margin, and a strong inventory position as the industry heads into its biggest selling period of the year.

Following that earnings announcement, CEO Ernie Herrman and his team held a conference call with investors that detailed the hits and misses from the third quarter along with management's updated outlook for 2019 and beyond. Below are a few highlights from that presentation.

Image source: TJX Companies.

Continue reading

Source Fool.com