TJX Drops as Store Closures Lead to a Surprise Loss
Update: 2025-10-09
Description
Retailer TJX the parent company of TJ Max and Marshalls showed encouraging signs as stores reopened, but Morninstar's $49.50 per share valuation for the narrow-moat company should not see a large change because considerable near-term challenges remain.The firm’s 32% second-quarter revenue slide is....
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