Tjx Companies Annual Report Summary
Summary:
TJX Companies Inc. is currently in one of the most secure subsets of the retail industry. The economy is a factor always present in the minds of consumers today, and the retail establishments operated under TJX Companies all cater towards the price conscience customer. They are hitting all ages and genders in the apparel industry in addition to home good products including furniture and accessories. They have expanded to reach many markets, and are continuing their expansion across the United States and throughout international countries in Europe. Their ability to payout higher dividends than the majority of the competitors in their industry, while still expanding their market segment proves their profitability along with their profit margin. The profit margin experienced by TJX has been increasing rapidly. There perfect placement in the marketplace and their successful current performance proves the strengths which lie with TJX Companies Inc. As of right now, TJX should work on growing their revenue to a higher value. Although the company is increasing in revenue from year to year, they have only jumped 4.3%. A possible weakness right now, the company’s current expansion should turn that around. Even still a stagnant revenue is much better than a declining revenue growth, which in this economy is not uncommon. If their revenue is able to grow, than they can focus on reestablishing their previous inventory method. Due to the economy, TJX restructured their inventory system in order to keep a smaller quantity on hand. With larger revenues and more sales, they will be able to profitably keep larger stocks of merchandising inventory on hand. Financial information is all interconnected, balancing and formulating from each aspect. As the economy turns around, sales increase, and revenues increase, the downfalls which TJX has endured will change into even greater profitable quarters.
Company Description:
TJX Company is the largest off-price apparel and
TJX Companies Inc. is currently in one of the most secure subsets of the retail industry. The economy is a factor always present in the minds of consumers today, and the retail establishments operated under TJX Companies all cater towards the price conscience customer. They are hitting all ages and genders in the apparel industry in addition to home good products including furniture and accessories. They have expanded to reach many markets, and are continuing their expansion across the United States and throughout international countries in Europe. Their ability to payout higher dividends than the majority of the competitors in their industry, while still expanding their market segment proves their profitability along with their profit margin. The profit margin experienced by TJX has been increasing rapidly. There perfect placement in the marketplace and their successful current performance proves the strengths which lie with TJX Companies Inc. As of right now, TJX should work on growing their revenue to a higher value. Although the company is increasing in revenue from year to year, they have only jumped 4.3%. A possible weakness right now, the company’s current expansion should turn that around. Even still a stagnant revenue is much better than a declining revenue growth, which in this economy is not uncommon. If their revenue is able to grow, than they can focus on reestablishing their previous inventory method. Due to the economy, TJX restructured their inventory system in order to keep a smaller quantity on hand. With larger revenues and more sales, they will be able to profitably keep larger stocks of merchandising inventory on hand. Financial information is all interconnected, balancing and formulating from each aspect. As the economy turns around, sales increase, and revenues increase, the downfalls which TJX has endured will change into even greater profitable quarters.
Company Description:
TJX Company is the largest off-price apparel and
Cited: "Investor Information." TJX: The TJX Companies Inc. TJX Companies Inc. Web. 30 May 2010. . Mirimanian, Ellada. "Family Clothes Stores in the US." IBISWorld. Jan. 2010. Web. 30 May 2010. . "The TJX Companies, Incorporated - Company Report US." IBISWorld. Hemscott, Jan. 2010. Web. 30 May 2010. . TJX Companies, Inc Annual Report 2009. Rep. Thomson Reuters. Web. 30 May 2010.