NYSE:TJX

TJX Companies is a leading discount retailer of apparel and home fashions goods in the U.S. and internationally. The company’s key business segments are Marmaxx (62% of annual sales) and HomeGoods (15%), both in the U.S., and TJX Canada (10%) and TJX International (13% - Europe and Australia). TJX also operates Sierra, an off-price retailer of outdoor gear, family apparel, and footwear. The U.S. is the biggest revenue generator for TJX accounting for 76% of the annual revenue followed by Europe, Canada, and Australia. Clothing including footwear is the largest selling product category contributing over 50% of total revenues, followed by home fashion (30%+) and jewelry (15%). TJX has been in business for the last four decades and today owns more than 4,300 stores across nine countries. The company is a global retailer that offers an ideal value proposition of fashion at low prices to its customers. TJX’s low cost structure and a flexible business model allow it to keep its prices 20%-60% below departmental and specialty store prices.