On the company’s earnings call, TJX said it expects capital expenditures to be in the range of $2B-$2.1B in FY25, which includes opening new stores, remodels and relocations as well as investments in its distribution network and infrastructure to support growth.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on TJX:
- TJX Earnings: TJX Companies Posts Robust Q4 Numbers; Boosts Dividend
- TJX Companies (TJX) Q4 Earnings Cheat Sheet
- Analysts and Technical Indicators Agree: These 3 Stocks Are “Strong Buys” – 2/13/2024
- TJX price target raised to $120 from $110 at Piper Sandler
- TJX Companies Announces Executive Leadership Changes