TJX Companies Inc (TJX)

[wow_happens28]

conmix, 2 for one split, but I feel the chart looks toppy to me, lower highs. But it got 30% higher after I sold.>>>

https://stockcharts.com/h-sc/ui?s=TJX&p=D&yr=1&mn=0&dy=0&id=p3054081810c


TJX has not raised base pay in many areas and stores are short help. They raised a lot of money to brick and mortar Sierra Trading Posts, and it apparently bombed since no new ones in mt Minneapolis/St Paul area in over 2 years. So they have spent the money flooding HomeGoods, TJX and Marshalls with excess merchandise. So they really don't have vaid "Same store sales" comparisons. They have a new chain of like super HomeGoods just opening. That will take some of the "Over stock" money that the current stores are getting sales increases from. Who will Homesense(Super HomeGoods) hurt the most? My guess is Home Goods.

So, the combination of all the above
1. Squeezing shorthanded employees that will b had to do much longer, thus increased profit now.
2. Flooding stores with excess merchandise.
3. Increased markdowns, tied to point 2
3.Home Sense may hurt of sales of HomeGoods, and it may not stand the test of time like Sierra Trading Post that initially seemed good, but did not stand the test of time.