Shares of TJX Companies Inc. reached an all-time high on February 25th after the off-price retailer reported stronger-than-expected fiscal fourth-quarter sales and profits. The company also announced a 13% increase in its quarterly dividend and plans for significant stock buybacks. However, its guidance for the current quarter and fiscal year 2027 fell short of analyst consensus estimates.
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Why shares of TJX Companies hit an all-time high in Feb. 25 trading
Shares of TJX Companies Inc. reached an all-time high on February 25th after the off-price retailer reported stronger-than-expected fiscal fourth-quarter sales and profits. The company also announced a 13% increase in its quarterly dividend and plans for significant stock buybacks. However, its guidance for the current quarter and fiscal year 2027 fell short of analyst consensus estimates.