Reported about 12 hours ago
TJX, the parent company of TJ Maxx, recently reported a successful fiscal third quarter, with sales increasing by 3% year-over-year. Despite warnings from other retailers about the potential negative impact of President Trump's proposed tariffs, which would impose significant fees on goods imported from China and elsewhere, TJX's CEO expressed confidence that these tariffs could actually create opportunities for the company by encouraging manufacturers to bulk order items early, thus enhancing inventory availability and pricing advantages for TJX's stores.
Source: YAHOO