F500 2019-TJX
October 4, 2018 - New York, NY, U.S. - Customers in the brand new off-price Marshalls store in the Lower East Side neighborhood of in New York during it's grand opening on Thursday, October 4, 2018. Marshalls is a brand of the TJX Companies, parent of Marshalls, T. J. Maxx, HomeGoods and other brands. TJX Companies recently reported comps that grew 6% over year citing increased traffic in its Marmaxx division (Marshalls, TX Maxx). (Â Richard B. Levine) (Credit Image: © Richard B. Levine/Levine Roberts via ZUMA Press)Richard B. Levine—ZUMAPRESS.com
  • Previous Rank
    85
  • Revenues ($M)
    38972.9
  • Revenue Percent Change
    8.7
  • Profits ($M)
    3059.8
  • Profits Percent Change
    17.3
  • Assets ($M)
    14326.0
  • Employees
    270000

The parent company of Marshalls, T.J. Maxx, and HomeGoods enjoys creating a “treasure hunt” experience in its more than 4,300 locations around the world—encouraging customers to search through racks of clothing and home goods (supplied by a total of 21,000 vendors) to find the ideal bargain item. This strategy appears to be working, considering that TJX has delivered same-store sales growth for 23 consecutive years. The company reported $39 billion in revenue for 2018, up nearly 9% from 2017. CEO Ernie Herrman said the company would launch an e-commerce platform for Marshalls, which currently doesn’t sell goods online, later this year.

Company Info

CEOErnie L. Herrman
CEO TitleChairman & Chief Executive Officer
SectorRetailing
IndustrySpecialty Retailers: Apparel
HQ LocationFramingham, Mass.
Websitewww.tjx.com
Years on Fortune 500 List25
Employees270,000

Key Financials (Last Fiscal Year)

Revenues ($M)$38,972.9
Profits ($M)$3,059.8
Assets ($M)$14,326
Total Stockholder Equity ($M)$5,048.6

Profit Ratios

Profit as % of Revenues7.9%
Profits as % of Assets21.4%
Profits as % of Stockholder Equity60.6%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)2
EPS % Change (from 2017)20.3%
EPS % Change (5 year annual rate)10.6%
EPS % Change (10 year annual rate)17.1%

Total Return

Total Return to Investors (2018)18.9%
Total Return to Investors (5 year, annualized)8.5%
Total Return to Investors (10 year, annualized)25.8%