Global 500

Rank
321
Previous Next

TJX

Pedestrians are reflected in and seen through a shop window as they pass a T.J. Maxx store in Boston
Pedestrians are reflected in and seen through a shop window as they pass a T.J. Maxx store in Boston, Massachusetts, U.S., February 21, 2017. REUTERS/Brian Snyder - RTSZOLLBrian Snyder — Reuters
  • Previous Rank
    338
  • Revenues ($M)
    33184
  • Revenue Percent Change
    7.2
  • Profits ($M)
    2298.2
  • Profits Percent Change
    0.9
  • Assets ($M)
    12884
  • Employees
    235000

In a bleak environment for retail, the parent company of Marshalls, T.J. Maxx, and HomeGoods continues to dominate the landscape. TJX sells an ever-changing assortment of branded goods at discounted prices “a formula that’s become increasingly appealing to value-oriented shoppers and has led to some copycat attempts from the likes of Macy’s and Nordstrom. TJX marked its 40th anniversary with annual sales of $33.2 billion, a 7% increase, and profits of $2.3 billion” a strong start for new CEO Ernie Herrman.

Company Information

CEOErnie L. Herrman
SectorRetailing
IndustrySpecialty Retailers
HQ LocationFramingham, MA
Websitewww.tjx.com
Years on Global 500 List16
Employees235,000

Key Financials (Last Fiscal Year)

Revenues ($M)$33,184
Profits ($M)$2,298.2
Assets ($M)$12,884
Total Stockholder Equity ($M)$4,511

Profit Ratios

Profit as % of Revenues6.9%
Profits as % of Assets17.8%
Profits as % of Stockholder Equity51%