Low Price Department TJX Continued Strong, It Seems That This Is The Right Move.

Before Wednesday,

The industry leader TJX Companies Inc. (NYSE:TJX) has released a sustained strong fourth quarter performance. By the end of the 22016 fiscal year of January 30, 2016, the group's EPS recorded a record $0.99, surpassing the expected $0.94 of Capital IQ Consensus and Zacks. However, the company's stock price opened only slightly in view of the fact that the company's current 2017 fiscal year's first quarter and 2017 fiscal year are not as good as the market.

As of January 30, 2016, the fourth quarter of fiscal year 2016.

Companies Inc. revenue grew 7.9% to 8 billion 962 million 100 thousand US dollars, also surpassing the expected $8 billion 730 million of Capital IQ Consensus and Zacks, the same store sales rose 6%, far exceeding the market expected 2%-3%, and the net profit increased 2.8% to 666 million 500 thousand US dollars during the period.

For the 2016 fiscal year, TJX Companies Inc. revenue increased from $29 billion 78 million 400 thousand in fiscal year 2015 to $30 billion 944 million 900 thousand, an increase of 6.4%.

There was a 5% increase; in the 2016 fiscal year, group net profit was recorded at $2 billion 277 million 700 thousand, or $3.33 per share, compared with $2 billion 215 million 100 thousand a year and $3.15 per share.

TJX Companies Inc. chief executive Ernie Herrman said that when the US retail market suffered a passenger traffic jam, the group's passenger traffic growth continued to drive the same store sales growth, helping the company achieve a great achievement in sales and profit growth for 20 consecutive years.

Ernie Herrman said it would continue to increase investment and strive to achieve the medium-term goal of US $40 billion revenue.

Profits rose TJX Companies Inc., and it planned to send a final dividend of $0.26 per share, up 24% compared to the same period last year. The group also announced a new 1 billion 500 million US $1 billion 500 million billion stock buyback plan as of January 28, 2017, but the group's previous $2 billion repurchase program still has 15 dollars unfinished, that is, the actual buy back plan of 0-5 billion US dollars.

TJX Companies Inc. group in the first quarter of fiscal year 2017, EPS is expected to be US $0.68 -0.70 US dollars, lower than Capital IQ Consensus's expected $0.74; the same store sales growth is expected to be 2%-3%; in fiscal year 2017, EPS is expected to be US $3.29, which is far below the 3.62 US dollars expected by the Consensus.