1. Corporate Finance

TJX CEO is ‘very pleased’ with discounter’s quarterly results

TJX, the parent company of HomeGoods, Marshalls and T.J. Maxx, reported sales and earnings that exceeded the retailer’s expectations. President and CEO Ernie Herman said that the company’s “overall pretax margins, merchandise margins and earnings per share were strong” during the most recent quarter and that he was “particularly pleased about our apparel business.”

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