Tuesday, June 6, 2017

TJX annual report 2016


Front page of the annual 2016 report from TJX

To read the report in full please go herefor my previous summary please visit TJX annual report 2016 and to find out more about TJX then please click on analysis of TJX 2016.

In the financial table below we can see that TJX is doing pretty ok. The revenue increased yet again and this time by a bit over 7% which is good. The costs have however increased much more which leaves us pretty much flat compared to 2015 which I do not like that much. The only reason why things looks good when one compares EPS is due to that they are buying back shares.


Financial statement of TJX 2016


Conclusion: Revenue and expansion wise TJX is doing very well. When it comes to bringing home more earnings then they are not doing equally well. Still... it costs money to expand your business and TJX are expanding like crazy so I am fine with this and I will remain as a shareholder to see them crack the 40 billion USD revenue as they have promised to do.

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