T.J. Maxx Is in Prime Position to Benefit From Trump's Trade …

2 days ago · An icon in the shape of a lightning bolt. Impact Link T.J. Maxx could end up benefiting from Trump's suggested tariffs. The president-elect's proposed levies on imports will …

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FAQs about T.J. Maxx Is in Prime Position to Benefit From Trump's Trade … Coupon?

Will Trump's tariffs benefit TJ Maxx?

But TJ Maxx believes that Trump’s tariff plans will benefit the discount chain. TJX, the parent company of TJ Maxx, Marshalls and HomeGoods, said Wednesday that the “chaos” Trump’s tariffs may bring to the retail industry plays right into its business model. Tariffs are taxes placed on imported goods designed to protect domestic manufacturers. ...

Does TJ Maxx really benefit from 'chaos'?

However, officials from TJ Maxx's parent company have a different take, saying the discount retailer may actually benefit. TJX Companies Inc. CEO Ernie Herrman said on an earnings call with analysts on Wednesday that when there is "chaos" in the market, it usually presents an "opportunity for us." ...

Should you Buy TJ Maxx?

For consumers forced to trade down or priced out of their usual retail spots, T.J. Maxx might present itself as the perfect option. TJX, the parent company of T.J. Maxx, Marshall's, and Home Goods, beat Wall Street's estimates in the third quarter, reporting revenue of $14.1 billion, up 6% from the previous year. ...

Will TJX have to raise prices?

TJX may have to raise prices, too. But the company said it will still be a bargain compared to rivals. “The view from TJX is that regardless of tariffs they will still be able to maintain way more competitive prices than mainstream retailers,” Neil Saunders, an analyst at GlobalData Retail, said in an email to CNN. ...

Does TJ Maxx rely on Chinese imports?

Bank of America analyst Lorraine Hutchinson wrote in a note to clients on Thursday that direct imports are a small portion of T.J. Maxx's business and sources inventory from a variety of countries outside of China. This means that it may benefit from not having to raise prices as high as competitors heavily reliant on Chinese imports. ...

Did tariffs create 'buying opportunities' for TJX?

“That’s as likely a scenario as anything,” he said. That’s exactly what happened for TJX in 2019, when the Trump administrationhiked tariffs to 25% on $200 billion worth of Chinese goods. Herrman said at the time that tariffs created “buying opportunities” for TJX. ...