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TJX Cos. Stock Up More than 40%

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  • Description

    FBN's Nicole Petallides breaks down TJX Cos. and Chico's FAS Inc. stock performance.

  • Duration 1:32
  • Date

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Later on in the show.

Well investors are now foul mood is there is worry about the details of the Greek -- shocking to all of you I -- sure but let's take a look at the markets right now we are in negative territory for the -- Saddam of the flood -- New York Stock Exchange and -- call penalties.

CDX companies you know they don't TJ Maxx marshalls another year of double digit EPS growth -- -- a quarter for them but it really wasn't.

Great quarter of the holiday quarter they -- profit on the rise so that was good news is not actually moved to -- Annual hiatus since pullbacks I know -- -- have a down arrow at the moment but it did trade.

As high as 3555.

So that was the good news.

For the shareholders least briefly outlook is pretty much in line but some analysts expressing concern about the fact they've.

Had increased spending on marketing the competitive landscape -- top out.

But the big picture is they came out with profit that was on the rise so -- on what they do is they buy the merchandise that the department stores returned to the vendors in the TJ Maxx.

Pick -- up apparel home and -- -- Alright well let's talk about another -- story stock -- -- -- she goes holiday season very good for this name what happened in the quarter.

Amazing and we talk about TJ Maxx into the point six billion dollar company vs two billion dollar company -- today's taken out that's up.

More than 15% to beat the street sales were better than expected and the 2012 outlook sales.

Forecast is better than expected as well so.

And when you look at today's chart that really tells this story got stuck to -- sports event on nine nice young ballot well thank you very much -- do wanna.

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