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TJX Sees Shares Dip Despite Strong Sales Gains

Off-price leader TJX Companies posted double-digit net sales and income gains in the third quarter, even as gross profit was hit by higher freight and supply chain costs. In a Nutshell: While other retailers close stores or focus more on e-commerce, off-price specialist TJX Companies is expanding its brick-and-mortar network while delivering strong sales and…

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