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TJX Bled $887M in Q1 but ‘Encouraged’ by Early Read on Sales

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The TJX companies was slammed with a $887 million net loss in the first quarter, as coronavirus-related store shutdowns took their toll.
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TJX Companies was slammed with a $887 million net loss in the first quarter as COVID-19-related store shutdowns took their toll. In a Nutshell: The TJX Companies reported first quarter sales and operating results that were negatively impacted by the temporary closure of its stores for approximately half of the period due to the COVID-19…

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