On Friday, The TJX Companies, Inc. (NYSE: TJX) shares price traded between $52.67 and $53.05 during the last trading session close with no change at $52.88. The shares recorded a trading volume 6.43 million shares as compared to its average volume of 5.79 million shares. The company has 1.23B shares outstanding and market value of 65.22B. Over the one year trading period, the stock has a peak price of $56.64 and its down is recorded at $41.49. The short ratio in the TJX stock is 2.15 and the short float is around of 1.02%.

The TJX Companies, Inc. (NYSE: TJX), recently reported sales and earnings results for the first quarter ended May 4, 2019. Net sales for the first quarter of Fiscal 2020 increased 7% to $9.3B. Consolidated comparable store sales increased 5% over last year’s 3% increase. Net income for the first quarter was $700M, and diluted earnings per share were $.57, versus the previous year’s $.56.

Margins

For the first quarter of Fiscal 2020, the Company’s consolidated pretax profit margin was 10.1%, a 0.9 percentage point decrease versus 11.0% in the previous year. First quarter of Fiscal 2020 Gross profit margin was 28.5%.

Inventory

Total inventories as of May 4, 2019, were $5.1B, contrast with $4.4B at the end of the first quarter last year.

Shareholder Distributions

During the first quarter, the Company returned a total of $589M to shareholders. The Company repurchased a total of $350M of TJX stock, retiring 6.7M shares, and paid $239M in shareholder dividends. The Company continues to expect to repurchase about $1.75 to $2.25B of TJX stock in Fiscal 2020.