The TJX Companies (TJX) Partners With Axo for Mexico Expansion

Zacks06-11

The TJX Companies, Inc. TJX unveiled plans for a joint venture in Mexico with Grupo Axo, S.A.P.I. de C.V. ("Axo"). Notably, Axo operates global brands in Mexico and South America across various retail...

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Notably, Axo operates global brands in Mexico and South America across various retail...</p>\n\n<a href=\"https://finance.yahoo.com/news/tjx-companies-tjx-partners-axo-163400693.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The TJX Companies (TJX) Partners With Axo for Mexico Expansion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe TJX Companies (TJX) Partners With Axo for Mexico Expansion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-11 00:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/tjx-companies-tjx-partners-axo-163400693.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The TJX Companies, Inc. TJX unveiled plans for a joint venture in Mexico with Grupo Axo, S.A.P.I. de C.V. (\"Axo\"). Notably, Axo operates global brands in Mexico and South America across various retail...</p>\n\n<a href=\"https://finance.yahoo.com/news/tjx-companies-tjx-partners-axo-163400693.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ANF","symbol_name":"爱芬奇","start_time":0,"source_url":"https://finance.yahoo.com/news/tjx-companies-tjx-partners-axo-163400693.html","article_id":"2442822096","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/43B3DcuJD1nhTN88m_1fqQ--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/34b4115704687326183f10e40baf018b"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2442822096","pubTimestamp":1718037240,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"The TJX Companies, Inc. TJX unveiled plans for a joint venture in Mexico with Grupo Axo, S.A.P.I. de C.V. . Notably, Axo operates global brands in Mexico and South America across various retail formats, encompassing full-price and discounted offerings.Per the agreement, TJX will hold a 49% stake, while Axo will have a 51% stake in the joint venture. The collaboration will incorporate Axo's existing off-price, brick-and-mortar retail operations in Mexico, encompassing more than 200 stores under its Promoda, Reduced and Urban Store brands. The envisioned transaction is slated to be completed toward the end of 2024.The TJX Companies is keen on extending its presence into Mexico through the partnership with Axo, aiming to amplify and refine its performance. Drawing upon TJX's extensive experience as a global off-price retailer, coupled with Axo's established network of more than 200 off-price stores and three decades of operational expertise in Mexico, management envisions significant pote","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"ANF":"爱芬奇","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","BK4585":"ETF&股票定投概念","LU2023250843.SGD":"Allianz Thematica Cl AT Acc H2-SGD","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","LU2041044095.USD":"Blackrock Circular Economy A2 USD","BK4566":"资本集团","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","LU2211817866.USD":"Allianz Food Security AT Acc USD","LU1989772923.USD":"CPR Invest - Climate Action A2 Acc USD-H","BK4588":"碎股","TSCO":"拖拉机供应公司","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","TJX":"The TJX Companies Inc.","BK4094":"服装零售","BURL":"伯灵顿百货","LU2133065610.SGD":"JPMorgan Investment Funds - Global Dividend A (mth) SGD","BK4200":"专卖店","LU1878469433.USD":"THREADNEEDLE (LUX) - AMERICAN SMALLER COMPANIES \"A\" (USD) ACC","LU1917777945.USD":"安联专题基金Cl AT Acc","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU2092937221.SGD":"Blackrock Circular Economy A2 SGD-H","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","BK4592":"伊斯兰概念","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H"},"translate_title":"TJX Companies(TJX)与Axo合作进行墨西哥扩张","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSCO":1,"TJX":1,"ANF":1,"BURL":0.9},"content_text":"The TJX Companies, Inc. TJX unveiled plans for a joint venture in Mexico with Grupo Axo, S.A.P.I. de C.V. (\"Axo\"). Notably, Axo operates global brands in Mexico and South America across various retail formats, encompassing full-price and discounted offerings.\nMore on Headlines\nPer the agreement, TJX will hold a 49% stake, while Axo will have a 51% stake in the joint venture. The collaboration will incorporate Axo's existing off-price, brick-and-mortar retail operations in Mexico, encompassing more than 200 stores under its Promoda, Reduced and Urban Store brands. The envisioned transaction is slated to be completed toward the end of 2024.The TJX Companies is keen on extending its presence into Mexico through the partnership with Axo, aiming to amplify and refine its performance. Drawing upon TJX's extensive experience as a global off-price retailer, coupled with Axo's established network of more than 200 off-price stores and three decades of operational expertise in Mexico, management envisions significant potential for growth in this new region.This leading off-price apparel and home fashion retailer anticipates delivering a compelling value proposition to the expanding demographic of fashion-forward and value-conscious consumers in Mexico.\nImage Source: Zacks Investment Research\nWhat Else Should You Know?\nThe TJX Companies began the fiscal 2025 on a strong note, with its focus on offering consumers attractive deals on popular brands and fashions. TJX delivered an impressive performance in the recently released first-quarter fiscal 2025 results, with the top and the bottom line increasing year over year and earnings surpassing the Zacks Consensus Estimate. It witnessed comp sales growth across all segments, completely due to customer transactions, highlighting its solid value proposition. This performance bolsters management’s confidence in the ability to capture market share across all regions. The company began the second quarter on a positive note, foreseeing several business opportunities for the remainder of the year.Shares of this Zacks Rank #3 (Hold) company have increased 11.4% in the past three months compared with the industry’s growth of 7.3%.\nTop 3 Retail Picks\nAbercrombie & Fitch Co. ANF, a leading, global, omnichannel specialty retailer of apparel and accessories, currently sports a Zacks Rank #1 (Strong Buy). ANF has a trailing four-quarter earnings surprise of 210.3%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for Abercrombie & Fitch’s current financial-year sales and earnings suggests growth of around 10.5% and 47.5%, respectively, from year-ago reported numbers.Burlington Stores BURL, a nationally recognized off-price retailer, currently carries a Zacks Rank #2 (Buy). BURL has a trailing four-quarter earnings surprise of 21.7%, on average.The Zacks Consensus Estimate for Burlington Stores’ current financial-year sales and earnings suggests growth of around 9.6% and 24.6%, respectively, from year-ago reported numbers.Tractor Supply Company TSCO, which operates as a rural lifestyle retailer, currently carries a Zacks Rank #2. TSCO has a trailing four-quarter earnings surprise of 2.7%, on average.The Zacks Consensus Estimate for Tractor Supply Company’s current financial-year sales and earnings suggests growth of around 3% and 2.5%, respectively, from year-ago reported numbers.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nThe TJX Companies, Inc. (TJX) : Free Stock Analysis Report\nAbercrombie & Fitch Company (ANF) : Free Stock Analysis Report\nTractor Supply Company (TSCO) : Free Stock Analysis Report\nBurlington Stores, Inc. (BURL) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2442822096"}