The TJX Companies Inc. (NYSE: TJX) made money before coronavirus. For example, TJX reported quarterly revenues of $12.206 billion on 31 January 2020.
The greatest danger to The TJX Companies (NYSE: TJX) is the fast growth of mobile shopping. Cyber sales threaten TJX because it operates brick and mortar shopping stores such as TJX Maxx, Home Goods, and Marshalls.
Importantly, TJX is making a little more money. TJX’s quarterly revenues rose from $9.781 billion on 3 August 2019 to $10.451 billion on 2 November 2019, Ycharts estimates.