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TJX Companies Posts a $214 Million Second-Quarter Loss

·2 min read
TJX Companies Posts a $214 Million Second-Quarter Loss

Nearly all its stores have reopened following COVID-19 shutdowns, but TJX Companies (NYSE: TJX) is still struggling with the impact of the pandemic on its business. "We were very pleased that both our top and bottom lines well exceeded our internal plans," CEO Ernie Herrman said in a press release. Beyond that, executives say they're confident that TJX Companies can resume its past record of steady market share growth.