Subtext

The TJX Companies, Inc. TJX

SectorConsumer Discretionary
Transcripts70
Date range2007-11-13 – 2025-02-26
Calls charted70

Sentiment timeline

Net Loughran-McDonald sentiment per call (×1000), earliest → latest.

-25-13+0+13+252007 Q32010 Q42013 Q12015 Q22017 Q32019 Q42022 Q12024 Q22007 Q3 · Overall: +11.02007 Q4 · Overall: +15.52009 Q1 · Overall: +18.52009 Q2 · Overall: +13.32009 Q3 · Overall: +14.32009 Q4 · Overall: +10.92010 Q1 · Overall: +10.32010 Q2 · Overall: +11.92010 Q3 · Overall: +11.62010 Q4 · Overall: +10.52011 Q1 · Overall: +9.02011 Q2 · Overall: +12.22011 Q3 · Overall: +15.72011 Q4 · Overall: +14.22012 Q1 · Overall: +12.12012 Q2 · Overall: +13.82012 Q3 · Overall: +11.42012 Q4 · Overall: +12.42013 Q1 · Overall: +14.62013 Q2 · Overall: +10.72013 Q3 · Overall: +11.92013 Q4 · Overall: +16.82014 Q1 · Overall: +16.12014 Q2 · Overall: +13.32014 Q3 · Overall: +15.92014 Q4 · Overall: +12.22015 Q1 · Overall: +13.42015 Q2 · Overall: +18.32015 Q3 · Overall: +14.42015 Q4 · Overall: +15.52016 Q1 · Overall: +15.42016 Q2 · Overall: +15.12016 Q3 · Overall: +17.12016 Q4 · Overall: +15.82017 Q1 · Overall: +12.02017 Q2 · Overall: +15.02017 Q3 · Overall: +8.22017 Q4 · Overall: +13.12018 Q1 · Overall: +12.32018 Q2 · Overall: +12.12018 Q3 · Overall: +13.02018 Q4 · Overall: +13.82019 Q1 · Overall: +12.22019 Q2 · Overall: +11.32019 Q3 · Overall: +7.62019 Q4 · Overall: +13.52020 Q1 · Overall: +11.62020 Q2 · Overall: +10.92020 Q3 · Overall: +14.02020 Q4 · Overall: +16.92021 Q1 · Overall: -2.22021 Q2 · Overall: +10.62021 Q3 · Overall: +12.42021 Q4 · Overall: +10.12022 Q1 · Overall: +7.72022 Q2 · Overall: +5.02022 Q3 · Overall: +2.82022 Q4 · Overall: +15.32023 Q1 · Overall: +11.52023 Q2 · Overall: +16.52023 Q3 · Overall: +17.42023 Q4 · Overall: +18.32024 Q1 · Overall: +18.52024 Q2 · Overall: +22.22024 Q3 · Overall: +19.22024 Q4 · Overall: +18.82025 Q1 · Overall: +15.62025 Q2 · Overall: +18.72025 Q3 · Overall: +14.62025 Q4 · Overall: +16.3
Overall

CEO vs CFO

Average sentiment of each executive's remarks per call. Divergence is a signal.

-37-19+0+19+372007 Q32010 Q42013 Q12015 Q22017 Q32019 Q42022 Q12024 Q22007 Q3 · CEO: +18.82007 Q4 · CEO: +21.32009 Q1 · CEO: +27.32009 Q2 · CEO: +21.42009 Q3 · CEO: +23.22009 Q4 · CEO: +21.42010 Q1 · CEO: +24.62010 Q2 · CEO: +23.92010 Q3 · CEO: +22.02010 Q4 · CEO: +18.02011 Q1 · CEO: +13.82011 Q2 · CEO: +22.72011 Q3 · CEO: +24.92011 Q4 · CEO: +25.52012 Q1 · CEO: +30.02012 Q2 · CEO: +29.62012 Q3 · CEO: +22.52012 Q4 · CEO: +28.42013 Q1 · CEO: +26.32013 Q2 · CEO: +22.22013 Q3 · CEO: +22.92013 Q4 · CEO: +29.72014 Q1 · CEO: +32.62014 Q2 · CEO: +31.72014 Q3 · CEO: +26.72014 Q4 · CEO: +20.92015 Q1 · CEO: +23.82015 Q2 · CEO: +28.72015 Q3 · CEO: +27.22015 Q4 · CEO: +25.82016 Q1 · CEO: +24.22016 Q2 · CEO: +26.82016 Q3 · CEO: +26.42017 Q1 · CEO: +17.42017 Q2 · CEO: +22.62017 Q3 · CEO: +17.02017 Q4 · CEO: +19.12018 Q1 · CEO: +19.02018 Q2 · CEO: +17.82018 Q3 · CEO: +18.22018 Q4 · CEO: +24.02019 Q1 · CEO: +15.82019 Q2 · CEO: +14.72019 Q3 · CEO: +11.42019 Q4 · CEO: +20.52020 Q1 · CEO: +18.42020 Q2 · CEO: +15.12020 Q3 · CEO: +16.52020 Q4 · CEO: +32.32021 Q1 · CEO: -0.82021 Q2 · CEO: +14.42021 Q3 · CEO: +16.22021 Q4 · CEO: +16.22022 Q1 · CEO: +14.72022 Q2 · CEO: +16.82022 Q4 · CEO: +20.12023 Q1 · CEO: +20.62023 Q2 · CEO: +20.42023 Q3 · CEO: +22.52023 Q4 · CEO: +26.42024 Q1 · CEO: +21.52024 Q2 · CEO: +25.12024 Q3 · CEO: +26.12024 Q4 · CEO: +23.22025 Q1 · CEO: +17.82025 Q2 · CEO: +23.82025 Q3 · CEO: +18.52025 Q4 · CEO: +21.02007 Q3 · CFO: +5.22007 Q4 · CFO: +9.02009 Q1 · CFO: +9.32009 Q2 · CFO: +0.02009 Q3 · CFO: +10.52009 Q4 · CFO: +2.92010 Q1 · CFO: -1.72010 Q2 · CFO: +1.42010 Q3 · CFO: +5.22010 Q4 · CFO: +5.82011 Q1 · CFO: +0.02011 Q4 · CFO: +8.22012 Q1 · CFO: +5.32012 Q2 · CFO: +9.62012 Q3 · CFO: +8.72013 Q1 · CFO: +7.32013 Q2 · CFO: +0.02013 Q3 · CFO: +4.42013 Q4 · CFO: +6.02014 Q1 · CFO: +4.72014 Q2 · CFO: +6.02014 Q3 · CFO: +7.22014 Q4 · CFO: +2.02015 Q1 · CFO: +4.62015 Q2 · CFO: +11.92015 Q3 · CFO: +5.92015 Q4 · CFO: +3.42016 Q1 · CFO: -8.92016 Q2 · CFO: +2.72016 Q3 · CFO: +9.02016 Q4 · CFO: +6.42017 Q1 · CFO: +9.52017 Q2 · CFO: +10.82017 Q3 · CFO: +3.62018 Q1 · CFO: +9.72018 Q2 · CFO: +8.52019 Q1 · CFO: +11.02019 Q2 · CFO: +8.92019 Q3 · CFO: +6.6
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-47-23+0+23+472007 Q32010 Q42013 Q12015 Q22017 Q32019 Q42022 Q12024 Q22007 Q3 · Prepared remarks: +16.12007 Q4 · Prepared remarks: +18.32009 Q1 · Prepared remarks: +25.12009 Q2 · Prepared remarks: +23.02009 Q3 · Prepared remarks: +18.32009 Q4 · Prepared remarks: +7.32010 Q1 · Prepared remarks: +15.62010 Q2 · Prepared remarks: +18.82010 Q3 · Prepared remarks: +18.02010 Q4 · Prepared remarks: +18.52011 Q1 · Prepared remarks: +19.52011 Q2 · Prepared remarks: +11.12011 Q3 · Prepared remarks: +21.62011 Q4 · Prepared remarks: +18.82012 Q1 · Prepared remarks: +16.72012 Q2 · Prepared remarks: +24.92012 Q3 · Prepared remarks: +19.02012 Q4 · Prepared remarks: +15.82013 Q1 · Prepared remarks: +22.82013 Q2 · Prepared remarks: +15.12013 Q3 · Prepared remarks: +19.42013 Q4 · Prepared remarks: +22.32014 Q1 · Prepared remarks: +26.42014 Q2 · Prepared remarks: +27.42014 Q3 · Prepared remarks: +24.62014 Q4 · Prepared remarks: +18.92015 Q1 · Prepared remarks: +21.42015 Q2 · Prepared remarks: +25.72015 Q3 · Prepared remarks: +22.72015 Q4 · Prepared remarks: +19.72016 Q1 · Prepared remarks: +18.02016 Q2 · Prepared remarks: +19.62016 Q3 · Prepared remarks: +23.02016 Q4 · Prepared remarks: +23.62017 Q1 · Prepared remarks: +22.12017 Q2 · Prepared remarks: +24.22017 Q3 · Prepared remarks: +17.72017 Q4 · Prepared remarks: +21.22018 Q1 · Prepared remarks: +21.72018 Q2 · Prepared remarks: +21.42018 Q3 · Prepared remarks: +20.62018 Q4 · Prepared remarks: +22.82019 Q1 · Prepared remarks: +23.32019 Q2 · Prepared remarks: +22.22019 Q3 · Prepared remarks: +17.42019 Q4 · Prepared remarks: +25.52020 Q1 · Prepared remarks: +18.82020 Q2 · Prepared remarks: +18.52020 Q3 · Prepared remarks: +25.12020 Q4 · Prepared remarks: +24.52021 Q1 · Prepared remarks: -1.12021 Q2 · Prepared remarks: +23.02021 Q3 · Prepared remarks: +19.72021 Q4 · Prepared remarks: +15.42022 Q1 · Prepared remarks: +15.12022 Q2 · Prepared remarks: +40.52022 Q3 · Prepared remarks: +13.02022 Q4 · Prepared remarks: +24.62023 Q1 · Prepared remarks: +22.42023 Q2 · Prepared remarks: +29.92023 Q3 · Prepared remarks: +26.52023 Q4 · Prepared remarks: +26.02024 Q1 · Prepared remarks: +26.62024 Q2 · Prepared remarks: +28.52024 Q3 · Prepared remarks: +24.12024 Q4 · Prepared remarks: +26.72025 Q1 · Prepared remarks: +27.42025 Q2 · Prepared remarks: +33.12025 Q3 · Prepared remarks: +23.22025 Q4 · Prepared remarks: +22.12007 Q3 · Q&A responses: +11.92007 Q4 · Q&A responses: +14.32009 Q1 · Q&A responses: +16.22009 Q2 · Q&A responses: +8.72009 Q3 · Q&A responses: +18.62009 Q4 · Q&A responses: +18.52010 Q1 · Q&A responses: +9.72010 Q2 · Q&A responses: +7.52010 Q3 · Q&A responses: +8.52010 Q4 · Q&A responses: +4.62011 Q1 · Q&A responses: +7.92011 Q2 · Q&A responses: +19.02011 Q3 · Q&A responses: +15.52011 Q4 · Q&A responses: +9.92012 Q1 · Q&A responses: +15.02012 Q2 · Q&A responses: +11.12012 Q3 · Q&A responses: +11.12012 Q4 · Q&A responses: +13.72013 Q1 · Q&A responses: +15.22013 Q2 · Q&A responses: +13.82013 Q3 · Q&A responses: +11.72013 Q4 · Q&A responses: +17.92014 Q1 · Q&A responses: +16.52014 Q2 · Q&A responses: +13.92014 Q3 · Q&A responses: +12.52014 Q4 · Q&A responses: +8.62015 Q1 · Q&A responses: +12.82015 Q2 · Q&A responses: +18.22015 Q3 · Q&A responses: +12.52015 Q4 · Q&A responses: +14.12016 Q1 · Q&A responses: +17.72016 Q2 · Q&A responses: +16.12016 Q3 · Q&A responses: +18.72016 Q4 · Q&A responses: +10.62017 Q1 · Q&A responses: +10.02017 Q2 · Q&A responses: +14.12017 Q3 · Q&A responses: +5.82017 Q4 · Q&A responses: +9.02018 Q1 · Q&A responses: +10.92018 Q2 · Q&A responses: +7.32018 Q3 · Q&A responses: +11.22018 Q4 · Q&A responses: +8.62019 Q1 · Q&A responses: +7.72019 Q2 · Q&A responses: +7.92019 Q3 · Q&A responses: +4.52019 Q4 · Q&A responses: +9.52020 Q1 · Q&A responses: +11.22020 Q2 · Q&A responses: +9.82020 Q3 · Q&A responses: +13.52020 Q4 · Q&A responses: +15.12021 Q1 · Q&A responses: -1.72021 Q2 · Q&A responses: +4.82021 Q3 · Q&A responses: +7.52021 Q4 · Q&A responses: +8.42022 Q1 · Q&A responses: +5.42022 Q2 · Q&A responses: +9.62022 Q3 · Q&A responses: +5.22022 Q4 · Q&A responses: +9.52023 Q1 · Q&A responses: +8.62023 Q2 · Q&A responses: +11.22023 Q3 · Q&A responses: +14.32023 Q4 · Q&A responses: +15.82024 Q1 · Q&A responses: +14.32024 Q2 · Q&A responses: +18.82024 Q3 · Q&A responses: +17.12024 Q4 · Q&A responses: +14.52025 Q1 · Q&A responses: +11.82025 Q2 · Q&A responses: +14.62025 Q3 · Q&A responses: +12.52025 Q4 · Q&A responses: +15.0
Prepared remarksQ&A responses

Tone vs forward expectations

Management tone next to Wall Street's forward-looking numbers (glopardo): the 12-month forward EPS estimate and the forward P/E per call.

Forward EPS estimate

$1.08$2.95$4.812007 Q32010 Q42013 Q12015 Q22017 Q32019 Q42022 Q12024 Q22014 Q1: $1.622014 Q2: $1.662014 Q3: $1.712014 Q4: $1.742015 Q1: $1.702015 Q2: $1.732015 Q3: $1.792015 Q4: $1.802016 Q1: $1.762016 Q2: $1.822016 Q3: $1.852016 Q4: $1.892017 Q1: $1.982017 Q2: $2.012017 Q3: $2.072017 Q4: $2.092018 Q1: $2.462018 Q2: $2.532018 Q3: $2.632018 Q4: $2.592019 Q1: $2.652019 Q2: $2.722019 Q3: $2.762019 Q4: $2.852020 Q1: $2.792020 Q2: $1.332020 Q3: $1.732020 Q4: $2.482021 Q1: $2.402021 Q2: $2.822021 Q3: $3.242021 Q4: $3.332022 Q1: $3.252022 Q2: $3.372022 Q3: $3.362022 Q4: $3.502023 Q1: $3.592023 Q2: $3.712023 Q3: $3.952023 Q4: $4.082024 Q1: $4.152024 Q2: $4.302024 Q3: $4.452024 Q4: $4.56

Forward P/E

12.5627.7642.952007 Q32010 Q42013 Q12015 Q22017 Q32019 Q42022 Q12024 Q22014 Q1: 18.622014 Q2: 16.762014 Q3: 17.492014 Q4: 18.742015 Q1: 20.042015 Q2: 18.952015 Q3: 19.992015 Q4: 20.002016 Q1: 21.642016 Q2: 20.822016 Q3: 20.012016 Q4: 20.482017 Q1: 20.032017 Q2: 18.192017 Q3: 17.752017 Q4: 17.692018 Q1: 16.652018 Q2: 18.722018 Q3: 20.822018 Q4: 16.872019 Q1: 19.802019 Q2: 19.902019 Q3: 20.392019 Q4: 21.232020 Q1: 14.662020 Q2: 40.852020 Q3: 33.072020 Q4: 26.832021 Q1: 28.122021 Q2: 23.092021 Q3: 21.422021 Q4: 21.952022 Q1: 19.222022 Q2: 17.082022 Q3: 19.152022 Q4: 22.632023 Q1: 20.642023 Q2: 21.512023 Q3: 23.502023 Q4: 22.522024 Q1: 23.622024 Q2: 25.612024 Q3: 26.352024 Q4: 26.61

Divergence watch ⚑

Quarters where tone and the forward EPS estimate moved opposite ways.

  • 2014 Q2 tone ↓ -2.8 fwd EPS ↑ +0.03 Tone cooled even as the forward EPS estimate rose.
  • 2014 Q4 tone ↓ -3.7 fwd EPS ↑ +0.03 Tone cooled even as the forward EPS estimate rose.
  • 2015 Q3 tone ↓ -3.9 fwd EPS ↑ +0.06 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q1 tone ↓ -3.8 fwd EPS ↑ +0.09 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q3 tone ↓ -6.7 fwd EPS ↑ +0.06 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q3 tone ↓ -3.7 fwd EPS ↑ +0.04 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q4 tone ↓ -2.4 fwd EPS ↑ +0.08 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q2 tone ↓ -2.7 fwd EPS ↑ +0.12 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q1 tone ↓ -3.7 fwd EPS ↑ +0.09 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q3 tone ↓ -2.9 fwd EPS ↑ +0.15 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q42025-02-26+16.3——View →
2025 Q32024-11-20+14.6——View →
2025 Q22024-08-21+18.7——View →
2025 Q12024-05-22+15.6——View →
2024 Q42024-02-28+18.8$4.5626.6View →
2024 Q32023-11-15+19.2$4.4526.4View →
2024 Q22023-08-16+22.2$4.3025.6View →
2024 Q12023-05-17+18.5$4.1523.6View →