The TJX Companies (TJX)

anbax · 5 Abril, 2020 20:23

Parece que por ahora solo @ruindog y dividendgrowthinvestor se han dado cuenta

TJX Companies (TJX) se une al club

https://investor.tjx.com/static-files/27dc4bac-7c30-4478-86f7-4c076dddd9b4

(pag. 17)
For example, as a result of the ongoing COVID-19 pandemic, we temporarily closed our stores beginning in March 2020. We also suspended our share repurchase program. In addition the Company does not intend to declare a dividend for the first quarter of fiscal 2021, and we continue to evaluate our dividend program in the near term.

(pag. 26)
In addition, we have taken several steps to further strengthen our financial position and balance sheet, and maintain financial liquidity and flexibility, including suspending our share repurchase program, reviewing operating expenses, evaluating merchandise purchases, reducing capital expenditures and
drawing down $1.0 billion on our revolving credit facilities.

In addition, we do not intend to declare a dividend for the first quarter of fiscal 2021. We
continue to evaluate our dividend program in the near term, while we remain committed to paying our dividends whenever the environment normalizes for the long term . We also withdrew our first quarter and full year fiscal 2021 financial guidance given on our February 26, 2020 earnings conference call. The Company is not providing an updated outlook at this time.