As you notice I could not be bothered to wait for the "pretty" annual report and instead I went to the 10-K from SEC to get the data that I needed.
To read the report in full please go here, for my previous summary please visit TJX annual report 2016 and to find out more about TJX then please click on analysis of TJX 2017.
In the brief income statement below we can see that TJX continue their wonderful growth rate taking by stepping into one country after another. They have now also started to step into the Australian market. The revenu increased form 33.1 to 35.9 billion USD. Very good! When it comes to earnings they went from 2.3 to 2.6 billion USD which has lead to them making a dividend increase of 25%. To be fair though... their dividend payments have always been tiny so 25% of something that was almost nothing is still pretty much nothing.
Conclusion: TJX continue to do well and their strategy and market share is growing at a rapid yet sustainable rate. I am very pleased with this investment and will remain as a shareholder.
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