TJX and the salsa bowl of doomTJ max isnt expensive, 26 PE and 15 ish price to book. gross profit margin 27%. Net income margin 7%
With walmart and home depot warning about weakening consumer and saying guidance is flat for 2024, will the trend squeeze on TJX margins and sales revenue? They already missed earnings most recently.
The salsa bowl of doom says TJX may be showing profit taking in the price action.
