Background Information 2016

Transcription

1 Background Information 2016

2 TJX A Portfolio of Four Major Off-Price Divisions Store Count Year End FY16 Avg. Store Size (sq. ft.) Primary Classifications Marmaxx 1 (U.S.) HomeGoods (U.S.) TJX Canada Winners HomeSense Marshalls 2, ,000 Family Apparel, Home 26,000 2 Home 28,000 24, ,000 Family Apparel, Home Home Family Apparel, Home TJX International T.K. Maxx (Europe) HomeSense (U.K. only) Trade Secret (Australia) ,000 21,000 22,000 Family Apparel, Home Home Family Apparel, Home TOTAL 3 3,614 1 T.J. Maxx and Marshalls 2 Stand alone stores 3 Total includes 8 Sierra Trading Post stores 2

3 What is Off-Price Retailing? Brand-name merchandise at great values Opportunistic buying Substantially lower prices than department and specialty store regular prices Rapidly changing assortments Lean inventory management Low cost structure 3

4 Consolidated Comp Store Sales Consolidated Comparable Store Sales % FY = Recessions Comparable store sales for fiscal years commencing in 2005 are on a constant currency basis. Prior years include the impact of foreign exchange to the extent it was applicable. 4

5 Who Is Our Core Customer? Female Between years old Middle to upper-middle income Fashion and value conscious Shops high-end and moderate department / specialty stores and online 5

6 Differentiated Shopping Experience Great value = Brand Fashion Price Quality Rapidly changing assortments Treasure hunt experience 6

7 Global Sourcing Machine 18,000+ vendors Top 25 vendors approximately 20% of purchase universe Source product in more than 100 countries 1,000+ people in buying organization Over $30B in sales in FY16 7

8 Key TJX Success Factors Commitment to off-price value since the beginning World-class buying organization Strong, mutually beneficial vendor relationships Global supply chain and distribution network One of the most flexible retailers in the world Wide customer demographic reach Ability to leverage highly integrated international teams / infrastructure Successful growth in different economies and geographies Financial strength, excellent returns 8

9 The TJX Companies, Inc. Safe Harbor Statement UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: Various statements made in this presentation are forward-looking and involve a number of risks and uncertainties. All statements that address activities, events or developments that we intend, expect or believe may occur in the future are forward-looking statements. The following are some of the factors that could cause actual results to differ materially from the forward-looking statements: execution of buying strategy and inventory management; operational and business expansion and management of large size and scale; customer trends and preferences; various marketing efforts; competition; personnel recruitment, training and retention; labor costs and workforce challenges; data security; information systems and new technology; economic conditions and consumer spending; adverse or unseasonable weather; serious disruptions or catastrophic events; disruptions in the second half of the fiscal year; corporate and retail banner reputation; quality, safety and other issues with merchandise; expanding international operations; merchandise importing; commodity availability and pricing; fluctuations in currency exchange rates; fluctuations in quarterly operating results and market expectations; mergers, acquisitions, or business investments and divestitures, closings or business consolidations; compliance with laws, regulations and orders and changes in laws, regulations and applicable accounting standards; outcomes of litigation, legal proceedings and other legal or regulatory matters; tax matters; real estate activities; cash flow and other factors that may be described in our filings with the Securities and Exchange Commission. We do not undertake to publicly update or revise our forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied in such statements will not be realized. 9