TJX Companies, Inc. (The) (TJX) Covered Calls
The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions worldwide. Operating banners like T.J. Maxx, Marshalls, and HomeGoods, TJX leverages a global buying strategy to offer brand-name merchandise at significant discounts. By 2026, the firm is executing a major global expansion, headlined by its spring 2026 debut in Spain and a long-term goal of reaching 7,000 stores across its international markets.
You can sell covered calls on TJX Companies, Inc. (The) to lower risk and earn monthly income. Born To Sell's covered call screener gives you customized search capabilities across all possible covered calls but here are a couple of examples for TJX (prices last updated Tue 4:16 PM ET):
| TJX Companies, Inc. (The) (TJX) Stock Quote | ||||||
|---|---|---|---|---|---|---|
| Last | Change | Bid | Ask | Volume | P/E | Market Cap |
| 156.97 | +2.51 | 156.69 | 157.00 | 5.5M | 34 | 172 |
| Covered Calls For TJX Companies, Inc. (The) (TJX) | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Net Debit | Return If Flat |
Annualized Return If Flat |
|
| Feb 20 | 157.5 | 1.08 | 155.92 | 0.7% | 63.9% | |
| Mar 20 | 155 | 5.90 | 151.10 | 2.6% | 29.7% | |
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Core Business and Products
TJX operates a flexible, "treasure hunt" retail model that thrives on opportunistic inventory acquisition. In 2026, the company continues to leverage its massive vendor network to maintain a fresh, rapidly rotating product mix. Their primary segments include:
- Marmaxx (U.S.): The company's largest division, consisting of T.J. Maxx and Marshalls. In 2026, Marmaxx remains the core profit driver, focusing on high-traffic urban locations and expanded "The Runway" luxury sections.
- HomeGoods (U.S.): A leader in the off-price home fashion space. This segment is capitalizing on the 2026 rebound in home decor demand through its HomeGoods and Homesense banners.
- TJX Canada: Encompassing Winners, HomeSense, and Marshalls, this division dominates the Canadian off-price market with consistent foot traffic and high sales density.
- TJX International: Operating TK Maxx and Homesense in Europe and Australia. The marquee 2026 initiative is the Spanish Market Entry, with the first flagship store opening in Barcelona in spring 2026.
Competitive Landscape
TJX sits at the top of the off-price hierarchy, using its scale to outbid smaller rivals for premium closeout inventory. Its primary direct competitors with liquid options include Ross Stores and Burlington Stores. In the broader discount space, it competes for value-conscious shoppers against Walmart and Target. Within specific categories, it rivals apparel retailers like Gap Inc. and home specialists such as Williams-Sonoma. Despite the dominance of e-commerce, TJX’s tactile shopping experience remains a resilient moat against Amazon.
Strategic Outlook and Innovation
The 2026 strategic roadmap for TJX is defined by "Operational Excellence and Global Growth." Under CEO Ernie Herrman, the company enters 2026 with a fortified $9.4 billion inventory position, allowing it to navigate supply chain shifts more effectively than traditional department stores. Innovation is driven by AI-Optimized Merchandising, which tailors store assortments to local neighborhood demographics with surgical precision. A major 2026 financial priority is the $3.1 billion capital return program, highlighting the firm's robust cash flow. As it scales toward 7,000 stores, TJX is focusing on "low-impact" logistics and renewable energy for its distribution centers. With over 25 years of consecutive dividend increases, TJX remains a premier "defensive growth" stock for investors seeking exposure to the enduring consumer demand for value.
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