TJ Maxx CEO says company could benefit from Trump's proposed tariffs
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TJX Companies CEO Ernie Herrman stated that the company could benefit from President-elect Trump's proposed tariffs on imported goods, as discussed during an earnings call.
November 22, 2024 | 6:45 pm
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TJX Companies CEO Ernie Herrman indicated that the company might gain from Trump's proposed tariffs on imports, potentially leading to a competitive advantage.
The CEO's statement suggests that TJX could leverage the tariffs to gain a competitive edge, possibly by sourcing more domestically or benefiting from competitors' increased costs. This could positively impact TJX's stock price in the short term.
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