The TJX Companies, Inc. (NYSE:TJX) Q2 2024 Earnings Call Transcript

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That has become a smaller percent of our business only because, in many cases, the fashion there, if it isn’t right, we don’t tend to pack it away. But the pattern of what we’re seeing right now would tell us we’re going to be even a little bit — and now I’m talking massaging these by just a couple of points. We don’t do pendulum swings on our open to buy or how much we do upfront versus leaf for closeouts. Again, the closeouts and the opportunistic side of our business, that’s the bulk of our business, and that’s what we prioritize. And we see that, I would think, kicking up a notch over the next six to 12 months. I hope that answers your question.

Operator: That was our final question of the day.

Ernie Herrman : Okay. Thank you. I would like to thank everybody for joining us today. We look forward to updating you all again on our third quarter earnings call in November. Take care, everybody.

Operator: Ladies and gentlemen, that concludes your conference call for today. You may all disconnect. Thank you for participating.

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