TJX Companies, Inc. (TJX) Q4 2023 Earnings Call Transcript

TJX Companies, Inc. (NYSE:TJX) Q4 2023 Earnings Conference Call February 22, 2023 11:00 AM ET

Company Participants

Ernie Herrman - CEO, President & Director

Debra McConnell - SVP, Global Communications

John Klinger - EVP & CFO

Conference Call Participants

Michael Binetti - Crédit Suisse

Omar Saad - Evercore ISI

Lorraine Hutchinson - Bank of America Merrill Lynch

Matthew Boss - JPMorgan Chase & Co.

Paul Lejuez - Citigroup

Brooke Roach - Goldman Sachs Group

Marni Shapiro - The Retail Tracker

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the TJX Companies Fourth Quarter Fiscal 2023 Financial Results Conference Call. [Operator Instructions]. As a reminder, this conference call is being recorded as of today, February 22, 2023.

I would now like to turn the conference over to Mr. Ernie Herrman, Chief Executive Officer and President of The TJX Companies, Inc. Please go ahead, sir.

Ernie Herrman

Thanks, Ivy. Before we begin, Deb has some opening comments.

Debra McConnell

Thank you, Ernie, and good morning.

The forward-looking statements we make today about the company's results and plans are subject to risks and uncertainties that could cause the actual results and the implementation of the company's plans to vary materially. These risks are discussed in the company's SEC filings, including, without limitation, the Form 10-K filed March 30, 2022. Further, these comments and the Q&A that follows are copyrighted today by The TJX Companies, Inc. Any recording, retransmission, reproduction or other use of the same for profit or otherwise without prior consent of TJX is prohibited and a violation of United States copyright and other laws.

Additionally, while we have approved the publishing of a transcript of this call by a third party, we take no responsibility for inaccuracies that may appear in that transcript.

We have detailed the impact of foreign exchange on our consolidated results and our international divisions in today's press release and the Investors section of our website tjx.com. Reconciliations of other non-GAAP measures we discuss today to GAAP measures are also posted on our website, tjx.com, in the Investors section.

Thank you. And now I'll turn it back over to Ernie.

Ernie Herrman

Good morning. Joining me and Deb on the call is John Klinger. As we announced last quarter, John has been promoted to CFO. John will be covering the financials on the call and taking your financial questions today and going forward. continues in the SVP role [indiscernible] of Finance role with more of a focus on corporate areas like business development and real estate. I'm very pleased that our company will continue to benefit from both of their financial expertise and decades of TJX experience and leadership.