The TJX Companies, Inc. (TJX) CEO Ernie Herrman on Q2 2023 Results - Earnings Call Transcript

The TJX Companies, Inc. (NYSE:TJX) Q2 2023 Results Conference Call August 17, 2022 11:00 AM ET

Company Participants

Debra McConnell - SVP, Global Communications

Ernie Herrman - President and CEO

Scott Goldenberg - Sr. EVP and CFO

Conference Call Participants

Lorraine Hutchinson - Bank of America Merrill Lynch

Matthew Boss - JPMorgan

Kimberly Greenberger - Morgan Stanley

Paul Lejuez - Citi

Jay Sole - UBS

Brooke Roach - Goldman Sachs

Omar Saad - Evercore ISI

John Kernan - Cowen

Operator

Ladies and gentlemen, thank you for standing by. Welcome to The TJX Companies Second Quarter Fiscal 2023 Financial Results Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. [Operator Instructions] As a reminder, this conference call is being recorded, August 17, 2022.

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

Ernie Herrman

Thanks, Sheila. 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 the non-GAAP measures we discuss today to GAAP measures are 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 Scott Goldenberg. I’ll start today by once again thanking each of our global associates for their hard work. I truly appreciate their commitment to bringing our customers excellent value every day.