Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Two Retail Safe Havens: TJX Companies and Bed Bath & Beyond

By

Despite political warfare and tepid job growth threatening the retail sector, these two companies have advantages over their peers.

PrintPRINT
Bed Bath & Beyond (NASDAQ:BBBY) operates a chain of 1,471 domestic retail stores under the names Bed Bath & Beyond, Harmon and Harmon Face Values, and World Market in all 50 states in the US and Canada.

Bed Bath & Beyond's comparable store sales have grown at a rate of 5% from 2009 to 2012, and the firm was able to register 2.5% store sales growth, even as the US retail market remained weak.

During the quarter, the company repurchased about $257 million of its stock, or about 3.5 million shares. It still has a $1.8 billion remaining balance authorized on its repurchase program.

The housing market's continued recovery will translate into more good news for this domestic giant, especially since one of its previous competitors-the now bankrupt Linens n' Things-continues to liquidate its assets.

Its P/E ratio stands at a bargain of 15.8, well-below the industry average of 24.3. While the company waits for the retail market to recover, it's benefiting from a steady housing market that will only get stronger as economic recovery speeds up.

Editor's Note: This Personal Finance article by Khoa Nguyen was originally syndicated by MoneyShow.

Below, find some more great investing and trading content from MoneyShow:

Five Dividend Stocks With Growth Potential

Global Guru Eyes Drug and Internet Plays

Three Scenarios for Gold

Twitter: @TopProsTopPicks
No positions in stocks mentioned.
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.
PrintPRINT
 
Featured Videos

WHAT'S POPULAR IN THE VILLE