ITEM 7.01. Regulation FD Disclosure.
On March 19, 2020, The TJX Companies, Inc. (the "Company") issued a press
release providing an update related to the COVID-19 pandemic, including the
closing of its stores for two weeks as well as the closing of certain of its
online businesses, distribution centers and offices, the drawing down of $1
billion from its revolving credit facilities and the suspending of its share
repurchase program, among other actions to further strengthen its financial
position and balance sheet and maintain financial liquidity and flexibility. The
Company also announced it is withdrawing its first quarter and full year Fiscal
2021 financial guidance given on its February 26, 2020 earnings conference call.
The full text of the Company's press release is attached hereto as Exhibit
99.1. On March 19, 2020, the Company also announced that while it is evaluating
its dividend in the near term, it remains committed to paying its dividends
whenever the environment normalizes for the long term.
The information contained in this Item 7.01, including Exhibit 99.1, is being
furnished and shall not be deemed to be "filed" for purposes of Section 18 of
the Securities Exchange Act of 1934, as amended (the "Exchange Act"), nor shall
it be deemed incorporated by reference into any filing under the Securities Act
of 1933, as amended, or the Exchange Act, except as shall be expressly set forth
by specific reference in such a filing.
ITEM 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit 99.1 Press Release of The TJX Companies, Inc. dated March 19, 2020.
Exhibit 104 The cover page from this Current Report on Form 8-K, formatted in
Inline XBRL.
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