Wage pressure hurt their margins by a little less than one %. And wall street responded pretty positively to that. i also think tha t j x is classified as something called an inferior good, which i don't like the name because i think it a mean, i'm sorry, that's the category for t j x? No, if you're talking about economics, you talk about the different classifications of good.
What's the Lipstick Effect? So glad you asked. (0:25) Maria Gallagher discusses: - TJX defying the recent trend of retailers struggling - How TJX can potentially smooth out its results in good economic times - Why she thinks beauty companies are the best examples of "Lipstick Effect" stocks
Plus we take a call from Bryan in Kansas City and talk about how to evaluate which stocks in your portfolio might be good candidates to add to.
Got a question for the show? Call our hotline: 703-254-1445
Stocks discussed: TJX, HSY, LVMUY, EL, PG, ULTA, UL
Host: Chris Hill Guests: Maria Gallagher Producer: Ricky Mulvey Engineers: Dan Boyd
Learn more about your ad choices. Visit megaphone.fm/adchoices