TJX raises annual profit forecast as off-price stores attract bargain hunters [Globe and Mail, The (Toronto, Canada)]
TJX Companies, Inc. (The) (TJX)
Last tjx companies, inc. (the) earnings: 2/26 08:00 am
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Source: Globe and Mail, The
TJX Cos TJX-N decrease raised its annual profit forecast on Wednesday, helped by lower costs and strong demand from cash-strapped customers flocking to its off-price stores for products such as apparel and footwear. The company expects annual earnings per share of $4.15 to $4.17, compared with its prior forecast of $4.09 to $4.13. The TJ Maxx and Marshalls parent has hit the right spot with customers still hunting for value and better deals even as inflationary pressures have eased, driving steady traffic and sales at the company's outlets. The company's quarterly net sales rose to $14.1-billion, from $13.27-billion a year earlier. analysts on average expected sales of $13.95-billion, according to data compiled by LSEG. TJX's shares, which are up 28 per cent this year, were flat in premarket trading. Sign up for our new Business Brief newsletter. A daily look at the most important business stories that are making news and moving markets, written by Chris Wilson-Smith
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News
- TJ Maxx CEO says company could benefit from Trump's proposed tariffs [FOX Business Network]FOX Business Network
- The TJX Companies, Inc. (NYSE: TJX) had its price target raised by analysts at TD Cowen from $130.00 to $132.00. They now have a "buy" rating on the stock.MarketBeat
- The TJX Companies, Inc. (NYSE:TJX) Third-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For Next Year [Yahoo! Finance]Yahoo! Finance
- Yahoo Finance [Yahoo! Finance]Yahoo! Finance
- TJX Positioned For Market Share Gains: Analyst Notes Momentum In Sales And Margin Expansion [Yahoo! Finance]Yahoo! Finance
TJX
Earnings
- 11/20/24 - Beat
TJX
Sec Filings
- 11/22/24 - Form 4
- 11/22/24 - Form 144
- 11/20/24 - Form 8-K
- TJX's page on the SEC website