TJX Companies Guides Q2 EPS Below Estimates; Boost FY24 EPS Outlook - Update

RTTNews | 24 days ago
Stocktwits
TJX Companies Guides Q2 EPS Below Estimates; Boost FY24 EPS Outlook - Update

(RTTNews) - While reporting financial results for the first quarter on Wednesday, off-price retailer TJX Companies, Inc. (TJX) provided its earnings and comparable store sales outlook for the second quarter and raised earnings outlook for the full-year 2024.

For the second quarter, the company now expects earnings in a range of $0.88 to $0.90 per share on consolidated comparable store sales growth of 2 to 3 percent.

Looking ahead to fiscal 2024, the company now projects earnings in a range of $4.03 to $4.09 per share on consolidated comparable store sales growth of 2 to 3 percent.

Previously, the company expected earnings in the range of $3.94 to $4.02 per share on consolidated comparable store sales growth of 2 to 3 percent.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $0.94 per share for the quarter and $4.10 per share for the year. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Tags: TJX
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CPSC Recalls: Snowmobiles, Bicycles, Coolers, Kids' Pants, Bracelets, Mattresses, Magnetic Balls

CPSC Recalls: Snowmobiles, Bicycles, Coolers, Kids' Pants, Bracelets, Mattresses, Magnetic Balls

The U.S. Consumer Product Safety Commission or CPSC has announced recalls including snowmobiles, LaBomba bicycles, Coolers, pants sets, Fossil Bracelets, crib mattresses, and magnetic ball sets citing various reasons. The recall involves about 2,700 units of Textron Specialized Vehicles' Arctic Cat Catalyst 600 Snowmobiles for injury risk; about 3,040 units of GT Bicycles LLC's LaBomba Bicycles
RTTNews | 99 days ago
TJX Companies Boosts FY24 Outlook - Update

TJX Companies Boosts FY24 Outlook - Update

While reporting financial results for the third quarter on Wednesday, off-price retailer TJX Companies, Inc. (TJX) trimmed its earnings outlook for the fourth quarters, while raising its earnings guidance for the full-year 2024.
RTTNews | 213 days ago
Target, TJX Q2 Earnings Top Estimates

Target, TJX Q2 Earnings Top Estimates

Retailers Target and TJX reported Wednesday profits for the second quarter that topped analysts' estimates. Profit soared more than four-fold at Target, reflecting improved gross margins, despite a 4.9 percent drop in revenues. Profit at TJX grew from last year, driven by improved gross margins and revenue growth.
RTTNews | 304 days ago
TJX Companies Boosts FY24 Outlook - Update

TJX Companies Boosts FY24 Outlook - Update

While reporting financial results for the second quarter on Wednesday, off-price retailer TJX Companies, Inc. (TJX) provided its earnings outlook for the third and fourth quarters, while raising its earnings guidance for the full-year 2024.
RTTNews | 304 days ago
Target, TJX Q1 Earnings Top Estimates

Target, TJX Q1 Earnings Top Estimates

Discount retailer Target Corp. and off-price retailer TJX Cos. Inc. reported Wednesday a profit for the first quarter that topped analysts' estimates. Profit declined 5.8 percent at Target, reflecting higher expenses and provision for income taxes, despite a 0.6 percent growth in revenues. Profit at TJX surged from last year, driven by improved gross margins and revenue growth.
RTTNews | 395 days ago
TJX Companies Boosts FY24 Earnings Outlook - Update

TJX Companies Boosts FY24 Earnings Outlook - Update

While reporting financial results for the first quarter on Wednesday, off-price retailer TJX Companies, Inc. (TJX) provided its earnings outlook for the second quarter, while raising its earnings guidance for the full-year 2024.
RTTNews | 395 days ago
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