TJX Companies (TJX) Sept Comps Rise 7%; Boosts Q3 and Q4 EPS Guidance

The TJX Companies, Inc. (NYSE: TJX) said September consolidated comparable store sales increased 7%.

TJX now expects third quarter diluted earnings per share from continuing operations to be in the range of $.71 to $.74, versus the consensus of $0.68. This range is based upon a raised expectation for October consolidated comparable store sales to an increase of 5% to 6%.

TJX also said it now expects fourth quarter diluted earnings per share from continuing operations to be in the range of $.60 to $.66, versus the consensus of $0.64. This range is based upon a raised expectation for fourth quarter consolidated comparable store sales to an increase of 3% to 5%.

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