The TJX Companies (TJX) Reports In-Line Q1 EPS of $0.40; Guides Q2; Expects to Buyback $625M in FY10

The TJX Companies, Inc. (NYSE: TJX) reports Q1 EPS of $0.49, in-line with the analyst estimate of $0.49 and up 17% from $0.42 in the same quarter last year. Revenue for the quarter was $4.35 billion, versus the consensus of $4.32 billion.

Same store sales for the quarter rose 2%.

Added 28 stores during the quarter.

Expects to repurchase $625 million in stock during FY10.

Sees Q2 EPS of $0.43-$0.49, versus the consensus of $0.43.

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