Stifel Affirms TJX Cos. (TJX) at 'Buy' Following Q1 Report; Q2 Guidance Hiccup Doesn't Offset Favorable L-T Outlook

Go back to Stifel Affirms TJX Cos. (TJX) at 'Buy' Following Q1 Report; Q2 Guidance Hiccup Doesn't Offset Favorable L-T Outlook

TJX Cos. (TJX) Tops Q1 EPS by 2c, Comps Increase 5%, Offers Guidance

May 19, 2015 8:44 AM EDT

(Updated - May 19, 2015 8:46 AM EDT. Update corrects typo in Q2 EPS and adds comments.)

TJX Cos. (NYSE: TJX) reported Q1 EPS of $0.69, $0.02 better than the analyst estimate of $0.67. Revenue for the quarter came in at $6.87 billion versus the consensus estimate of $6.8 billion. Comps rose 5%.

TJX Cos. sees Q2 EPS of $0.72-$0.74, may not compare to consensus of $0.78. This EPS outlook is based upon estimated consolidated comparable store sales growth of 2% to 3%.

TJX Cos. sees FY2015 EPS of $3.21-$3.27, may not... More