TJX Cos. (TJX) Reports Positive GM Results Despite FX and Increased Costs; Cowen Reiterates Outperform

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TJX Cos. (TJX) Reports 3Q EPS Beat; Wedbush Reiterates Outperform

November 18, 2015 7:33 AM EST

Wedbush reiterated an Outperform rating and $80.00 price target on The TJX Companies (NYSE: TJX) following the company's 3Q16 earnings report. TJX reported EPS of $0.86, above consensus of $0.84. TJX numbers were generally viewed as a positive read across to ROST. The EPS upside, solid underlying... More

TJX Companies (TJX) Bullish Stance Reiterated at Stifel Followign Solid Q3

November 17, 2015 2:11 PM EST

Stifel analyst Richard Jaffe reiterated a Buy rating and $85 price target on The TJX Companies (NYSE: TJX) following solid Q3 results.

Jaffe commented, "TJ Maxx reported 3Q EPS of $0.86 ($0.02 above consensus and $0.04 above our estimate) a 2% increase vs. $0.85 LY. 3Q EPS growth was... More

TJX raises same-store sales forecast as shoppers hunt for deals

November 17, 2015 10:45 AM EST

(Reuters) - TJX Cos Inc (NYSE: TJX), the owner of off-price chains TJ Maxx and Marshalls, reported a bigger-than-expected rise in quarterly comparable store sales as more bargain-hungry shoppers visited its stores for apparel, accessories and household goods.

TJX also raised its comparable sales growth forecast for the year ending January, indicating healthy demand for the holiday shopping season, in contrast with full-price department stores such as Macy's Inc (NYSE: M) and Nordstrom Inc (NYSE: JWN), which cut their forecasts last... More

Stifel Bullish on Holiday Shopping Season Prospects for TJX Cos. (TJX); Reaffirms at 'Buy'

November 17, 2015 10:10 AM EST

Stifel reaffirms TJX Companies (NYSE: TJX) with a Buy rating and $85 price target following Q3 results, but light Q4 guidance amid FX headwinds.

Analyst Richard Jaffe noted that TJX Q3 EPS of $0.86 topped the firm's outlook and was negatively impacted $0.04 on... More

UPDATE: TJX Cos. (TJX) Tops Q3 EPS by 2c; Comps Outpace

November 17, 2015 8:31 AM EST

(Updated - November 17, 2015 8:36 AM EST)

TJX Cos. (NYSE: TJX) reported Q3 EPS of $0.86, $0.02 better than the analyst estimate of $0.84. Revenue for the quarter came in at $7.8 billion versus the consensus estimate of $7.73 billion.

Comps rose 5 percent, versus estimates of a 3.9 percent... More