UPDATE: TJX Cos. (TJX) Reports GAAP Q1 EPS of 1.13

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Go back to UPDATE: TJX Cos. (TJX) Reports GAAP Q1 EPS of 1.13

The TJX Companies, Inc. Reports Above-Plan Q1 FY19 Comp Sales Growth of 3% and Exceeds EPS Expectations; Updates Full-Year Guidance to Reflect Strong Q1 Results

May 22, 2018 8:35 AM EDT

Net sales increased 12% to $8.7 billion, over last years 3% increase Consolidated comp store sales increased 3% GAAP diluted EPS of $1.13, compared with $.82 in the prior year Adjusted diluted EPS of $.96, which excludes a $.17 benefit due to items related to the 2017 Tax Cuts and Jobs Act (primarily the lower U.S. corporate income tax rate), compared with $.82 in the prior year Adjusted diluted EPS $.09 above the high-end of the Companys plan primarily due to better than expected operating results... More