The TJX Companies, Inc. Reports Above-Plan Q1 FY20 Results with Comp Sales Growth of 5% and EPS of $.57; Raises Full-Year EPS Guidance

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Go back to The TJX Companies, Inc. Reports Above-Plan Q1 FY20 Results with Comp Sales Growth of 5% and EPS of $.57; Raises Full-Year EPS Guidance

The TJX Companies (TJX) PT Raised to $63 at Cowen

May 21, 2019 4:05 PM EDT

Cowen analyst John Kernan raised the price target on The TJX Companies (NYSE: TJX) to $63.00 (from $62.00) while maintaining a Outperform rating following results.

Kernan commented, "We remain impressed with TJX's ability to drive traffic across banners far in excess of retail... More

TJX Cos. (TJX) Tops Q1 EPS by 2c, Offers Q2 and FY Guidance

May 21, 2019 8:17 AM EDT

TJX Cos. (NYSE: TJX) reported Q1 EPS of $0.57, $0.02 better than the analyst estimate of $0.55. Revenue for the quarter came in at $9.3 billion versus the consensus estimate of $9.21 billion.

Consolidated comp store sales increased 5%, over last years 3% increase

GUIDANCE:

TJX Cos. sees Q2 2020 EPS of $0.61-$0.62, versus the consensus of $0.62.

For the second quarter of Fiscal 2020,... More