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

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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

May 21, 2019 8:15 AM EDT

Consolidated comp store sales increased 5%, over last years 3% increase Customer traffic was the primary driver of the consolidated comp sales increase and was up at all four major divisions Net sales increased 7% to $9.3 billion Diluted EPS of $.57 Increased Fiscal 2020 EPS guidance Returned $589 million to shareholders in the first quarter through share repurchases and dividends Increased the Companys quarterly dividend by 18% in the... More