TJX Cos. (TJX) Tops Q4 EPS by 4c, Comps Increase 6%, Offers Q1 and FY Guidance

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Go back to TJX Cos. (TJX) Tops Q4 EPS by 4c, Comps Increase 6%, Offers Q1 and FY Guidance

The TJX Companies, Inc. Reports Above-Guidance Q4 and FY20 Results; Q4 Comp Sales Up 6%, Q4 EPS of $.81, FY20 Comp Sales Up 4%, and FY20 EPS of $2.67; Announces Plans to Increase Dividend 13% and to B

February 26, 2020 8:00 AM EST

Q4 consolidated comparable store sales increase of 6%, well above the Companys guidance of a 2% to 3% increase, and over last years 6% growth Q4 diluted EPS of $.81, well above the Companys guidance of $.74 to $.76, and a 19% increase over last years $.68 Customer traffic was the primary driver of the comp store sales increase at all four major divisions for Q4 and FY20 Q4 net sales increased 10% to $12.2 billion FY20 consolidated comp store sales increase of 4%, above the Companys guidance of a 3% increase, and... More