TJX Cos. (TJX) Tops Q1 EPS by 16c, Open-only Comp Store Sales Increased 16%

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Go back to TJX Cos. (TJX) Tops Q1 EPS by 16c, Open-only Comp Store Sales Increased 16%

The TJX Companies, Inc. Reports Q1 FY22 Results Well Above Plan With Overall Open-Only Comp Store Sales Up 16% Versus Q1 FY20 and Earnings Per Share Of $.44

May 19, 2021 8:04 AM EDT

Q1 FY22 overall open-only comp store sales increased 16% compared to Q1 FY20 Q1 FY22 diluted earnings per share were $.44 Q1 FY22 net sales were $10.1 billion, an increase of 129% compared to Q1 FY21 and an increase of 9% compared to Q1 FY20 The Company estimates that temporary store closures for approximately 14% of the first quarter, primarily stores in Europe and Canada, negatively impacted Q1 FY22 sales by approximately $1.1 billion to $1.2 billion and EPS by approximately $.21 to $.24 (see below) In April, redeemed $750... More