TJX Cos. (TJX) Tops Q2 EPS by 9cm, Comps Increase 20%, Sales Very Strong to Start Q3

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The TJX Companies, Inc. Reports Above-Plan Q2 FY22 Sales and Profit Results; Q2 FY22 Overall Open-Only Comp Store Sales Increased 20% Versus Q2 FY20

August 18, 2021 7:30 AM EDT

Q2 FY22 overall open-only comp store sales increased 20% over Q2 FY20 Q2 FY22 net sales were $12.1 billion, an increase of 23% compared to Q2 FY20 Q2 FY22 total segment profit grew by $336 million to $1.5 billion, a 29% increase compared to Q2 FY20 Q2 FY22 diluted earnings per share were $.64, which includes a debt extinguishment charge of $.15 per share, compared to earnings per share of $.62 in Q2 FY20 The Company estimates that temporary store closures for approximately 3% of the second quarter, primarily stores in Canada,... More