TJX Cos. (TJX) Tops Q1 EPS by 8c, Revenue Misses, Offers Guidance

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Go back to TJX Cos. (TJX) Tops Q1 EPS by 8c, Revenue Misses, Offers Guidance

The TJX Companies, Inc. Reports Q1 FY23 Results; Marmaxx Comp Store Sales Increased 3%

May 18, 2022 7:30 AM EDT

Q1 FY23 GAAP pretax margin of 7.5% Q1 FY23 adjusted pretax margin of 9.4%, which excludes a 1.9 percentage point charge related to a write-down of the Companys minority investment in Familia, was above the Companys plans FY23 GAAP pretax margin outlook of 9.2% to 9.4%; increasing FY23 adjusted pretax margin outlook to 9.6% to 9.8% Q1 FY23 Marmaxx comp store sales increased 3% over a 12% open-only comp store sales increase last year Q1 Marmaxx comp increase driven by customer... More