TJX Cos. (TJX) Tops Q1 EPS by 8c, Revenue Misses, Offers Guidance
- Wall St opens flat ahead of Easter break, eyes sharp Q1 gains
- Home Depot agrees to buy SRS Distribution, sees TAM expanding to $1 trillion
- Stocks head into quarter-end on the up; yen on intervention watch
- Dollar gains as inflation data looms; yen on intervention watch
- Piper Sandler: Stock rally likely to continue on rising recession risks
- AMC Entertainment (AMC) enters into an equity distribution agreement
- Discover Financial Services (DFS) Announces CEO Resignation
- Timken (TKR) Appoints Tarak Mehta as New CEO
- Crude Inventory Increases 3.2 Million Barrels
- Intuitive Machines (LUNR) Files for $300M Share Offering, 160M Share Offering by Selling Stockholders
The TJX Companies, Inc. Reports Q1 FY23 Results; Marmaxx Comp Store Sales Increased 3%
May 18, 2022 7:30 AM EDTQ1 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