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

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