The TJX Companies, Inc. Reports Q2 FY23 Results; Q2 Pretax Profit Margin Above Company’s Plan; Increases Full Year FY23 Pretax Profit Margin Outlook

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Go back to The TJX Companies, Inc. Reports Q2 FY23 Results; Q2 Pretax Profit Margin Above Company’s Plan; Increases Full Year FY23 Pretax Profit Margin Outlook

The TJX Companies (TJX) PT Raised to $77 at Cowen

August 18, 2022 6:28 AM EDT

Cowen analyst John Kernan raised the price target on The TJX Companies (NYSE: TJX) to $77.00 (from $72.00) while maintaining an Outperform rating following earnings. The analyst notes that management is bulled up on inventory availability and merch margin opportunity.

The analyst commented, "Management's... More

TJX Cos. (TJX) Tops Q2 EPS by 2c, Trims FY Guidance

August 17, 2022 7:32 AM EDT

TJX Cos. (NYSE: TJX) reported Q2 EPS of $0.69, $0.02 better than the analyst estimate of $0.67. Revenue for the quarter came in at $11.8 billion versus the consensus estimate of $12.09 billion.

GUIDANCE:

TJX Cos. sees FY2023 EPS of $3.05-$3.13.

Updates full... More