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

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

August 17, 2022 7:30 AM EDT

Q2 FY23 pretax profit margin of 9.2% was above the Companys plan Q2 FY23 diluted earnings per share of $.69 were at the high-end of the Companys plan Q2 FY23 U.S. comp store sales decreased 5% versus a 21% U.S. open-only comp store sales increase last year Q2 FY23 comp store sales for Marmaxxs overall apparel business were slightly positive versus last year Returned over $1.0 billion to shareholders in Q2 FY23 through share repurchases and dividends Increases full... More