The TJX Companies, Inc. Reports Strong Q3 FY23 Pretax Margin and Earnings Per Share; Marmaxx Comp Store Sales Increased 3%

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Go back to The TJX Companies, Inc. Reports Strong Q3 FY23 Pretax Margin and Earnings Per Share; Marmaxx Comp Store Sales Increased 3%

TJX Cos. (TJX) shares edge higher after topping Q3 earnings estimates

November 16, 2022 10:13 AM EST

TJX Cos. (NYSE: TJX) shares edged higher in early Wednesday trading after the company topped third-quarter profit estimates.

The company's shares are up 1.3% at the time of writing.

The off-price department store business reported earnings of $0.86 per share, $0.06 above the analyst estimate of $0.80, while revenue for the quarter came in at $12.2 billion versus the consensus estimate of $12.29 billion.

US comparable store sales decreased by 2%, above the... More

TJX Cos. (TJX) Tops Q3 EPS by 6c, Offers Guidance

November 16, 2022 7:37 AM EST

TJX Cos. (NYSE: TJX) reported Q3 EPS of $0.86, $0.06 better than the analyst estimate of $0.80. Revenue for the quarter came in at $12.2 billion versus the consensus estimate of $12.29 billion.

GUIDANCE:

TJX Cos. sees FY2023 EPS of $3.07-$3.11 vs $3.10 consensus.

For the full year Fiscal 2023, the Company is maintaining the high end of its outlook for adjusted pretax profit margin. The Company expects pretax profit margin to be 9.3% to 9.4% and adjusted pretax profit margin to be 9.8% to 9.9%. The... More