T.J. Maxx parent raises profit view as cost pressures ease

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TJX Cos. (TJX) shares dip after missing guidance expectations

May 17, 2023 7:58 AM EDT

TJX Cos. (NYSE: TJX) shares have tumbled premarket, down 2% after it missed revenue and guidance expectations.

While the company's first-quarter EPS came in at $0.76, $0.05 better than the analyst estimate of $0.71, revenue for the quarter came in at $11.8 billion, slightly below the consensus estimate of... More