TJX Cos. (TJX) shares dip after missing guidance expectations
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The TJX Companies, Inc. Reports Q1 FY24 Results; Above Plan Pretax Profit Margin of 10.3% and EPS of $.76; Overall Comp Store Sales Growth of 3% and Marmaxx Comp Store Sales Growth of 5%; Increases FY
May 17, 2023 7:35 AM EDTQ1 FY24 pretax profit margin was 10.3%, well above the Companys plan Q1 FY24 diluted earnings per share were $.76, well above the Companys plan Q1 FY24 overall comp store sales increased 3%, at the high-end of the Companys plan, driven by an increase in customer traffic Q1 FY24 comp store sales at Marmaxx increased 5%, driven by very strong sales in apparel and accessories categories Returned $841 million to shareholders in Q1 FY24 through share repurchases and dividends Increases... More
