TJX Cos. (TJX) shares dip after missing guidance expectations
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Qtrex Quantum executives plan to buy up to 2M shares over 12 months
T.J. Maxx parent raises profit view as cost pressures ease
May 17, 2023 7:39 AM EDTBy Granth Vanaik
(Reuters) - TJX Cos Inc lifted its annual profit forecast on Wednesday, banking on easing cost pressures to cushion a pullback in consumer spending on discretionary items.
The T.J. Maxx parent also missed first-quarter revenue estimates and joined bigger retailer Target Corp in forecasting a downbeat second quarter as sticky inflation forces consumers to rethink non-essential purchases such as furniture and kitchenware.
... MoreTJX Cos. (TJX) Tops Q1 EPS by 5c
May 17, 2023 7:38 AM EDTTJX Cos. (NYSE: TJX) reported Q1 EPS of $0.76, $0.05 better than the analyst estimate of $0.71. Revenue for the quarter came in at $11.8 billion versus the consensus estimate of $11.81 billion.
Overall Comp Store Sales Growth of 3%GUIDANCE:
TJX Cos. sees Q2 2024 EPS of $0.72-$0.75, versus the consensus of... More
Housing starts, Target earnings, Take-Two: 3 things to watch
May 16, 2023 4:18 PM EDTInvesting.com -- Stocks were wobbling on Tuesday as investors await news on negotiations between lawmakers on raising the nation's debt ceiling, as the deadline for the U.S. to avoid a possible default draws swiftly near.
The lawmakers met at the White House on Tuesday amid a sense of urgency. President Joe Biden, who has urged them to raise the debt ceiling without attaching spending conditions, is scheduled to leave for Japan tomorrow for the annual summit of G-7 world... More
