TJX Cos. (TJX) Tops Q2 EPS by 9c, Offers Guidance

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Go back to TJX Cos. (TJX) Tops Q2 EPS by 9c, Offers Guidance

The TJX Companies, Inc. Reports Above Plan Q2 FY24 Comp Store Sales Growth of 6%, Pretax Profit Margin of 10.4%, and EPS Growth of 23%; Marmaxx Comp Store Sales up 8%; Increases FY24 Comp Store Sales,

August 16, 2023 7:30 AM EDT

Q2 FY24 overall comp store sales increased 6%, well above the Companys plan, and were entirely driven by customer traffic Q2 FY24 comp store sales at Marmaxx increased 8% and were entirely driven by customer traffic; saw very strong sales in both its apparel and home businesses Q2 FY24 pretax profit margin was 10.4%, up 1.2 percentage points versus last year and well above the Companys plan Q2 FY24 diluted earnings per share were $.85, up 23% versus last year and well above the Companys plan Returned... More