TJX Cos. (TJX) Tops Q3 EPS by 4c, Offers Guidance

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The TJX Companies, Inc. Reports Above Plan Q3 FY24 Comp Store Sales Growth of 6%, Pretax Profit Margin of 12.0%, and Diluted Earnings Per Share of $1.03; Increases FY24 Comp Store Sales and Earnings P

November 15, 2023 7:30 AM EST

Q3 FY24 overall comp store sales increased 6%, well above the Companys plan, and were entirely driven by customer traffic Q3 FY24 comp store sales increased 7% at Marmaxx and increased 9% at HomeGoods; both comp store sales increases were entirely driven by customer traffic Q3 FY24 pretax profit margin was 12.0%, up 0.8 percentage points versus last year and above the Companys plan Q3 FY24 diluted earnings per share were $1.03, above the Companys expectations; diluted earnings per share were up 13% versus last years $.91, and up 20% versus last years... More