TJX Cos. (TJX) Reports In-Line Q4 EPS, Offers Guidance

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The TJX Companies, Inc. Reports Q4 and Full Year FY24 Results; Q4 Comp Store Sales Growth of 5%, Pretax Profit Margin, and Diluted EPS All Above Plan; Expects to Increase Dividend by 13% and Buy Back

February 28, 2024 7:30 AM EST

Q4 consolidated comparable store sales increased 5%, above the Companys plan, and were entirely driven by an increase in customer transactions Q4 pretax profit margin of 11.2% and adjusted pretax profit margin of 10.9% were both well above the Companys plan Q4 diluted earnings per share of $1.22, up 37% versus last year and well above the Companys plan Q4 adjusted diluted earnings per share of $1.12, up 26% versus last year and well above the Companys plan Full year FY24 consolidated comparable store... More