Wedbush Starts The TJX Companies (TJX) at Neutral
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TJX Cos. (TJX) Misses Q4 EPS by 2c; Plans Larger Buybac, Dividend; Guides Q1, FY15 EPS
February 26, 2014 8:46 AM ESTTJX Cos. (NYSE: TJX) reported Q4 EPS of $0.81, $0.02 worse than the analyst estimate of $0.83. Revenue for the quarter came in at $7.8 billion versus the consensus estimate of $7.86 billion.
Consolidated comparable store sales increased 3% over the prior year on a 13-week comparable basis.
The Company also announced today its plan to repurchase approximately $1.6 to $1.7 billion of TJX stock during the fiscal year ending January 31, 2015. With $970 million remaining at Fiscal 2014 year end under the Companys existing stock... More
