TJX reports excellent, above plan results. Comparable store sales were up 3%, which were driven by an increase in customer transaction.
As consumers continue to spend cautiously, TJX is seeing bargain shoppers seek the surprise and delight of its stores' luck-of-the-draw format, bringing joy in a financially stressful time.
As consumers continue to spend cautiously, TJX is seeing bargain shoppers seek the surprise and delight of its stores' luck-of-the-draw format, bringing joy in a financially stressful time.
The TJX Companies, Inc. (NYSE:TJX ) Q1 2025 Results Conference Call May 22, 2024 11:00 AM ET Company Participants Ernie Herrman - Chief Executive Officer and President Deb McConnell - SVP, Global Communications John Klinger - EVP & CFO Conference Call Participants Matthew Boss - JPMorgan Lorraine Hutchinson - Bank of America Brooke Roach - Goldman Sachs Ike Boruchow - Wells Fargo Paul Lejuez - Citigroup Michael Binetti - Evercore Adrienne Yih - Barclays Jay Sole - UBS Aneesha Sherman - Bernstein Laura Champine - Loop Capital Dana Telsey - Telsey Group Marni Shapiro - Retail Tracker Operator Ladies and gentlemen, thank you for standing by. Welcome to the TJX Companies First Quarter Fiscal 2025 Financial Results Conference Call.
TJX Companies NYSE: TJX industry-leading position in off-price retail and quality operations will soon lead its stock price to new heights. Like Walmart NYSE: WMT, TJX Companies benefits from the high inflation and interest rate environment because shoppers are still flush but turning more to value and opportunity than ever before.
TJX Companies NYSE: TJX industry-leading position in off-price retail and quality operations will soon lead its stock price to new heights. Like Walmart NYSE: WMT, TJX Companies benefits from the high inflation and interest rate environment because shoppers are still flush but turning more to value and opportunity than ever before.
TJX stock is higher Wednesday after the off-price retailer's beat-and-raise quarter. Here's what you need to know.
TJX Companies (TJX) shares soared to a record high Wednesday as the discount clothing and home goods retailer reported better-than-expected quarterly profit and boosted its guidance as comparable store sales advanced across all its divisions.
The TJX Companies' (TJX) first-quarter fiscal 2025 results reflect comparable store sales growth in all segments, driven by improved customer transactions. Management ups the EPS view for FY25.
The headline numbers for TJX (TJX) give insight into how the company performed in the quarter ended April 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
TJX (TJX) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.76 per share a year ago.
The parent of discount chains TJ Maxx and Marshalls raised its outlook, but numbers were still lighter than what Wall Street was expecting for TJX.