Shares of TJX Companies Inc. TJX, +0.73% are up 4.2% in premarket trades after the discount apparel and home fashions retailer reported better-than-expected second-quarter results and raised its full-year guidance. The parent of T.J.Maxx, Marshalls and HomeGoods, reported net income of $1.1 billion, or 96 cents a share, after net income of $989 million, or 85 cents a share, in the prior year's quarter.
Off-price retailer TJX Cos raised annual profit forecast after beating quarterly results on Wednesday, banking on gains from easing costs and steady demand for its low-price apparel and accessories.
The TJX Companies, Inc. TJX is set to release earnings results for its second quarter, before the opening bell on Wednesday, Aug. 21.
The TJX Companies' (TJX) Q2 performance is likely to reflect gains from the company's off-price model, strategic store locations, impressive brands and efficient supply-chain management.
Beyond analysts' top -and-bottom-line estimates for TJX (TJX), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended July 2024.
TJX (TJX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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In the latest trading session, TJX (TJX) closed at $109.41, marking a +0.48% move from the previous day.
Retailers are about to take over the earnings confessional, with TJX Companies Inc (NYSE:TJX) slated to report second-quarter results before the open on Monday, Aug. 21.
Recently, Zacks.com users have been paying close attention to TJX (TJX). This makes it worthwhile to examine what the stock has in store.