TJX Companies (TJX) stock jumped higher Wednesday after the off-price retailer beat sales and earnings expectations for its fiscal first quarter and raised its outlook for the full year.In the thirteen weeks ended May 4, the parent company of TJ Maxx, Marshalls, HomeGoods, Homesense and Sierra saw revenue increase 5.9% year-over-year to $12.5 billion. Earnings per share (EPS) were up 22.4% from the year prior to 93 cents."I am very pleased with our first-quarter performance," TJX CEO Ernie Herrman said in a ...

Key TakeawaysTJX beat quarterly profit estimates and raised its outlook as shoppers seeking lower prices drove up sales.Comparable store sales were up at all of the company's divisions, driven entirely by customer transactions.The news sent TJX shares to an all-time high Wednesday. 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 i ...

The TJX Companies, Inc. (TJX) began fiscal 2025 on a strong note, with the first-quarter top and bottom lines increasing year over year and earnings easily surpassing the Zacks Consensus Estimate.The company has been focused on offering consumers attractive deals on popular brands and fashions. TJX witnessed comp sales growth across all segments, completely due to customer transactions, highlighting its solid value proposition. This performance bolsters management’s confidence in the ability to capture mark ...

TJX (TJX) reported $12.48 billion in revenue for the quarter ended April 2024, representing a year-over-year increase of 5.9%. EPS of $0.93 for the same period compares to $0.76 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $12.48 billion, representing a surprise of -0.01%. The company delivered an EPS surprise of +6.90%, with the consensus EPS estimate being $0.87.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expec ...

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.90%. A quarter ago, it was expected that this parent of T.J. Maxx, Marshalls and other stores would post earnings of $1.12 per share when it actually produced earnings of $1.12, delivering no surprise.Over the last four quart ...

Exhibit 99.1 CONTACT: Debra McConnell Global Communications FOR IMMEDIATE RELEASE (508) 390-2323 Wednesday, May 22, 2024 THE TJX COMPANIES, INC. REPORTS Q1 FY25 RESULTS; COMP STORE SALES GROWTH OF 3% AT HIGH-END OF PLAN; PRETAX PROFIT MARGIN OF 11.1% AND DILUTED EPS INCREASE OF 22% BOTH WELL ABOVE PLAN; RAISES FY25 PRETAX PROFIT MARGIN AND EPS GUIDANCE • Q1 consolidated comparable store sales increased 3%, at the high-end of the Company’s plan, and were entirely driven by an increase in customer transaction ...

Investors interested in Retail - Discount Stores stocks are likely familiar with TJX (TJX) and Costco (COST) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, whil ...

The TJX Companies, Inc. (TJX) is likely to register top- and bottom-line growth when it reports first-quarter fiscal 2025 earnings on May 22.The Zacks Consensus Estimate for quarterly revenues is pegged at $12.5 billion, suggesting an increase of 5.8% from the prior-year quarter’s reported figure.The Zacks Consensus Estimate for quarterly earnings has remained unchanged in the past 30 days at 87 cents per share, indicating 14.5% growth from the year-ago quarter’s figure. The off-price retailer has a trailin ...

In its upcoming report, TJX (TJX) is predicted by Wall Street analysts to post quarterly earnings of $0.87 per share, reflecting an increase of 14.5% compared to the same period last year. Revenues are forecasted to be $12.46 billion, representing a year-over-year increase of 5.8%.The consensus EPS estimate for the quarter has undergone an upward revision of 2.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estima ...

TJX (TJX) ended the recent trading session at $98.92, demonstrating a +0.45% swing from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily loss of 0.21%. Meanwhile, the Dow experienced a drop of 0.1%, and the technology-dominated Nasdaq saw a decrease of 0.26%.The parent of T.J. Maxx, Marshalls and other stores's shares have seen an increase of 5.74% over the last month, surpassing the Retail-Wholesale sector's gain of 3.78% and the S&P 500's gain of 5.04%.The up ...