TJX Cos. stock fell 2% premarket Wednesday, after the discount retailer and parent to T.J. Maxx, HomeGoods and Marshalls stores posted better-than-expected...
TJX Cos. stock TJX fell 2% premarket Wednesday, after the discount retailer and parent to T.J. Maxx, HomeGoods and Marshalls stores posted better-than-expected fiscal first-quarter profit but sales that lagged consensus. The company had net income of $891 million, or 76 cents a share, in the quarter to April 29, up from $587 million, or 49 cents a share, in the year-earlier period. Sales rose to $11.783 billion from $11.406 billion a year ago.
The FactSet consensus was for EPS of 72 cents and sales of $11.824 billion. Same-store sales rose 3% to beat the 2.7% FactSet consensus. “Our pretax profit margin and earnings per share both significantly exceeded our plan and our 3% comparable store sales increase was at the high end of our plan,” Chief Executive Ernie Herrman said in a statement. The pretax profit margin came to 10.3%, above the 7.5% posted a year ago. Inventories stood at $6.4 billion at quarter-end, compared to $7.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
George and Amal Clooney joined by her mom on the red carpet — see the picsGeorge and Amal Clooney were joined by her mother, Baria Alamuddin, as the trio attended a special U.K. awards ceremony.
Leer más »
ECB’s de Cos: Stickier inflation to choke growth outlooks – MNIEuropean Central Bank (ECB) policymaker and Bank of Spain's Governor Pablo Hernandez de Cos said in an MNI interview on Wednesday, “the persistence of
Leer más »
The Moon Occults Jupiter Wednesday Morning for North AmericaBe sure to set your alarm for early Wednesday morning, as the Moon occults Jupiter in one of the best sky watching events for 2023.
Leer más »
D.C.-area forecast: Warm today with showers possible late, then sunny and cooler WednesdayWatching more showery complications for this weekend.
Leer más »
Jupiter will vanish Wednesday — but then reappear within minutesIf you want to see the largest planet in the solar system disappear and then reappear less than an hour later, grab your binoculars, set them next to your alarm clock and wake up early on Wednesday morning. 🔭
Leer más »