澳洲幸运5官方开奖结果体彩网

Discount Retailer TJX Lifts Outlook, Posts Higher-than-Estimated Q3 Results

T.J. Maxx store

Joe Raedle / Staff / Getty Images

KEY TAKEAWAYS

  • TJX Companies, the operator of discount retailers including TJ Maxx, posted higher-than-expected quarterly results Wednesday and raised its full-year earnings outlook.
  • TJX said it is raising its full-year pretax profit margin outlook and expects a 3% gain in comparable store sales year-over-year.
  • Strong European sales drove gains in its international business, TJX said.

TJX Companies (TJX), the operator of discount retailers including TJ Maxx, posted higher-than-expected quarterly results on the back of gains in European sales Wednesday and raised its full-year earnings outlook.

The company, whose brands also include HomeGoods and Marshall's, posted third-quarter net sales of $14.1 billion, up 6% year-over-year, and above estimates from Visible Alpha of $13.93 billion.

澳洲幸运5官方开奖结果体彩网:Earnings per share (EPS) of $1.14 also exceeded the $1.08 EPS estimate co𒆙mpiled by Vis♛ible Alpha.

澳洲幸运5官方开奖结果体彩网:Chief Executive Officer (CEO) Ernie Herrman said the 3% gain in year-over-year same store sales was at the “high end” of the company’s plan andꦺ that the fourth quarter is "off to a strong start."

TJX Forec🅺asts Full Year Comparable Store Sales to Rise 3%

TJX said it expects full-year consolidated comparabꦓle st🅷ore sales to be up 3%. 

It also rais✅ed its pretax profit margin outlook for the fu🅺ll fiscal year to be 11.3% and EPS to be in the range of $4.15 to $4.17.

When it announced 澳洲幸运5官方开奖结果体彩网:second-quarter earnings,  TJX  raised its outlook for pretax profit margin to around 11.2% and raised its forecast for diluted EPS to a range of $4.09 to $4.13.

TJX shares fell more than 1% Wednesday and are up about 25% this year.

Do you have a news tip for Investopedia reporters? Please email us at
Article Sources
Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.
  1. TJX. “.”

  2. TJX Companies. "."

Compare Accounts
The offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace.

Related Articles