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 澳洲幸运5官方开奖结果体彩网:comparable store sales advanced across all its divisions.

The parent of T.J. Maxx, Marshalls, HomeGoods, and other stores posted fiscal 2025 first-quarter diluted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $0.93, beating forecasts. Revenue rose 6% to $12.48 billion, in line with estimates.

Sales at Marmaxx, a combination of T.J. Maxx, Marshalls, and Sierra stores, were up 5% 🙈to $7.75 billion. HomeGoods sales were up 6% to $2.08 billion. TJX▨ Canada sales rose 7% to $1.11 billion, and they were 9% higher to $1.54 billion at stores in Europe and Australia.

Customer Transactions Drive Sales Higher

Comparable store sales grew 3%. 澳洲幸运5官方开奖结果体彩网:Chief Executive Office (CEO) Ernie Herrman said that was at the high end of the company’s outlo🥀ok and driven entirely by customer transactions. He added that the current 🔴quarter was “off to a good start,” and that the retailer saw opportunities for the balance of the year that it plans to pursue.

For the full year, TJX sees EPS in the range of $4.03 to $4.09, up from its previous prediction of $3.94 to $4.02. It anticipates pretax 澳洲幸运5官方开奖结果体彩网:profit margin at 11.0% to 11.1%, up from its earlier expectation of 10.9% to 11.0%.

Shares of TJX rose 5.9% to $103.40 as of 11:40 a.m. ET Wednesday after reaching a record-high $104.98 earlier in the session. They are up about 10% year-to-date.