TJ Maxx passed the $50 billion sales milestone for its latest financial year. Photographer: Andrew ... [+] Harrer/Bloomberg© 2020 Bloomberg Finance LPThe TJX Companies TJX announced record-breaking full-year sales this morning of over $50 billion and the retailer is approaching 5,000 stores globally, as the off-price giant shows few signs of taking its foot off the gas.TJX reported net income of $1.4 billion for the quarter ended Feb. 3, compared with $1.0 billion in the prior year period, as net sales rose ...

The retail sector is weighing two vastly different corporate reports today. Urban Outfitters, Inc. (NASDAQ:URBN) is sharply lower, while TJX Companies Inc (NYSE:TJX) is inching higher, as both stocks pass each other on the road to record highs.  URBN was last seen 12.9% lower to trade at $41.11, on track for its worst single-session drop since March 2020. The specialty retailer's fourth-quarter earnings and revenue both whiffed on estimates, yet four brokerages hiked their price targets, the highest coming ...

TJX (TJX) reported $16.41 billion in revenue for the quarter ended January 2024, representing a year-over-year increase of 13%. EPS of $1.12 for the same period compares to $0.89 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $16.2 billion, representing a surprise of +1.30%. The company has not delivered EPS surprise, with the consensus EPS estimate being $1.12.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compar ...

TJX (TJX) came out with quarterly earnings of $1.12 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.89 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this parent of T.J. Maxx, Marshalls and other stores would post earnings of $0.97 per share when it actually produced earnings of $1.03, delivering a surprise of 6.19%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.TJX ...

A HomeGoods shopping cart area in front of a T.J. Maxx store in Pinole, California, US, on Wednesday, May 3, 2023.TJX Cos. on Wednesday said holiday sales jumped 13% as shoppers hunting for deals flocked to the off-price retailer. Here's how TJX did in its fourth fiscal quarter compared with what Wall Street was anticipating, based on a survey of analysts by LSEG, formerly known as Refinitiv:Earnings per share: $1.22 vs. $1.12 expectedRevenue: $16.41 billion vs. $16.21 billion expectedFor the quarter ended ...

TJX Companies Inc (NYSE: TJX) is trading up in premarket on Wednesday after reporting strong financial results for its fourth quarter.TJX expects sequential decline in EPS Copy link to section Investors are content also because the off-price retailer issued upbeat guidance for the future. TJX now expects up to 3.0% annualised growth in comparable sales in Q1. Analysts, in comparison, were at %. Ernie Herrman – the chief executive of TJX Companies said in a press release today:We had a very strong finish to ...

FRAMINGHAM, Mass.--(BUSINESS WIRE)--The TJX Companies, Inc. (NYSE: TJX), the leading off-price apparel and home fashions retailer in the U.S. and worldwide, today announced sales and operating results for the fourth quarter and fiscal year ended February 3, 2024. Net sales for the 14-week fourth quarter of Fiscal 2024 were $16.4 billion, an increase of 13% versus the 13-week fourth quarter of Fiscal 2023. Consolidated comparable store sales increased 5%. For the 14-week fourth quarter of Fiscal 2024, net in ...

Exhibit 99.1 CONTACT: Debra McConnell Global Communications FOR IMMEDIATE RELEASE (508) 390-2323 Wednesday, February 28, 2024 THE TJX COMPANIES, INC. REPORTS Q4 AND FULL YEAR FY24 RESULTS; Q4 COMP STORE SALES GROWTH OF 5%, PRETAX PROFIT MARGIN, AND DILUTED EPS ALL ABOVE PLAN; EXPECTS TO INCREASE DIVIDEND BY 13% AND BUY BACK $2.0 TO $2.5 BILLION OF STOCK IN FY25 • Q4 consolidated comparable store sales increased 5%, above the Company's plan, and were entirely driven by an increase in customer transactions • ...

Investors are always looking for stocks that are poised to beat at earnings season and The TJX Companies, Inc. (TJX) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because The TJX Companies is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a ...

The TJX Companies, Inc. (TJX) is likely to register top-and bottom-line growth when it reports fourth-quarter fiscal 2024 earnings on Feb 28.The Zacks Consensus Estimate for revenues is pegged at $16.2 billion, suggesting an increase of 11.6% from the prior-year quarter’s reported figure. The consensus mark for fiscal 2024 revenues is pegged at $54 billion, suggesting an 8.2% rise from the year-ago period’s reported figure.  The Zacks Consensus Estimate for quarterly earnings has moved up by a penny in the ...