About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Core Insights - TJX Companies, Inc. is expected to report first-quarter earnings of 91 cents per share, a decrease from 93 cents per share in the same period last year [1] - The projected quarterly revenue is $13.03 billion, up from $12.48 billion a year earlier [1] Financial Performance - In the fourth quarter of FY25, TJX reported sales of $16.4 billion, remaining flat year-on-year and exceeding analyst expectations of $16.20 billion [2] - TJX shares experienced a slight decline of 0.1%, closing at $134.93 [2] Analyst Ratings - TD Securities analyst John Kernan maintained a Buy rating and raised the price target from $140 to $142 [7] - JP Morgan analyst Matthew Boss maintained an Overweight rating and increased the price target from $127 to $130 [7] - Wells Fargo analyst Ike Boruchow maintained an Equal-Weight rating and raised the price target from $115 to $120 [7] - Citigroup analyst Paul Lejuez upgraded the stock from Neutral to Buy, increasing the price target from $128 to $140 [7] - BMO Capital analyst Simeon Siegel maintained an Outperform rating and raised the price target from $133 to $145 [7]

Core Viewpoint - Ryan Cohen, CEO of GameStop, is facing a lawsuit from Bed Bath & Beyond to recover $47.2 million in profits from stock trading prior to the retailer's bankruptcy [1][4]. Group 1: Lawsuit Details - The lawsuit claims Cohen and his RC Ventures bought and sold more than a 10% stake in Bed Bath & Beyond within six months, making them liable for "short-swing" profits as insiders [1][4]. - US District Judge Naomi Reice Buchwald stated that Bed Bath & Beyond had disclosed its stock buyback program, questioning the credibility of Cohen's claim that he was unaware of his stake exceeding 10% [4]. - Cohen sold his Bed Bath stake in August 2022, realizing an estimated profit of $60 million [4][8]. Group 2: Background Information - Bed Bath & Beyond filed for bankruptcy in April 2023, and its name and trademarks were later acquired by Overstock.com, which is now known as Beyond [8]. - Cohen is recognized as a prominent figure in the meme stock phenomenon, which gained traction among retail investors in early 2021 [6]. - A previous lawsuit by former Bed Bath shareholders regarding Cohen's profits was dismissed due to the bankruptcy, which rendered their claims moot [8].