TJX - TJX Analysts Boost Their Forecasts After Upbeat Results | Benzinga
The TJX Companies, Inc. (NYSE:TJX) reported better-than-expected first-quarter financial results on Wednesday.
The company reported first-quarter FY25 sales growth of 5.9% year-on-year to $12.479 billion, beating the analyst consensus estimate of $12.463 billion. Overall comp store sales increased 3%. EPS of 93 cents beat the consensus estimate of 87 cents, according to data from Benzinga Pro.
TJX continues to expect to repurchase about $2 billion – $2.5 billion in fiscal 2025.
Ernie Herrman, Chief Executive Officer and President of The TJX Companies, Inc., said, “Our teams across the Company executed on our initiatives and were laser-focused on delivering consumers exciting values ...