TJX - Value Shoppers Drive TJX To Q1 Success: Sales And Profits Outperform Expectations | Benzinga
TJX Companies Inc (NYSE:TJX) shares are trading higher after the company posted first-quarter FY25 earnings above street view.
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%, at the high end of the company’s plan, driven by increased customer transactions.
Gross profit margin was 30.0%, a 1.1 percentage point increase versus the prior year, driven by a benefit from ...