TJX: Fiscal Q1 Earnings Snapshot
FRAMINGHAM, Mass. (AP) — FRAMINGHAM, Mass. (AP) — The TJX Cos. (TJX) on Wednesday reported fiscal first-quarter earnings of $1.04 billion.
On a per-share basis, the Framingham, Massachusetts-based company said it had profit of 92 cents.
The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 90 cents per share.
The parent of T.J. Maxx, Marshalls and other stores posted revenue of $13.11 billion in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $13.02 billion.
TJX expects full-year earnings to be $4.34 to $4.43 per share.
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