TJX Cos. (TJX) Tops Q2 EPS by 1c, Updates FY Guidance

(Updated - August 15, 2017 8:40 AM EDT)

TJX Cos. (NYSE: TJX) reported Q2 EPS of $0.85, $0.01 better than the analyst estimate of $0.84. Q2 sales were $8.36 billion vs $8.29 billion expected.

• Consolidated comp store sales increased 3% over last year’s 4% increase

GUIDANCE:

TJX Cos. sees Q3 2018 EPS of $0.98-$1.00, versus the consensus of $1.00.

• This EPS outlook is based upon estimated consolidated comparable store sales growth of 1% to 2%.

The Company expects FY adjusted diluted earnings per share to be in the range of $3.78 to $3.82 vs consensus of 3.89.

• This EPS outlook is based upon estimated consolidated comparable store sales growth of 1% to 2%.

For earnings history and earnings-related data on TJX Cos. (TJX) click here.

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