TJX Companies (TJX) Bullish Stance Reiterated at Stifel Followign Solid Q3

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Go back to TJX Companies (TJX) Bullish Stance Reiterated at Stifel Followign Solid Q3

The TJX Companies, Inc. Reports above-Plan Q3 FY16 Results with 5% Comp Sales Growth and Earnings Per Share of $.86

November 17, 2015 8:35 AM EST

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- The TJX Companies, Inc. (NYSE: TJX), the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, today announced sales and earnings results for the third quarter ended October 31, 2015. Net sales for the third quarter of Fiscal 2016 increased 5% to $7.8 billion and consolidated comparable store sales increased 5% over last years 2% increase. Net income for the third quarter was $587 million and diluted earnings per share were $.86 versus last years $.85.

For the first nine months of Fiscal 2016, net sales were $22.0 billion, a 6% increase over last year, and... More