The TJX Companies, Inc. Reports Q1 FY23 Results; Marmaxx Comp Store Sales Increased 3%
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Morgan Stanley Names The TJX Companies (TJX) 'as our Top Pick in Softlines'
May 20, 2022 3:45 AM EDTMorgan Stanley analyst Kimberly Greenberger reiterated an Overweight rating and $80.00 price target on The TJX Companies (NYSE: TJX).
The analyst comments "We select TJX as our top pick in Softlines. The 1Q22report puts the tough stimulus lap in the rearview, & updated FY... More
TJX Cos. (TJX) Tops Q1 EPS by 8c, Revenue Misses, Offers Guidance
May 18, 2022 7:31 AM EDT(Updated - May 18, 2022 7:34 AM EDT)
TJX Cos. (NYSE: TJX) reported Q1 EPS of $0.68, $0.08 better than the analyst estimate of $0.60. Revenue for the quarter came in at $11.4 billion versus the consensus estimate of $11.6 billion.
CEO and President Comments
Ernie Herrman, Chief Executive Officer and President of The TJX Companies, Inc., stated, I am very pleased with our first quarter performance. I want to recognize the continued commitment and dedication of our talented Associates who bring outstanding values on branded, quality merchandise to our customers every day. I am particularly pleased that our... More