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21.08.2024
Company news: TJX (TJX) quarterly results exceed analysts’ forecasts
TJX (TJX) reported Q2 FY2024 earnings of $0.96 per share (versus $0.85 per share in Q2 FY2023), beating analysts’ consensus estimate of $0.92 per share.
The company’s quarterly revenues amounted to $13.468 bln (+5.6% y/y), beating analysts’ consensus estimate of $13.313 bln.
The company issued downside EPS guidance for Q3 FY2024 of $1.06-1.08 versus analysts’ consensus estimate of $1.10 and guided to third-quarter comparable sales of +2-3% y/y.
For the full FY2024, TJX issued raised EPS of $4.09-4.13 (up from its prior guidance of $4.03-4.09) versus analysts’ consensus estimate of $4.13 and raised comparable sales outlook to +3% y/y (up from its prior guidance of from +2-3% y/y).
TJX rose to $117.65 (+3.83%) in pre-market trading.
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