TJ Maxx parent raises annual profit forecast-March 2024-www.financetom.com

TJ Maxx parent raises annual profit forecast

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TJ Maxx parent raises annual profit forecast

Aug 21, 2024 5:00 AM

Aug 21 (Reuters) - Off-price retailer TJX Cos ( TJX )

raised annual profit forecast on Wednesday, banking on gains

from easing costs and steady demand for its low-price apparel

and accessories.

The company expects annual earnings per share of $4.09 to

$4.13, above its prior forecast of $4.03 to $4.09.

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