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TJX Companies Q2 Earnings, Net Sales Rise; Raises Fiscal 2025 Outlook
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TJX Companies Q2 Earnings, Net Sales Rise; Raises Fiscal 2025 Outlook
Aug 21, 2024 11:01 AM

08:08 AM EDT, 08/21/2024 (MT Newswires) -- TJX Companies ( TJX ) reported Q2 earnings Wednesday of $0.96 per diluted share, up from $0.85 a year earlier.

Analysts polled by Capital IQ expected $0.92.

Net sales for the quarter ended August 3 was $13.47 billion, up from $12.76 billion.

Analysts surveyed by Capital IQ expected $13.32 billion.

The company said it expects Q3 diluted earnings of $1.06 to $1.08 per share. Analysts surveyed by Capital IQ expect $1.10. The company increased fiscal full-year 2025 earnings outlook $4.09 to $4.13 per diluted share, from $4.03 to $4.09 previously. Analysts surveyed by Capital IQ expect $4.15.

TJX shares were 3.6% higher in recent premarket trading.

Price: 118.50, Change: +5.19, Percent Change: +4.58

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