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TJX Fiscal Q1 Earnings, Revenue Rise; Boosts Fiscal 2025 Profit View
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TJX Fiscal Q1 Earnings, Revenue Rise; Boosts Fiscal 2025 Profit View
May 22, 2024 5:31 AM

08:00 AM EDT, 05/22/2024 (MT Newswires) -- TJX (TJX) reported fiscal Q1 diluted earnings Wednesday of $0.93 per share, up from $0.76 a year earlier.

Analysts polled by Capital IQ expected $0.88.

Revenue for the quarter ended May 4 was $12.48 billion, up from $11.78 billion a year earlier.

Analysts surveyed by Capital IQ expected $12.47 billion.

TJX said it expects fiscal Q2 EPS of $0.88 to $0.90. Analysts surveyed by Capital IQ are looking for $0.95. It also expects fiscal Q2 comparable store sales to grow 2% to 3%.

The company said it now expects fiscal 2025 EPS of $4.03 to $4.09, up from $3.94 to $4.02 previously. Analysts surveyed by Capital IQ expect $4.12. Comparable store sales for the fiscal year are still projected to be up 2% to 3%, the company said.

Price: 100.23, Change: +2.53, Percent Change: +2.59

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