22.05.2024 14:00:35 - dpa-AFX: ROUNDUP: TJX Companies Guides Q2 EPS Below Estimates; Boost FY24 EPS Outlook
WASHINGTON (dpa-AFX) - While reporting financial results for the first
quarter on Wednesday, off-price retailer TJX Companies, Inc. (TJX) provided its
earnings and comparable store sales outlook for the second quarter and raised
earnings outlook for the full-year 2024.
For the second quarter, the company now expects earnings in a range of $0.88 to
$0.90 per share on consolidated comparable store sales growth of 2 to 3 percent.
Looking ahead to fiscal 2024, the company now projects earnings in a range of
$4.03 to $4.09 per share on consolidated comparable store sales growth of 2 to 3
percent.
Previously, the company expected earnings in the range of $3.94 to $4.02 per
share on consolidated comparable store sales growth of 2 to 3 percent.
On average, analysts polled by Thomson Reuters expect the company to report
earnings of $0.94 per share for the quarter and $4.10 per share for the year.
Analysts' estimates typically exclude special items.
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