Shares of TJX Companies Inc. $(TJX)$ gained 1.3% in premarket trading Wednesday, after the discount apparel and home goods retailer reported broad sales strength that beat expectations as customer transactions increased.
The parent of T.J. Maxx and HomeGoods retail chains reported fiscal fourth-quarter comparable-store sales that rose 5% from a year ago, well above the average analyst estimate compiled by FactSet for 3.1% growth. All of the company's division saw sales growth that beat expectations.
Earnings per share for the quarter to Feb. 1 rose to $1.23 from $1.22 a year ago, and beat expectations of $1.16.
Looking ahead, the company expects full-year comparable-store sales, or sales of stores open at least a year, to rise 2% to 3%, but that's below the current FactSet consensus of a 3.4% rise.
This is breaking news. Check back for updates.
-Tomi Kilgore
For more from MarketWatch: http://www.marketwatch.com/newsviewer
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
February 26, 2025 07:52 ET (12:52 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。