Tag: $TJX Cos.

The TJX Companies Inc. (TJX) reported fourth quarter results that exceeded Wall Street expectations, though shares edged lower as investors weighed the company’s outlook for the coming year.

TJX Cos raised annual profit forecast on Wednesday, anticipating that broad sourcing strategy and seasonal inventory will attract bargain-hunting shoppers to its off-price stores.

The TJX Companies (NYSE:TJX), Inc. reported second-quarter earnings that exceeded analyst expectations, prompting the off-price retailer to raise its full-year profit outlook. Shares surged 3.8% following the announcement.

TJX Cos maintained annual forecasts and beat Wall Street expectations for first-quarter sales on Wednesday, as shoppers looking for deals to save money in the face of growing economic uncertainties flocked to the stores of the off-price retailer.

TJX Companies posted a better-than-expected holiday quarter driven entirely by customer transactions, indicating the off-price giant is still taking market share from department stores and other discounters as price-conscious consumers hunt for deals.

TJX Cos raised its annual profit forecast on Wednesday, benefiting from lower costs and strong demand from cash-strapped customers flocking to its off-price stores for products such as apparel and footwear.

TJX Companies raised its full-year guidance on Wednesday after posting another quarter of strong sales, but its outlook still fell just short of Wall Street’s expectations.

TJ Maxx parent TJX Cos posted better-than-expected first-quarter results and raised its annual profit forecast on Wednesday, betting on easing costs and strong demand for its affordable products.

TJX Cos.  turned in better earnings and sales results than expected and raised fiscal-year guidance, sending the stock higher in premarket trading Wednesday.