TJX Companies, Inc.

NYSE:TJX   3:56:45 PM EDT
62.45
+1.88 (+3.10%)
Positive Earnings Pre-Announcement

TJX Companies reports Q2 2023 results

Published: 08/17/2022 11:49 GMT
TJX Companies, Inc. (TJX) - The Tjx Companies, Inc. Reports Q2 FY23 Results; Q2 Pretax Profit Margin Above Company’s Plan; Increases Full Year FY23 Pretax Profit Margin Outlook.
Tjx Companies Inc - Q2 FY23 Diluted Earnings per Share of $.
69.
Tjx Companies Inc - Q2 FY23 U.S. Comp Store Sales Decreased 5%.
Tjx Companies Inc - Q2 FY23 Comp Store Sales for Marmaxx's Overall Apparel Business Were Slightly Positive Versus Last Year.
Tjx Companies Inc - Increases Full Year FY23 Pretax Profit Margin Outlook to 9.3% to 9.5%.
Tjx Companies Inc - Updates Full Year FY23 Earnings per Share Outlook to $2.87 to $2.95.
Tjx Companies Inc - Full Year FY23 Adjusted Earnings per Share Outlook to $3.05 to $3.13.
Tjx Companies Inc - Full Year FY23 U.S. Comp Store Sales Outlook to a Decrease of 2% to 3% From an Increase of 1% to 2%.
Tjx Companies Inc - Net Sales for Q2 of Fiscal 2023 Were $11.8 Billion, a Decrease of 2% Versus Q2 of Fiscal 2022.
Tjx Companies Inc - As to Top-line, U.S. Comp Sales for Q2 Came in Lighter Than We Expected.
Tjx Companies Inc - Saw More Softness in Our Home Categories.
Tjx Companies Inc - See a Marketplace Flush With Off-price Buying Opportunities for Branded, High Quality Product.
Tjx Companies Inc - Overall Net Impact of Foreign Currency Exchange Rates Had a $.
03 Negative Impact on Q2 Fiscal 2023 Earnings per Share.
Tjx Companies Inc - for Q3 of Fiscal 2023, Company is Planning U.S. Comparable Store Sales to Decrease 3% to 5%.
Revenue is expected to be $12.28 Billion
Adjusted EPS is expected to be $0.80

Next Quarter Revenue Guidance is expected to be $14.26 Billion
Next Quarter EPS Guidance is expected to be $0.94

More details on our Analysts Page.