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Value Shoppers Drive TJX To Q1 Success: Sales And Profits Outperform Expectations

Summary

TJX Companies shares surged after posting first-quarter FY25 earnings above expectations. Sales grew 5.9% year-on-year to $12.479 billion, surpassing the $12.463 billion estimate. Comp store sales rose 3%, and EPS of $0.93 beat the $0.87 consensus.

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Article published on May 22, 2024 by benzinga