TJX Beats on Q1 Results but Stock Slips 2% on Soft…
From Financial Modeling Prep: 2025-05-21 15:46:00
TJX Companies beat Q1 earnings expectations with $0.92 EPS and $13.1 billion revenue, up 5% YoY. Despite 3% comp store sales growth, shares dropped 2% due to Q2 EPS guidance of $0.97 to $1.00, below analysts’ $1.04 forecast. Full-year EPS guidance of $4.34 to $4.43 also fell short of $4.49 consensus.
TJX maintains outlook for Q2 comp sales growth of 2% to 3% and full-year consolidated comp sales growth of 2% to 3%. The company expects a pretax margin of 10.4% to 10.5% in Q2. Despite strong Q1 results, lower profit outlook led to a decline in investor confidence.
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