TJX Companies Inc TJX:NYSE

Last Price$49.86Cboe Real-Time Last Sale as of 10:27AM ET 8/20/19
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Today's Change-1.69(3.28%)
Bid (Size)$49.84 (200)
Ask (Size)$49.88 (300)
Day Low / High$49.41 - 50.39
Volume3.7 M

TJX Fiscal Q1 Results Top Street View; Shares Gain Pre-Bell

8:58AM ET 5/21/2019 MT Newswires
TJX (TJX) shares rose more than 1% in pre-market trading on Tuesday after the off-price apparel and home fashions retailer reported fiscal Q1 results that topped Wall Street expectations.

EPS increased to $0.57 for the 13-week period ended May 4, from $0.56 a year earlier. That surpassed the $0.54 average estimate of analysts surveyed by Capital IQ.

Fiscal Q1 sales increased 7% to $9.28 billion, from $8.69 billion. That exceeded the analyst consensus of $9.21 billion.

Looking ahead, the company said it expects fiscal Q2 EPS to be in the range of $0.61 to $0.62, in line with the Street view of $0.62.

For FY20, the company said it now expects EPS in the range of $2.56 to $2.61, representing a 5% to 7% increase over the prior year's $2.43, Analysts surveyed by Capital IQ are currently expecting EPS of $2.61.

Price: 53.25, Change: +0.28, Percent Change: +0.53