TJX Cos. (TJX) Misses Q3 EPS by 7c, Comps Increase 7%, Q4 EPS Guidance Misses Views
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The TJX Companies, Inc. Reports Q3 FY19 Results with Very Strong Comp Sales Growth of 7%, Customer Traffic Up, and Above-Plan EPS; Updates Full-Year Guidance Reflecting Strong Q3 Performance
November 20, 2018 8:15 AM ESTAbove-plan consolidated comp store sales increase of 7% Customer traffic was the primary driver of the comp sales increases at every division Net sales increased 12% to $9.8 billion Completed 2-for-1 common stock split; all per share amounts in this press release reflect the split Above-plan diluted EPS of $.61, which includes a $.02 negative impact from a pension settlement charge that was not contemplated in the Companys most recent guidance, compared with $.50 in the prior year Updates full-year Fiscal 2019 guidance, reflecting... More
