The TJX Companies (TJX) PT Raised to $55 at Credit Suisse
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The TJX Companies, Inc. Reports Q4 and FY19 Results; Achieves above-Plan Comp Sales Growth of 6% for Both Q4 and FY19; Exceeds Q4 EPS Expectations; Announces Plans to Increase Dividend 18% and to Buy
February 27, 2019 8:25 AM ESTQ4 above-plan consolidated comp store sales increase of 6%, over last years 4% increase Customer traffic was the primary driver of the comp sales increases at every division for Q4 and FY19 Q4 net sales of $11.1 billion Q4 diluted EPS of $.68 exceeds high-end of guidance FY19 above-plan consolidated comp store sales increase of 6%, over last years 2% increase FY19 (52 weeks) net sales increased 9% to $39.0 billion, over the 53-week period last year FY19 diluted EPS of $2.43 at... More
