The TJX Companies, Inc. Reports Q2 FY20 Results; EPS of $0.62 at High End of Guidance
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TJX Cos. (TJX) Reports In-Line Q2 EPS, Comp. Sales Up 2%; Offers Q3 & FY20 EPS Guidance Below Consensus
August 20, 2019 8:33 AM EDTTJX Cos. (NYSE: TJX) reported Q2 EPS of $0.62, in-line with the analyst estimate of $0.62. Revenue for the quarter came in at $9.8 million versus the consensus estimate of $9.9 million.
Consolidated comp store sales increased 2%, over last years 6% increaseCustomer traffic was the primary driver of the consolidated comp store sales increase and was up at all four major divisionsNet sales increased 5% to $9.8 billionDiluted EPS of $.62 at high end of Companys guidanceCompany maintains full year Fiscal 2020 outlook for comp store sales and earnings per shareReturned $579 million to shareholders in the... More