TJX Cos. (TJX) shares edge higher after topping Q3 earnings estimates

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Go back to TJX Cos. (TJX) shares edge higher after topping Q3 earnings estimates

The TJX Companies, Inc. Names John Klinger Chief Financial Officer

November 16, 2022 8:30 AM EST

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- The TJX Companies, Inc. (NYSE: TJX), the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, announced today that John Klinger has been promoted to Executive Vice President, Chief Financial Officer effective January 29, 2023, the beginning of TJXs fiscal year. Mr. Klinger will oversee Corporate Finance for TJX, including Audit, Treasury, Tax, and Investor Relations. He will continue to report to Scott Goldenberg who has been CFO since 2012. Mr. Goldenberg will continue as Senior Executive Vice President, Finance, with responsibility for certain other corporate functions,... More

The TJX Companies, Inc. Reports Strong Q3 FY23 Pretax Margin and Earnings Per Share; Marmaxx Comp Store Sales Increased 3%

November 16, 2022 7:35 AM EST

Q3 FY23 comp store sales at Marmaxx increased 3% driven by strong apparel sales Q3 FY23 U.S. comp store sales decreased 2%, above the Companys plan and versus a 16% U.S. open-only comp store sales increase last year Q3 FY23 pretax profit margin of 11.2% Q3 FY23 diluted earnings per share were $.91 and adjusted diluted earnings per share were $.86, which excludes a $.05 tax benefit related to the divestiture of the Companys minority investment in Familia Q3 FY23 pretax profit... More