TJX tops earnings estimates but issues light guidance ahead of uncertain growth path
Publishing timestamp: 2024-02-28 12:53:35
Summary
TJX Companies reported a 13% jump in sales during its holiday quarter, exceeding Wall Street's expectations. The off-price retailer is facing tougher comps in the year ahead and uncertainty in its growth trajectory. Despite strong performance, the company's guidance came in light of expectations. TJX's ability to sustain growth and demand will be closely watched by investors.
Sentiment: MIXED
Tickers: TJX,
Keywords: dividends, business news, earnings, breaking news: business, breaking news: earnings, tjx companies inc, business, retail industry,
Source: https://www.cnbc.com/2024/02/28/tjx-companies-tjx-earnings-q4-2024.html