TJX Positioned For Market Share Gains: Analyst Notes Momentum In Sales And Margin Expansion
TJXTJX(TJX) Benzinga·2024-11-22 02:10

Goldman Sachs analyst Brooke Roach reiterated the Buy rating on TJX Companies, Inc. TJX with a price forecast of $137.Yesterday, the company reported third-quarter earnings per share of $1.14 (+11%), beating the street view of $1.09. Quarterly sales of $14.06 billion (+6%) beat the analyst consensus estimate of $13.95 billion.TJX Companies reported a 3% increase in consolidated comparable store sales at the high end of the company’s plan, driven entirely by higher customer transactions.Roach remains optimis ...