TJX Stock Surges as Bargain Shoppers Drive Sales Gains
TJX(TJX) investopedia.com·2024-05-23 00:05
Key TakeawaysTJX beat quarterly profit estimates and raised its outlook as shoppers seeking lower prices drove up sales.Comparable store sales were up at all of the company's divisions, driven entirely by customer transactions.The news sent TJX shares to an all-time high Wednesday. TJX Companies (TJX) shares soared to a record high Wednesday as the discount clothing and home goods retailer reported better-than-expected quarterly profit and boosted its guidance as comparable store sales advanced across all i ...