TJX Reports Above Plan 1st Quarter 2024 Results
TJX(TJX) forbes.com·2024-05-23 18:45
A TJ Maxx store in Pearland, Texas, USAgettyTJX reports excellent, above plan results. Comparable store sales were up 3%, which were driven by an increase in customer transaction. Pretax profit margin of 11.1% is an increase of 0.8% versus last year, and was above company’s plan. Company reported $0.93 earnings per share versus $0.76 last year. This was a 22% increase over last year.Ernie Herman, CEO and president of TJX Companies stated: “I am very pleased with our first quarter performance…. Our teams acr ...