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TJX Companies (TJX) Q2 Earnings In Line, Sales Lag Estimates
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The company’s earnings came in at 62 cents per share, which grew 7% year over year. Further, the bottom line came in line with the Zacks Consensus Estimate and met the upper end of management’s guidance.
Net sales advanced about 5% year over year to $9,781.6 million but fell short of the Zacks Consensus Estimate of $9,883 million. Net sales growth included a 1% adverse impact from currency movements.
Sales were backed by solid comparable store sales (comps), which gained from robust customer traffic across all segments. TJX Companies' consolidated comps grew 2% year over year.
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https://finance.yahoo.com/news/tjx-compa...01723.html
![[Bild: TJXc1dl1541.png]](https://finviz.com/publish/082019/TJXc1dl1541.png)
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The company’s earnings came in at 62 cents per share, which grew 7% year over year. Further, the bottom line came in line with the Zacks Consensus Estimate and met the upper end of management’s guidance.
Net sales advanced about 5% year over year to $9,781.6 million but fell short of the Zacks Consensus Estimate of $9,883 million. Net sales growth included a 1% adverse impact from currency movements.
Sales were backed by solid comparable store sales (comps), which gained from robust customer traffic across all segments. TJX Companies' consolidated comps grew 2% year over year.
...
https://finance.yahoo.com/news/tjx-compa...01723.html
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