Reported 5 months ago
Shares of TJX Companies are up after the company reported a 3% increase in comparable sales and raised its full-year EPS guidance. The retail giant's earnings signal positive consumer spending trends, with heightened demand seen in its home goods store. TJX's results, in line with expectations, show strong gross margins and optimism for future growth opportunities. Customer transactions were a key driver of sales growth, reflecting consumer interest in value offerings and discounts.
Source: YAHOO