Company Earnings UpdateThe TJX Companies (NYSE: TJX) 2Q19 Results: Revenues Below Expectations; Affirms Full-Year Guidance Coresight Research August 21, 2019 Executive Summary TJX Cos. reported fiscal 2Q19 revenues of $9.8 billion, up 4.8% year over year and lower than the consensus estimate of $9.9 billion. Earnings per share (EPS) grew 6.9% year over year to $0.62, in line with the consensus estimate. The company saw comparable store sales growth of 2.0%, versus a 6.0% increase in the same period last year and lower than the consensus estimate of a 3.1% increase. For the fiscal year 2020, TJX Cos. affirmed its guidance of $2.56-2.61 compared to the consensus of $2.61. The company reaffirmed comps of 2-3% compared to the consensus of 3.3%. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: US Apparel & Footwear Retailing—Themes, Concepts and Innovators: AI, Value, GLP-1 and More To Drive Apparel TransformationRetail Trends and Shopper Traffic Update, Q4: Early Findings & Strategic OutlookEssential Guide to Groceryshop 2025: Harnessing AI, Shopper Insights and Retail Media to Build Future-Ready CommerceUS Consumers’ Perceptions of Tariffs: Data Graphic
