Company Earnings UpdateThe TJX Companies (TJX) 3Q19 Results: Strong Comparable Sales, In-Line EPS Coresight Research November 22, 2018 Executive Summary In 3Q19, the TJX Companies grew revenue 12.1% year over year to $9.83 billion, beating the consensus estimate of $9.5 billion. Adjusted EPS of $0.54 was inline with consensus. Gross margins were impacted by increased freight costs and expenses associated with the company’s supply chain. For full year FY19, management expects adjusted earnings per share to be $2.08-$2.09, an 8% increase over the prior year’s adjusted earnings per share of $1.93. 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: Analyst Corner: What Happened with US and China Consumer Sentiment on the Eve of Expected Tariffs? with John MercerThe Tech-Driven Future of US Retail: AI To Power Smarter Supply Chains, Seamless Operations and Personalized ExperiencesFinancial Optimism Falls to Lowest Recorded Level: China Consumer Survey InsightsInnovator Profile: Buncha—Efficient Neighborhood Grocery Delivery Via Consolidated Routes
