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Form 8-K · Current Report · Filed 2024-11-20

TJX Companies Reports Strong Q3 FY25 Results and Raises Guidance

The TJX Companies, Inc. reported Q3 FY25 results with consolidated comparable store sales up 3%, a pretax profit margin of 12.3%, and diluted EPS of $1.14, all well above expectations. The company raised its FY25 pretax profit margin and diluted EPS guidance and returned $997 million to shareholders in Q3 through share repurchases and dividends. TJX also completed investments in joint ventures and finalized plans for international expansion.

Filer
Tjx Companies Inc. TJX · NYSE
Filed
Accession
0000109198-24-000056
CIK
0000109198
Signal
High impactConsumer Cyclical

Items reported

Item 2.02

Results of Operations and Financial Condition

Earnings Beat Raised Guidance
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$119.56

Next session

+0.2%

Since filing

+31.6%

Latest close

$157.34

What happened, not what will happen — closing prices around the filing date.

Exhibits (1)

About Tjx Companies Inc.

Tjx Companies Inc., a major player in the off-price retail segment, operates internationally, offering a variety of apparel and home fashions. Functioning primarily through its well-known brands such as T.J. Maxx, Marshalls, HomeGoods, and Sierra, the company aims to provide consumers with brand-name products at prices significantly below traditional retail. With a focus on delivering value-driven customer experiences, Tjx Companies Inc. capitalizes on an agile supply chain and strategic buying practices to maintain its competitive pricing. This asset is a powerhouse in the retail industry, contributing to market resiliency by adapting quickly to consumer trends and economic shifts. Its extensive reach across North America, Europe, and Australia highlights the company's role in influencing global retail dynamics, making it a critical monitor of consumer spending patterns and economic health.

Exchange NYSE Industry Apparel Retail Company website ↗

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