Executive Summary
- The TJX Companies reported 1Q17 EPS of $0.76 versus the consensus estimate
of $0.71. - Total revenue was up 10% year over year, to $7.54 billion, versus expectations of $7.29 billion. Comps were up 7% versus consensus of 3.2%. By division, comps were up 6% at Marmaxx, 9% at HomeGoods, 14% at TJX Canada and 4% at TJX International. Comps in every division were driven by strong traffic.
- Management provided 2Q17 guidance for EPS of $0.77–$0.79 versus consensus of $0.83, and commented that the quarter is off to a “solid start.” Comps are expected to increase by 2%–3% in the period. The company raised its full-year EPS projection to $3.35–$3.42, based on an expected comp increase of 2%–3%.
Already a subscriber? Log in
You are currently viewing a preview of this report.
Please select an access option to view the full report. Hide Options - Show Options +
This document was generated for
Other research you may be interested in:
The Tech-Driven Future of US Retail: AI To Power Smarter Supply Chains, Seamless Operations and Personalized Experiences
Seasonal Shopping, 1Q25—Expectations for Valentine’s Day and Presidents’ Day: US Consumer Survey Insights Extra
January 2025 US Retail Sales: Nearly All Sectors Report Mid-Single-Digit Sales Growth
Four Technologies Retailers Can Use to Enchant Consumers: Insights Presented at CES 2025
