Company Earnings Update 2 minutesRegister for Free AccessTJX Companies (TJX) Fiscal 1Q18 Results: Traffic Continues to Drive Comps; 2Q Off to a Solid Start Coresight Research May 17, 2017 Executive Summary TJX Companies reported fiscal 1Q18 EPS of $0.82 versus the consensus estimate of $0.79. Total revenues increased by 3%, to $7.8 billion. Comps increased by 1.0% versus expectations for a 1.6% increase. Marmaxx comps were flat, below expectations of 1.5%, while HomeGoods comps were up 3.0%, above expectations of 2.4%. TJX Canada comps were up 3.0% and TJX Europe comps were flat in the quarter. Management commented that the second quarter is off to a solid start. For the second quarter, the company expects EPS of $0.81–$0.83 versus consensus of $0.92 and compared with $0.84 in the year-ago period. The guidance assumes that foreign exchange will negatively impact EPS growth by 4% and that wage increases will negatively impact EPS by another 2%. Guidance also assumes a comp increase of 1%–2%. 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: Weekly US Store Openings and Closures Tracker 2025, Week 18: Skechers To Close Multiple Stores; Whole Foods Market To Open Smaller-Format StoresWeekly UK Store Openings and Closures Tracker 2025, Week 21: Greggs Drives Store Closures—And OpeningsThree Data Points We’re Watching This Week, Week 17: US Retail and Consumer LatestThree Data Points We’re Watching This Week, Week 7: Consumer Sentiment Focus
