Company Earnings Update 2 minutesRegister for Free AccessTJX Companies (TJX) Fiscal 2Q18 Results: Raises Guidance on Solid First Half, Traffic Continues to Drive Comps Coresight Research August 16, 2017 Executive Summary TJX Companies reported fiscal 2Q18 EPS of $0.85, above both the consensus estimate of $0.84 and management’s expectations. Total revenues increased by 6.0% year over year, to $8.4 billion. Comps increased by 3.0%, versus expectations for a 2.2% increase. Marmaxx comps were up 2.0%, above expectations of 1.0%, while HomeGoods comps were up 7.0%, above expectations of 2.4%. TJX Canada comps were up 7.0% and TJX Europe comps were up 1% in the quarter. For the full year, management raised its EPS projections to $3.89–$3.93, versus prior guidance of $3.71–$3.78 and consensus of $3.89. For the third quarter, the company expects EPS of $0.98–$1.00 versus consensus of $1.00. That increase would represent growth of 18%–20% over the year-ago period’s $0.83. 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 + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Insights Video: Exploring the Transformative Impact of Generative AI—Premium Subscriber CallThe Coresight Research CORE Framework for Generative AI in RetailUS Online Grocery Survey 2024—Infographic: Amazon and Walmart Showdown in Grocery E-CommerceEarnings Insights 2Q24, Week 6: Mixed Results from Bath & Body Works, Best Buy and Burlington