Company Earnings UpdateTJX (TJX) Fiscal 1Q19 Results: Misses on EPS, but Raises FY19 Guidance Coresight Research May 23, 2018 Executive Summary The TJX Companies reported fiscal 1Q19 adjusted EPS of $0.96, below the consensus estimate of $1.02. Revenues were $8.69 billion, up 11.6% year over year and beating the consensus estimate of $8.47 billion. Comps were up 3.0%, beating the 2.5% consensus estimate. Marmaxx comps of 4.0% beat the 2.3% consensus estimate, while comps for HomeGoods, TJX Canada and the International business were below consensus estimates. The company raised its FY19 revenue guidance to $37.7–$37.9 billion from $37.6–$37.8 billion previously. The company maintained its comp guidance of 1%–2% growth and raised the low end of its EPS guidance range; management now expects full-year EPS of $4.75–$4.83 versus $4.73–$4.83 previously. The consensus EPS estimate is $4.84. 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: US Apparel & Footwear Retailing—Themes, Concepts and Innovators: AI, Value, GLP-1 and More To Drive Apparel TransformationHoliday Bites: GLP-1 Disruption with Smaller Baskets, Smaller Sizes—and a Leaner Thanksgiving?—Data GraphicAnalyst Corner: Holiday Spirit, Bigger Budgets: US Consumers’ Plans for the Fourth of July, Labor Day and the Holiday Season, with Aditya KaushikEarnings Insights 1Q25, Week 4: Alibaba, Walmart and Others Report Sales Growth While Under Armour Reports Sales Decline—Infographic
