Value Shoppers Drive TJX To Q1 Success: Sales And Profits Outperform Expectations
TJX Companies shares surged after posting first-quarter FY25 earnings above expectations. Sales grew 5.9% year-on-year to $12.479 billion, surpassing the $12.463 billion estimate. Comp store sales rose 3%, and EPS of $0.93 beat the $0.87 consensus.