The TJX Companies, Inc. Profit Rises In Q3, Beats Estimates

The TJX Companies, Inc. (TJX) has announced a year-over-year increase in third-quarter earnings, surpassing Wall Street projections. The reported earnings reached $1.297 billion, equivalent to $1.14 per share, compared to $1.191 billion or $1.03 per share during the same period the previous year. On average, analysts, as per Thomson Reuters, had projected the earnings to be $1.10 per share, typically excluding special items.

The company's revenue saw a 6.0% increase, climbing to $14.063 billion from last year's $13.265 billion. Key financial highlights for TJX Companies, Inc. include:

- Third-quarter earnings: $1.297 billion, compared to last year's $1.191 billion.

- Earnings per share (EPS) for Q3: $1.14, versus $1.03 last year.

- Quarterly revenue: $14.063 billion, up from $13.265 billion a year ago.

**Guidance:**

- Expected EPS for the next quarter: $1.12 to $1.14.

- Full-year EPS guidance: $4.15 to $4.17.