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TJX buys 35% stake in Dubai-based Brands for Less -2-
Hikes FY EPS guidance (Il Sole 24 Ore Radiocor) - New York, 21 Aug - TJX reported for the second quarter ended August 3 net sales of 13.5 billion dollars, up 6% versus the second quarter of fiscal 2024. Comparable store sales increased 4%.
Diluted earnings per share were 0.96 dollars, up 13% year on year.
In the first half of fiscal 2025, net sales rose 6% to 25.9 billion dollars, with comparable store sales up 3%. Diluted earnings per share were up 17% to 1.89 dollars.
For the fiscal third quarter, TJX expects comparable store sales to be up 2-3% and diluted EPS to be in the range of 1.06-1.08 dollars.
For the full year, the company anticipates comparable store sales to be up approximately 3%. It increased its diluted EPS outlook to 4.09-4.13 dollars.
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(RADIOCOR) 21-08-24 19:38:38 (0507) 5 NNNN