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TJX Same-Store Sales Up 3% In June, Lifts Q2, Full-Year Guidance (TJX)

Written on Thu, 07/08/2010 - 8:08am
By Amanda Smith

7/8/2010- TJX Cos. (NYSE:TJX) said that June sales at stores open at least a year rose 3%, missing consensus estimates for a rise of 4.2%.
Total sales for the five weeks ended July 4, 2010 rose 7% to $2 billion.
The company raised its profit forecast to $0.70 to $0.73 per share, up from $0.67 to $0.72 per shares. TJX now sees fiscal 2011 EPS of $3.24 to $3.33, up from $3.17 to $3.31 per share.
TJX currently operates T.J. Maxx, Marshalls, HomeGoods, and A.J. Wright stores in the United States. TJX also operates Winners stores in Canada and T.K. Maxx stores in Europe.

Keywords: tjx cos

Ticker(s): TJX

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