TJX Companies Q4 2024 GAAP EPS $1.12, Inline, Sales $16.40B Beat $16.21B Estimate
Portfolio Pulse from Benzinga Newsdesk
TJX Companies reported Q4 2024 earnings per share of $1.12, meeting analyst expectations, and sales of $16.40 billion, exceeding the $16.21 billion estimate. This represents a 12.95% increase in sales compared to the same period last year.
February 28, 2024 | 12:31 pm
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POSITIVE IMPACT
TJX Companies reported a solid Q4 2024 with earnings per share of $1.12, in line with expectations, and sales of $16.40 billion, surpassing estimates. Sales saw a significant increase of 12.95% from the previous year.
Meeting earnings expectations and exceeding sales forecasts, especially with a notable year-over-year growth, is likely to be viewed positively by investors. This performance indicates strong operational efficiency and market demand for TJX's offerings, potentially leading to a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100