TJX Companies Exec Says Expect FY25 Consolidated Sales In The Range Of $55.5B-$55.9B Vs $56.23B Est.
Portfolio Pulse from Benzinga Newsdesk
TJX Companies' executive announced that the company expects FY25 consolidated sales to be in the range of $55.5 billion to $55.9 billion, which is below the estimated $56.23 billion.
May 22, 2024 | 3:24 pm
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TJX Companies announced that its FY25 consolidated sales are expected to be between $55.5 billion and $55.9 billion, which is below the market estimate of $56.23 billion.
The projected sales range for FY25 is below market expectations, which could lead to a negative short-term impact on TJX's stock price as investors may react to the lower-than-expected guidance.
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