TJX Companies Exec Says Expect FY25 Gross Margin In The Range Of 30% To 30.1%
Portfolio Pulse from Benzinga Newsdesk
TJX Companies' executive announced that the company expects its FY25 gross margin to be in the range of 30% to 30.1%.
May 22, 2024 | 3:35 pm
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TJX Companies' executive announced that the company expects its FY25 gross margin to be in the range of 30% to 30.1%. This indicates stable profitability expectations.
The announcement of a stable gross margin range for FY25 suggests that TJX Companies is expecting consistent profitability. This is likely to be viewed positively by investors, potentially leading to a short-term increase in the stock price.
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