TJX Executive Sees FY25 Consolidated Sales Between $55.8B - $56.1B Vs $56.03B Est.
Portfolio Pulse from Benzinga Newsdesk
TJX Companies projects its fiscal year 2025 consolidated sales to be between $55.8 billion and $56.1 billion, slightly below the estimated $56.03 billion.
August 21, 2024 | 3:25 pm
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TJX Companies has projected its FY25 consolidated sales to range from $55.8 billion to $56.1 billion, which is slightly below the market estimate of $56.03 billion. This could indicate a cautious outlook for the company's sales growth.
The sales projection by TJX Companies for FY25 is slightly below the market estimate, which may lead to a negative short-term impact on the stock price as investors might perceive this as a sign of slower growth. The company's guidance is a key indicator for investors, and any deviation from expectations can influence stock performance.
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