TJX Exec Says Expect Q3 Gross Margin To Be In The Range Of 31.1%-31.2%
Portfolio Pulse from Benzinga Newsdesk
TJX Companies, Inc. has announced that it expects its Q3 gross margin to be in the range of 31.1% to 31.2%, as stated during a conference call.
August 21, 2024 | 3:33 pm
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TJX Companies, Inc. expects its Q3 gross margin to be between 31.1% and 31.2%, indicating stable profitability expectations.
The announcement of expected gross margin provides insight into TJX's profitability for Q3. The range suggests stability, which may not significantly impact the stock price in the short term unless it deviates from market expectations.
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