TJX's Q3 Beats Expectations, Holiday Plans in Focus

TJXs Q3 earnings surpassed expectations with a 7.5% sales increase, reaching $15.12 billion, and a 5% profit per share beat at $1.28. Despite a conservative Q4 outlook, full-year profit guidance remains steady. The company attributes its success to increased customer spending and growth in clothing and home goods categories. TJX plans to leverage digital marketing and holiday gifting options, while managing costs and monitoring potential challenges like tariffs.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.