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20 November
TJX’s earnings boosted by strength in Europe as earnings beat and retailer raises guidance

Earnings Results

Same-stores sales rose 7% at discounter’s international segment

Last Updated: Nov. 20, 2024 at 7:59 a.m. ET

Photo: TJX Cos. Inc.

TJX Cos. Inc.’s stock moved between gains and losses early Wednesday, after the discount retailer’s fiscal third-quarter earnings topped estimates and it again raised guidance with its international business a standout.

The company had net income of $1.297 billion, or $1.14 a share, for the quarter to Nov. 2, up from $1.191 billion, or $1.03 a share, in the year-earlier period. Sales rose to $14.063 billion from $13.265 billion.