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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| TJX Companies Inc | NYSE:TJX | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 1.57 | 1.65% | 96.68 | 96.86 | 95.35 | 95.42 | 3,059,520 | 17:52:36 |
From May 2019 to May 2024
By Cara Lombardo
Shares in TJX Cos. dropped 6% premarket after the discount retailer's same-store sales were flat in its latest quarter.
Consolidated same-store sales, which includes results from TJ Maxx, Marshalls, HomeGoods and non-U.S. stores, were flat from a year before, falling below the 2.3% increase that analysts from Consensus Metrix forecasted. Same-store sales increased 5% the year before.
The Massachusetts company also missed revenue estimates, but matched earnings estimates. The company's third-quarter revenue increased 7% to $8.76 billion, while analysts had expected $8.86 billion. TJX's net income was $641 million, or $1 a share, in line with analysts' expectations.
TJX shares are down 5.8% this year.
Write to Cara Lombardo at cara.lombardo@wsj.com
(END) Dow Jones Newswires
November 14, 2017 09:16 ET (14:16 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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