trending Market Intelligence /marketintelligence/en/news-insights/trending/pDOd4GRcTOslkVojorlDPQ2 content esgSubNav
In This List

TJX Cos. profit holds relatively steady YOY in fiscal Q1

Case Study

A Sports League Maximizes Revenue from Media Rights

Blog

Japan M&A By the Numbers: Q4 2023

Blog

Essential IR Insights Newsletter Fall - 2023

Case Study

A Corporation Clearly Pinpoints Activist Investor Activity


TJX Cos. profit holds relatively steady YOY in fiscal Q1

TJX Cos. Inc. said its normalized net income for the fiscal first quarter ended May 3 came to 64 cents per share, compared with the S&P Capital IQ consensus estimate of 67 cents per share.

EPS climbed year over year from 62 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $456.6 million, compared with $457.4 million in the year-earlier period.

The normalized profit margin fell to 7.0% from 7.4% in the year-earlier period.

Total revenue rose year over year to $6.49 billion from $6.19 billion, and total operating expenses grew 5.5% on an annual basis to $5.75 billion from $5.45 billion.

Reported net income totaled $456.3 million, or 64 cents per share, compared to $454.2 million, or 62 cents per share, in the year-earlier period.