TJX Companies (NYSE:TJX) reported fiscal Q1 earnings of $0.76 per diluted share, up from $0.49 per share a year earlier.
Analysts polled by Capital IQ expected EPS of $0.71.
Net sales for the quarter ended April 29 were $11.78 billion, up from $11.41 billion a year earlier. Analysts surveyed by Capital IQ expected $11.82 billion.
The retailer said it expects fiscal Q2 EPS of $0.72 to $0.75. Analysts polled by Capital IQ are looking for $0.80. The company also expects fiscal Q2 comparable store sales to be up 2% to 3%.
The company said it now expects fiscal 2024 adjusted EPS of $3.39 to $3.48. That compares with $3.29 to $3.41 previously. Analysts polled by Capital IQ are expecting for $3.54. The company also said it continues to expect fiscal 2024 comparable store sales to be up 2% to 3%.