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TJX Companies Shares Slide Despite Strong Q4 Performance
TJX Companies Shares Slide Despite Strong Q4 Performance
BTCCSquare news:
TJX Companies reported robust Q4 results with net sales climbing 9% to $17.7 billion and comparable sales up 5% across all divisions. Pretax profit margins expanded to 13.5%, while adjusted diluted EPS reached $1.43, exceeding internal forecasts. Improved merchandise margins and reduced shrink expenses drove profitability higher.
Despite the strong performance, shares fell 1.59% to $155.15 amid broader market pressure. The company's cash position remains healthy at $6.2 billion, with fresh buyback authorizations for FY27. Inventory levels ROSE seasonally ahead of spring, while guidance suggests steady growth ahead.
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