TJX: Overview of Fourth Quarter Financial Results

TJX Companies Reports Strong Fourth-Quarter Earnings

TJX Companies, headquartered in Framingham, Massachusetts, announced a net income of $1.77 billion for its fiscal fourth quarter.

The company reported earnings of $1.58 per share, with adjusted earnings—excluding one-time gains—coming in at $1.43 per share.

These results exceeded analysts’ expectations, as the consensus estimate from Zacks Investment Research was $1.39 per share.

TJX, which operates T.J. Maxx, Marshalls, and other retail brands, achieved $17.74 billion in revenue during the quarter, also topping analyst forecasts. Zacks had projected revenue of $17.45 billion.

Looking ahead, TJX anticipates full-year earnings to range between $4.93 and $5.02 per share.