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2024-08-21 12:03:45
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cnbc.com_2 on Nostr: Summary of TJX Companies raises full-year guidance, posts 5.6% sales gain for the ...

Summary of TJX Companies raises full-year guidance, posts 5.6% sales gain for the most recent quarter
TJX Companies raises full-year guidance, posts 5.6% sales gain for the most recent quarter


TJX Companies has taken market share from competitors like Macy's and Target as price-sensitive consumers look for a deal amid persistent inflation.

https://www.cnbc.com/2024/08/21/tjx-companies-tjx-earnings-q2-2025.html

TJX Companies, the parent company of Marshalls, HomeGoods, and TJ Maxx, raised its full-year guidance after posting strong sales for the quarter. However, its outlook still fell short of Wall Street's expectations. The company also announced a 35% ownership stake in the Dubai-based retailer Brands for Less for $360 million.
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