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TJX Reports Q1 Earnings Up 8%, Beats Estimates

In News by Harry Sheffnot open


TJX Companies beat Wall Street’s earnings estimates by three cents per share in the first quarter of fiscal 2016. The company, which operates the TJ Maxx and Marshall’s off-price chains, reported net sales up 6% to $6.9 billion and same-store sales up 5%. Diluted earnings per share of $0.69 were …