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Barchart
Barchart
Aditya Sarawgi

Earnings Preview: What To Expect From TJX Companies’ Report

TJX TJX Companies

Framingham, Massachusetts-based The TJX Companies, Inc. (TJX) operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. With a market cap of nearly $136.5 billion, TJX Companies operates through Marmaxx, HomeGoods, TJX Canada, and TJX International segments.

The apparel giant is expected to announce its first-quarter results on Wednesday, May 28. Ahead of the event, TJX is expected to report a non-GAAP profit of $0.90 per share, down 3.2% from $0.93 per share reported in the year-ago quarter. On a positive note, the company has surpassed the Street’s bottom-line estimates in each of the past four quarters.

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