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Barchart
Barchart
Aditya Sarawgi

The TJX Companies’ Quarterly Earnings Preview: What You Need to Know

Framingham, Massachusetts-based The TJX Companies, Inc. (TJX) operates as an off-price apparel and home fashion retailer in the United States, Canada, Europe, and Australia. With a market cap of nearly $138 billion, TJX Companies operates through Marmaxx, HomeGoods, TJX Canada, and TJX International segments.

The apparel giant is expected to announce its fourth-quarter results on Wednesday, Feb. 26. Ahead of the event, TJX is expected to report a non-GAAP profit of $1.15 per share, up 2.7% from $1.12 per share reported in the year-ago quarter. The company has surpassed or matched Wall Street’s bottom-line estimates in each of the past four quarters. Its adjusted EPS of $1.14 for the last reported quarter surpassed the consensus estimates by 4.6%.

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