TJX Companies Clocks 13% Top-Line Growth In Q1
TJX Companies Inc (NYSE:TJX) reported a first-quarter FY23 sales growth of 13% year-on-year, to $11.41 billion, missing the consensus of $11.61 billion. The U.S. comparable store sales remained flat versus last year, with Marmaxx store sales increasing 3% and HomeGoods declining 7%. The gross profit margin for the quarter contracted 20 basis points…
Benzinga ·