secwatch.observer — SEC 8-K summary
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Issuer:     TJX COMPANIES INC /DE/ (TJX)
CIK:        0000109198
Form:       8-K
Filed at:   2022-08-17T23:59:59+00:00
Accession:  0001157523-22-001130
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TJX Q2 EPS $0.69 meets high end; guides FY23 EPS down to $2.87-$2.95
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- Q2 net sales $11.8B (-2% YoY); U.S. comp store sales -5% vs +21% open-only comp last year.
- Pretax profit margin 9.2% (above plan); EPS $0.69 at high end of guidance.
- Raises FY23 pretax profit margin outlook to 9.3%-9.5%; cuts EPS outlook to $2.87-$2.95 from $2.94-$3.01.
- U.S. comp store sales FY23 guidance revised to -2% to -3% from +1% to +2%.
- Returned $1.0B to shareholders in Q2 via $700M buybacks and $346M dividends.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/109198/000115752322001130/0001157523-22-001130-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/109198/000115752322001130/a52816231.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-001130

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer