TJX Q3 EPS $0.91 beats; raises Q4 comp guidance; Marmaxx +3%

TJX COMPANIES INC /DE/

2023-Q3 EPS reported $2.08 revenue$35,415,768,000

Net sales $12.2B (-3%); diluted EPS $0.91, adjusted $0.86; pretax margin 11.2%; all above plan.
Marmaxx U.S. comp +3% on strong apparel; HomeGoods comp -16%; total U.S. comp -2%.
Returned $843M to shareholders: $500M buybacks (7.7M shares), $343M dividends.
Raises Q4 U.S. comp outlook to flat/up 1%; full-year adjusted EPS guidance $3.07-$3.11.
Inventory per store up 27% (31% CC); cash $3.4B; FY23 buyback plan $2.25-$2.50B.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

TJX COMPANIES INC /DE/ reported third quarter ended October 29, 2022 results: revenue $12.2 billion, net income $1.1 billion, EPS $.91. Guidance raised.

Period: third quarter ended October 29, 2022
Revenue: $12.2 billion
Net income: $1.1 billion
EPS: $.91
Guidance: raised
Result: reported results

Exact text from the filing

Increasing Q4 FY23 U.S. comp store sales outlook to flat to up 1% FRAMINGHAM, Mass.--(BUSINESS WIRE)--November 16, 2022--The TJX Companies, Inc. (NYSE: TJX), the leading off-price apparel and home fashions retailer in the U.S. and worldwide, today announced sales and operating results for the third quarter ended October 29, 2022. Net sales for the third quarter of Fiscal 2023 were $12.2 billion, a decrease of 3% versus the third quarter of Fiscal 2022. U.S. comp store sales (defined below) decreased 2% versus a 16% increase in U.S. open-only comp store sales (defined below) in the third quarter of Fiscal 2022. Net income for the third quarter of Fiscal 2023 was $1.1 billion and diluted earnings per share were $.91.

View on SEC.gov

Browse all earnings releases →

TJX COMPANIES INC /DE/ filing history →

Source: SEC EDGAR

accession 0001157523-22-001633

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.