Off-price retailer TJX beats quarterly sales estimate
ReutersMay 21, 2025 11:33 AM
May 21 (Reuters) - TJX Cos TJX.N beat Wall Street expectations for first-quarter sales on Wednesday, as shoppers looking for deals to save money in the face of growing economic uncertainties flocked to the stores of the off-price retailer.
Net sales at the TJ Maxx parent were at $13.11 billion for the quarter ended May 3, compared with analysts' average estimate of $13.01 billion, according to data compiled by LSEG.
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