Categories AlphaGraphs, Consumer, Earnings
TJX Companies reports strong earnings growth for Q1 2025; revenue up 6%
The TJX Companies, Inc. (NYSE: TJX) Wednesday reported a double-digit increase in net income for the first quarter of 2025 when the fashion retailer’s net sales grew 6%.
First-quarter sales increased to $12.48 billion from $ 11.78 billion in the corresponding period last year. Overall comp store sales increased 3%, driven by continued growth in customer transactions.
As a result, Q1 net income rose to $1.07 billion or $0.93 per share in the April quarter from $891 million or $0.76 per share in the prior-year period. For the second quarter of 2025, the company expects total comparable store sales to be up 2%-3%.
“The second quarter is off to a good start and we see numerous opportunities for our business for the balance of the year that we plan to pursue. Longer term, we are excited about the potential we see to drive customer transactions and sales, capture additional market share, and increase the profitability of TJX,” said TJX’s CEO Ernie Herrman.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
