Categories AlphaGraphs, Earnings, Retail
The TJX Companies (TJX) Q1 2022 Earnings: Key financials and quarterly highlights
The TJX Companies Inc. (NYSE: TJX) today reported its first quarter financial results for the period ended May 1, 2021.
Net income for the first quarter was $533.9 million, or $0.44 per share, compared to net loss of $887.5 million, or $0.74 per share in the first quarter of 2021.
Net sales increased 126% to $10.1 billion.
As we start the second quarter, overall open-only comp store sales trends remain similar to the first quarter. While the environment remains uncertain, particularly internationally, we are convinced we are strongly positioned as we emerge from this health crisis. Looking ahead, we see numerous opportunities to capture additional market share around the world and are excited about the runway for growth we see for TJX.
Ernie Herrman, CEO and President of The TJX Companies, Inc.

Most Popular
MCD Earnings: McDonald’s comp sales up 12.6% in Q4; profit increases
Fast-food chain McDonald’s Corporation (NYSE: MCD) on Tuesday reported an increase in adjusted earnings for the fourth quarter of 2022 when its revenues remained broadly unchanged. The company said fourth-quarter
GM Earnings: All you need to know about General Motors Q4 2022 earnings results
General Motors Co. (NYSE: GM) reported fourth quarter 2022 earnings results today. Revenue increased 28.4% year-over-year to $43.1 billion. Net income attributable to stockholders increased 14.8% to $2 billion while EPS rose 19.8%
CAT Earnings: Highlights of Caterpillar’s Q4 2022 results
Construction-equipment manufacturer Caterpillar Inc. (NYSE: CAT) reported double-digit growth in fourth-quarter revenues and adjusted earnings. Adjusted net profit increased to $3.86 per share in the December quarter from $2.69 per