TJX stock pops on earnings beat, raises guidance

) are jumping in early trading on Wednesday. The retailer posted second quarter results that topped analyst estimates on both the top and bottom lines. The parent company of TJ Maxx and HomeGoods also raised its full-year profit guidance.You're seeing them on screen move higher after the company beat analyst estimates on both the top and bottom line plus they raised their full year guidance.

All of these seeing second quarter fiscal year 2025 reported sales growth, single digit percentage, high, single digit percentage for Mar Max. The fact that yes consumers are still spending, but they're out there looking for deals and what that really highlights is the consumer under pressure.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rail companies, union to resume talks Wednesday as strike deadline loomsLabour Minister Steve MacKinnon says progress in the mediated talks between Canadian Pacific Kansas City Ltd., Canadian National Railway Co. and Teamsters union is ‘unacceptably slow’
Source: globebusiness - 🏆 31. / 66 Read more »

Disney earnings: Streaming unit turns first profit while parks business lagsDisney reported its first streaming profit and raised its earnings forecast, sending shares higher early Wednesday.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Nvidia stock falls more than 6%, reversing Wednesday’s rally as chip stocks lead market lowerChip stocks led a tech-fueled sell-off.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »