โ TJX shares fell 1.4% after announcing weaker-than-forecast revenue for the second quarter. The company's revenue totaled $9.782 billion for the quarter, below a Refinitiv estimate of $9.901 billion. Same-store sales, a key metric for retailers, rose 2% in the quarter, below a 3% estimate. The company reported weaker sales across all its segments except international.
โ Shares of Madison Square Garden plunged more than 9% โ headed for their worst day ever โ after the sports and entertainment company missed analyst expectations on the top and bottom lines for its fiscal fourth quarter. The company reported losses of $3.08 per share on $263.6 million in revenue. Analysts expected a loss of $2.61 per share on $270.1 million in revenue, according to Refinitiv.
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Source: CNBC - ๐ 12. / 72 Read more ยป