Why Off-Price Retailer TJX Companies' Stock Is Sliding Today
TJX Companies Inc TJX reported third-quarter FY24 sales growth of 9% year-on-year to $13.3 billion, beating the analyst consensus estimate of $13.08 billion. Overall comparable store sales increased 6% versus last year, with Marmaxx store sales rising 7% and HomeGoods climbing 9%. Gross profit…
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