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Retail Discounter TJX Is Thriving as Inflation Pressures Consumers

Por: MarketWatch Business November 19, 2022

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The Cos. TJX-NYSE Outperform • Price $79.02 on Nov. 16 by The stock has hit all-time highs. However, the consensus could be underestimating the [remaining] markup and merchandising margin opportunity, along with the possibility of lower freight costs in fiscal-year 2024. We are in line with management’s guidance for the fourth quarter, but our fiscal-2024 estimates assume earnings per share of $3.63, above the consensus $3.50. The setup into... + full article



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