Off-price retailer TJX reports increase on first-quarter earnings

Off-price retailer TJX reported that first-quarter earnings soared 58% compared with the same period a year earlier. For the quarter ended April 28, TJX recorded a profit of $419.2m (£265.5m), up from $266m (£168.5m) in the prior year. Sales rose 11% to $5.8bn (£3.67bn) while gross margin climbed to 28.2% ...

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now