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TJX Companies Inc Issues Q2 2014 EPS Guidance In Line With Analysts' Estimates; Narrows FY 2013 EPS Guidance To A Range Below Analysts' Estimates; Reaffirms FY 2013 Comparable Store Sales Guidance


Tuesday, 21 May 2013 08:36am EDT 

TJX Companies Inc announced that for second quarter of 2014, it expects diluted earnings per share (EPS) to be in the range of $0.61 to $0.63, which would represent a 9% to 13% increase over last year's $0.56 per share. For fiscal 2014, the Company is narrowing its expected range for diluted earnings per share to $2.70 to $2.78 versus $2.55 in fiscal 2013. Excluding the approximately $0.08 benefit from the 53rd week in the Company's Fiscal 2013 calendar, this guidance would represent a 9% to 13% increase over the adjusted $2.47 in fiscal 2013. This outlook is based upon estimated consolidated comparable store sales growth of 1% to 2%. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $0.63 for second quarter of 2014 and EPS of $2.82 for fiscal 2014. 

Company Quote

53.55
-0.23 -0.43%
11 Jul 2014