The TJX Cos. reported earnings, sales and comps that topped Street estimates and raised its full-year guidance for the third time this year.
The off-price giant noted that customer traffic was up across all divisions amid “very strong” overall apparel sales and “outstanding” home sales.
“The fourth quarter is off to a strong start, and we are pursuing the plentiful deals we are seeing for great brands and great fashions in the marketplace,” stated CEO and president Errnie Herrman. “We are strongly positioned as a shopping destination for gifts this holiday selling season and are convinced that our values and fresh shipments to our stores and online throughout the season will be a major draw again this year.”
Source: Chain Store Age
Omni Talk is the retail blog for retailers, written by retailers. Chris Walton and Anne Mezzenga founded Omni Talk in 2017 and have quickly turned it into one of the fastest growing blogs in retail. 