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TJX raises FY24 adjusted EPS view to $3.55-$3.62 from $3.39-$3.48,

Consensus $3.59. The company said, “For the fiscal year ending February 3, 2024, the Company is now planning overall comparable store sales to be up 3% to 4%. For the 53-week fiscal year ending February 3, 2024, the Company is increasing its expectations for pretax profit margin to a range of 10.7% to 10.8% and diluted earnings per share to be in the range of $3.66 to $3.72. The Company’s full-year guidance includes an expected pretax profit margin benefit of approximately 0.1 percentage point and a diluted earnings per share benefit of approximately $.10 due to the 53rd week in the Company’s Fiscal 2024 calendar. Excluding these expected benefits, the Company now expects full-year Fiscal 2024 adjusted pretax profit margin to be in the range of 10.6% to 10.7% and adjusted diluted earnings per share to be in the range of $3.56 to $3.62. “

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