TJX sees Q4 adjusted EPS $1.00-$1.03

The company said, “Based on the Company’s third quarter and full-year Fiscal 2024 outlook, the Company is planning fourth quarter Fiscal 2024 overall comparable store sales to be up 3% to 4%, pretax profit margin to be in the range of 10.7% to 10.9% and earnings per share to be in the range of $1.10 to $1.13. The Company’s fourth quarter Fiscal 2024 outlook includes an expected pretax profit margin benefit of approximately 0.4 percentage points and a diluted earnings per share benefit of approximately $.10 due to the extra week in the Company’s fourth quarter Fiscal 2024 calendar. Excluding these expected benefits, the Company is planning fourth quarter Fiscal 2024 adjusted pretax profit margin to be in the range of 10.3% to 10.5% and adjusted diluted earnings per share to be in the range of $1.00 to $1.03.”