Tuesday, November 15, 2016

Off-price giant soars in Q3; raises outlook

The TJX Companies topped earnings and sales forecasts for its third quarter as deal-loving consumers flocked to its stores.
The off-price apparel and home goods retailer reported that net sales for its third quarter, ended Oct. 29, rose 7% to $8.3 billion, on top of a 5% increase last year. 
Consolidated same-store sales rose 5%, over last year’s 5% increase.. . . more

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