TJX Companies Q2 2025 Earnings Show Strong Sales Growth
Thursday, 22 August 2024, 13:14
TJX Companies Q2 2025 Earnings Report
The TJX Companies, Inc. (NYSE: TJX) on Thursday reported a double-digit increase in second-quarter profit, powered by a 6% revenue growth. The fashion retailer saw second-quarter sales rise to $13.46 billion from $12.76 billion in the same period last year.
Sales and Profit Highlights
- Comp store sales increased by 4%, driven by growth in customer transactions.
- Net income came in at $1.1 billion or $0.96 per share, up from $989 million or $0.85 per share in the prior-year quarter.
- For Q3 2025, total comparable store sales are expected to rise by 2%-3%.
CEO’s Forward Look
CEO Ernie Herrman stated, “We marked a milestone for our Company in the second quarter by opening our 5,000th store! We are excited about capturing additional market share and driving profitability for TJX.”
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.