TJX: Buy or Sell After Q1?

Filed under: Earnings Reports, Target Corp. (TGT), Kohl's Corp (KSS)

The TJX Companies (TJX) is down almost 4% in afternoon trading with about an hour to go before the session ends. The chain, which competes with Kohl's (NYSE: KSS) and Target (TGT), issued Q1 results earlier today. Were they that bad?



I didn't think so. According to the press release, earnings per share increased over 60% to 80 cents. In addition, same-store sales rose 9%. Reuters says that analysts were expecting 78 cents per share. So, management did pretty well on that count.

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TJX: Buy or Sell After Q1? originally appeared on BloggingStocks on Tue, 18 May 2010 18:30:00 EST. Please see our terms for use of feeds.

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