Nucor earnings beat by $0.08, revenue fell short of estimates
Benjamin Peter, the Senior Executive Vice President and Group President of TJX Companies Inc. (NYSE:TJX), a prominent player in the specialty retail industry with a market capitalization of $140 billion, recently sold 4,123 shares of the company’s common stock. According to InvestingPro analysis, TJX currently trades above its Fair Value, with the stock delivering an impressive 31% return over the past year. The shares were sold at a price of $129.77 each, amounting to a total transaction value of $535,041. Following this sale, Peter holds 152,355 shares of TJX Companies. The company maintains strong financial health with a GREAT rating from InvestingPro, which offers 12 additional valuable insights and a comprehensive Pro Research Report for deeper analysis of this retail giant.
In other recent news, The TJX Companies reported a strong performance for the first quarter of 2025, with earnings per share (EPS) of $0.92, slightly surpassing analysts’ expectations of $0.91. The company also posted revenue of $13.1 billion, exceeding the forecast of $13 billion. Despite the positive earnings, TJX faced concerns over margin compression, as its pre-tax profit margin decreased by 80 basis points to 10.3%. Analysts from BofA Securities and Loop Capital Markets maintained their Buy ratings on TJX, with price targets of $145 and $150, respectively, citing the company’s robust market share and strong first-quarter results.
UBS analyst Jay Sole also reiterated a Buy rating, raising the price target to $164, emphasizing TJX’s potential to expand market share. Meanwhile, JPMorgan maintained an Overweight rating with a price target of $130, noting that TJX’s earnings slightly exceeded consensus estimates. The company’s international segments, including Canada and TK Maxx, outperformed expectations, contributing to its overall success. Additionally, TJX management reaffirmed its full-year guidance, projecting a 2-3% increase in comparable sales and a full-year EPS range of $4.34 to $4.43. These developments reflect TJX’s strategic positioning and adaptability in a challenging retail environment.
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