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The TJX Companies, Inc. Reveals Rise In Q2 Profit

The TJX Companies, Inc. (TJX) reported a profit for its second quarter that rose from the same period last year.

The company's earnings totaled $739.63 million, or $1.17 per share. This compares with $552.96 million, or $0.85 per share, in last year's second quarter.

Analysts had expected the company to earn $1.05 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 11.6% to $9.33 billion from $8.36 billion last year.

The TJX Companies, Inc. earnings at a glance:

-Earnings (Q2): $739.63 Mln. vs. $552.96 Mln. last year.
-EPS (Q2): $1.17 vs. $0.85 last year.
-Analysts Estimate: $1.05
-Revenue (Q2): $9.33 Bln vs. $8.36 Bln last year.

-Guidance:
Next quarter EPS guidance: $1.18 to $1.20

Full year EPS guidance:

Including the benefit of $.73 to $.74 per share on items related to the 2017 Tax Cuts and Jobs Act, the company sees earnings of $4.83 to $4.88 per share for the full year.

Excluding these benefits, earnings are expected in the range of $4.10 to $4.14 per share.

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