Off-price retailer TJX Companies Inc. (TJX) reported a profit for the second-quarter, that topped Wall Street estimates. The company said its comp store sales increase and very strong bottom line results were well above its plans for the second quarter.
Discount retailer Target Corp. (TGT) recorded an increase in profit for the second-quarter that beat analysts' estimates. Comparable sales growth was 8.9 percent, for the quarter. The company's Board has authorized a $15 billion share repurchase program.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.