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.
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