FRAMINGHAM, Mass. (AP) — FRAMINGHAM, Mass. (AP) — The TJX Cos. (TJX) on Wednesday reported fiscal fourth-quarter earnings of $1.04 billion.
On a per-share basis, the Framingham, Massachusetts-based company said it had net income of 89 cents.
The results matched Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was also for earnings of 89 cents per share.
The parent of T.J. Maxx, Marshalls and other stores posted revenue of $14.52 billion in the period, surpassing Street forecasts. Six analysts surveyed by Zacks expected $14.15 billion.
For the year, the company reported profit of $3.5 billion, or $2.97 per share. Revenue was reported as $49.94 billion.
TJX expects full-year earnings in the range of $3.29 to $3.41 per share.
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