
Burlington’s earnings beat expectations, but its guidance for the next quarter falls short of Wall Street’s consensus.
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Burlington’s earnings beat expectations, but its guidance for the next quarter falls short of Wall Street’s consensus.

TJX (NYSE:TJX) shares fell around 4% in Wednesday premarket trading after the retailer issued a third-quarter earnings forecast below Wall Street expectations, overshadowing stronger-than-expected quarterly profit and an increase to its full-year guidance. For the second quarter, TJX reported earnings per share of $1.

TJX, which owns TJ Maxx, is the biggest player in the off-price space. Eighty percent of the analysts tracked by FactSet are bullish on the company.
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