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TJX (TJX) Beats Expectations Even As Its Biggest Division Stumbles
Insider Monkey23d agoneutral
TJX (TJX) Beats Expectations Even As Its Biggest Division Stumbles

On August 19, The TJX Companies (NYSE:TJX) reported second-quarter results that beat its own plan, even though its largest division could not keep pace with the rest of the business. Consolidated comparable sales rose 4%, adjusted earnings per share climbed 11% to $1.22, and management raised its full-year profit outlook. The catch is that Marmaxx, […]

6 Big Takeaways From Retail’s Big Week of Earnings
Barrons.com30d agoneutral
6 Big Takeaways From Retail’s Big Week of Earnings

Walmart set a somber tone for the first week of retailer earnings, but that wasn’t the whole story. The big news was Walmart’s sales woes as the Bentonville, Ark.-based giant reported a same-store sales decline—the first since 2020. Target meanwhile, showed some signs of life, reflecting its turnaround efforts.

Target’s Earnings Call: Seldom Is Heard a Discouraging Word
The Wall Street Journal30d agoneutral
Target’s Earnings Call: Seldom Is Heard a Discouraging Word

Just how encouraged are Target executives about the state of their turnaround project? Target executives said “encouraged” or “encouraging” 20 times on their analyst call Wednesday to discuss second-quarter results—nearly matching 21 such occasions in Q1 and pacing far ahead of the nine times executives used those words on the calls for the first half of last year. Chief Merchandising Officer Cara Sylvester cited progress with the center-store grocery overhaul, including more fresh produce, new focal points for seasonal offerings and added space for growth categories like functional coffee: “The response has been really encouraging.”

TJX Companies Q2 Earnings Call Highlights
MarketBeat31d agoneutral
TJX Companies Q2 Earnings Call Highlights

TJX Companies (NYSE:TJX) reported second-quarter fiscal 2027 results that exceeded its internal plan, supported by strong comparable-store sales at HomeGoods, TJX Canada and TJX International. The off-price retailer raised its full-year outlook for adjusted pre-tax profit margin and adjusted earning

Target and Lowe's earnings, Fed meeting minutes: What to Watch
Yahoo Finance Video32d agoneutralVIDEO
Target and Lowe's earnings, Fed meeting minutes: What to Watch

Asking for a Trend Host Josh Lipton previews several of the biggest stories to come tomorrow, Wednesday, August 19, including earnings from major retailers TJX (TJX), Lowe's (LOW), and Target (TGT), alongside the minutes from the Federal Reserve's most recent FOMC meeting.