Wednesday, February 28, 2018

TJX Companies Q4 Profit Rises; Hikes Dividend, Announces Share Buyback

Off-price retailer TJX Companies, Inc. reported a 29 percent increase in profit for the fourth quarter from last year, reflecting higher sales and a tax benefit. Adjusted earnings per share missed analysts' expectations, while revenues beat their estimates. The company also plans to increase the dividend by 25 percent and buy back about $2.5 billion to $3.0 billion of its stock in fiscal 2019.

from RTT - Earnings http://ift.tt/2ovN73U
via IFTTT

No comments:

Post a Comment