What we learned from TJX (ROST Earnings)

May 23, 2024

TJX played out just as we expected earlier this week. LikeFolio's earnings signal for the discount retailer was Bullish (+41) due to sustained growth in mention volume and web traffic and superior levels of consumer happiness.

TJX reported better-than-expected earnings of 93 cents per share on $12.5 billion in sales, surpassing analysts' expectations of 88 cents per share. Despite missing same-store sales growth estimates, the company's stock popped immediately following on raised full-year guidance.

We can use this company as a comparative benchmark for another name set to report earnings Thursday, May 23 after the bell.

Is ROST set to follow in TJX footsteps?

This section is restricted to LikeFolio Pro Members only.

Want deeper insights? Get Free Access to The Vault.

Related Posts

Consumers are Getting Worried…Cui Bono? ($BIG, $DLTR, $DG, $FIVE, $KSS, $ROST, $TJX)

Translation: who is to benefit? Over the past year, day-to-day […]

Read More
$ROSS Earnings Deep Dive

Imagine the thrill of discovering a hidden gem in a […]

Read More

Related Posts

Related Reports

About LikeFolio

LikeFolio analyzes social media data to accurately predict shifts in consumer behavior. We sell data and insights to professional investors, corporate research teams, and software providers.
© 2024
 LikeFolio. All Rights Reserved.