Clothing & Shoes
TK Maxx owner ups FY profit guidance
Looking ahead, it said it is planning consolidated comparable store sales to be up 2% to 3%, pretax profit margin to be in the range of 11.8% to 11.9%, and diluted earnings per share to be in the range of $1.06 to $1.08 (£0.81 - £0.82)
TK Maxx owner, TJX Companies, has revealed it has upped its FY profit guidance after its comparable store sales increased 4% during the second quarter of the year.
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