Investing.com - TJX (NYSE:TJX) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
TJX announced earnings per share of $0.69 on revenue of $11.84B. Analysts polled by Investing.com anticipated EPS of $0.6691 on revenue of $12.09B.
TJX shares are down 12% from the beginning of the year and are trading at $65.95 , down-from-52-week-high.They are under-performing the S&P 500 which is down 9.67% from the start of the year.
TJX shares lost 1.05% in pre-market trade the report.
TJX follows other major Consumer Discretionary sector earnings this month
TJX's report follows an earnings missed by Amazon.com on July 28, who reported EPS of $-0.2 on revenue of $121.23B, compared to forecasts EPS of $0.1199 on revenue of $119B.
Tesla had beat expectations on July 20 with second quarter EPS of $2.27 on revenue of $16.93B, compared to forecast for EPS of $1.81 on revenue of $16.54B.
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