Barron’s, By Teresa Rivas | November 17th, 2015 (Read article)
There hasn’t been much good news in the retail sector lately, but discounter TJX is a rare bright spot. Its shares are rising due to better-than-expected fiscal third-quarter results.
TJX Cos. (ticker: TJX), the owner of T.J. Maxx and Marshalls stores, said it earned 86 cents a share on revenue of $7.75 billion. Analysts were expecting earnings of 84 cents a share on revenue of $7.73 billion