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Benzinga

Business

Adam Eckert

MYSTERIOUS: Why tjx companies stock is trading higher - What They Never Told You

TJX Companies Inc (NYSE:TJX) shares are trading higher Wednesday after the company reported better-than-expected earnings results.

TJX said fiscal first-quarter revenue increased 13% year-over-year to $11.41 billion, which came in below the $11.61-billion estimate, according to data from Benzinga Pro. The off-price retailer reported quarterly adjusted earnings of 68 cents per share, which beat the estimate of 61 cents per share.

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