TJX Cos. shares rose 3.6% in Wednesday premarket trading after the off-price retailer reported fiscal third-quarter earnings and sales that beat expectations. Net income totaled $1.02 billion, or 84 cents per share, up from $866.7 million, or 71 cents per share, last year. Sales of $12.53 billion were up from $10.12 billion in 2020. The FactSet consensus was for EPS of 81 cents and sales of $12.27 billion. Overall open-only comp store sales rose 14% for the period. Open-only comp store sales measures sales growth or decline at stores open for the same days in fiscal 2020, before COVID. TJX’s portfolio includes…
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