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American Department Store TJX Is Mainly Influenced By Garment Business.

2014/5/24 12:02:00 48

Department StoreTJXClothing Business

In the first quarter of fiscal year 2015, the earnings per share in the first quarter of May 3, 2014 were $0.64, lower than analysts' expectations of $0.67, up 3.2% from the 0.62 US dollar in the same period of last year, and the income was also lower than expected, which is 4.9% to 6 billion 491 million 200 thousand dollars over the 6 billion 189 million 600 thousand US dollars in the same period of last year, before the first quarter of fiscal year P, which was released in the first quarter of fiscal year 0.64 in the first quarter of fiscal year 0.67 in May 3, 2014.

The opening TJX < a href= "//www.sjfzxm.com/news/index_c.asp" > the share price < /a > fell nearly 6%, and the deadline for press release decreased by 5.41% to $55.24.

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P TJX CEO Carol Meyrowitz said that the first quarter profits were not up to expectations because the exchange rate volatility was higher than the group's expectations, and the failure of earnings was mainly affected by the weakening of the clothing business.

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< p style= "text-align: center" > < img border= "0" align= "center" width= "464" height= "295" alt= "" height= "/" > "


P > revenue increased by 2.4% in the United States, including a href= "//www.sjfzxm.com/news/index_c.asp" > T.J.Maxx < /a > Marshalls, Sierra Trading Post, from $4 billion 136 million in the same period last year to 4 billion 235 million US dollars, up 1% in the same store last year (9.7% in the first quarter), an increase of 9.7% in the first quarter of the year, a 3% increase from the same period last year, a 3% increase in the same period last year (7% over the same period last year), a decrease of 5.7% to 608 million dollars in the previous year, a decline in the same period last year, a decline in the same store sales (a decline in the same period last year), and a rise in the revenue from the US dollar to US dollars in the same period last year. <

TJX sales in the same quarter grew by 1% in the same quarter.

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< p > TJX net profit rose slightly from 0.3% to 454 million 300 thousand dollars in the first quarter, 452 million 900 thousand US dollars in the same period last year, and the pre tax profit margin dropped 50 basis points to 11.3% compared with the same period last year, and the gross margin also dropped to 27.9% from 50 basis points.

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< p > TJX expects earnings per share in the 2015 quarter of fiscal year 0.70 to US $0.70 to US $0.74, up 6%-12% from 0.66 US dollars in the same period last year, which is based on the expected growth of 2%-3% in the same store.

TJX also lowered its full year forecast, expecting earnings of $3.05 to $3.17 per share in fiscal year 2015, excluding $0.11 in tax incentives, a 8%-12% increase over the 2.94 US $2014 in fiscal year 2014, which is expected to increase by 1%-2% over the same year in the group's sales. Prior to the TJX 2015 fiscal year, it was expected to be $3.05 to 3.19 dollars per share.

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