Earnings reports can be a tricky thing. For example, shares of the TJX Cos. (T.J. Maxx, Marshalls and HomeGoods) fell 3.2% yesterday, despite news of positive second quarter sales and comps. Why? Because the discount retailer’s Q3 and fiscal 2017 estimates, while on an upward note, still fell short of analysts’ estimates. Net ...
The post TJX STOCKS FALL ON MISSED ESTIMATES DESPITE POSITIVE EARNINGS appeared first on Accessories Magazine.