TJX Reports 5% Rise In June Comparable-Store Sales; Shares Surge

TJX Companies Inc TJX reported an 8% rise in its June sales. TJX's June sales came in at $2.1 billion. TJX's same-store sales for the same five-week period ended July 2 surged 5%. Analysts were expecting a 2.2% rise in same-store sales. TJX projects earnings of $0.81 to $0.86 per share. Analysts expected earnings of $0.85 per share. TJX shares gained 3.01% to $55.41 at 9:34 am. Read more from Benzinga's Company news.