UPDATE: TJX Reports Rise In Q2 Profit, Raises Profit Forecast

TJX Companies Inc TJX reported a rise in its Q2 profit on Tuesday. TJX reported its quarterly net income at $348 million, or $0.90 per share, up from $304.98 million, or $0.74 per share, in the year-ago period. Its sales climbed 8% to $5.5 billion. TJX also lifted its full-year profit forecast. TJX shares dropped 2.76% to $52.15 in pre-market trading.