TK Maxx’s parent company has raised its profit guidance following a rise in sales
The parent company of TK Maxx, TJX, has raised its profit guidance after sales across all units of the business increased.
In the second quarter ending August 3, 2024, TJX reported a 6% year-on-year rise in sales to $13.5bn (£10.2bn). Comparable store sales rose 4% in the same period.
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