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TJX — The TJX Companies News Story

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PREVIEW: TJX seen reporting y/y lift in Q3 EPS, rev

** Shares in TJX Companies TJX.N up 0.9% ahead of the retailer's quarterly report due before market open on Wednesday

** Wall Street sees the retailer of off-price apparel and home goods reporting Q3 adj. EPS of $1.22 vs $1.14 in year-ago quarter on rev of $14.85 bln vs $14.06 bln a year ago, per LSEG

** In last 8 quarters TJX EPS and rev beat the Street every time

** Wall Street sees TJX same-store sales rising 3.29% vs 4% gain in Q2 and 3% gain in Q3 year ago

**  In August, the operator of TJ Maxx and Marshalls chain stores raised its annual profit forecast as it bet on resilient demand for off-price apparel and home furnishings

** TJX last traded at $146.45 vs median PT of $155, according to LSEG, which shows 21 analyst ratings: 9 'strong buy,' 9 'buy,' 2 'hold' and 1 'sell'

** YTD shares up ~21% while S&P 500 consumer discretionary index .SPLRCD is virtually unchanged

(Reporting by Sinead Carew)

((sinead.carew@thomsonreuters.com))

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