4.48%XLF 15.92 10.56%QQQQ 32.65 6.34%
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FRAMINGHAM, Mass - Discount retailer TJX Cos. on Thursday raised its adjusted profit forecast for the second quarter, citing stronger-than-expected sales in May and June.
| TJX | 27.83 |  -1.57 |
The company expects to report second-quarter earnings from continuing operations of 44 cents per share to 45 cents per share. TJX previously forecast income of 40 cents per share to 42 cents per share.
Analysts predict income of 42 cents per share, according to a survey by Thomson Financial.
The retailer also said Thursday its same-store sales rose 5 percent in June, beating Wall Street's estimates, as warmer weather drove consumers to stores.
Shares rose 13 cents to $31.76 shortly after the opening bell.
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