Why the stocks of TJX Companies are sinking today

stock TJX company (TJX -3.43%)) Wednesdays are moving lower from the heel of the company’s first quarter report. The stock price fell 2.5% today as of 1 pm. Stocks fell 3.7% earlier one day.

TJX reported the results of Wall Street’s expectations and imports before the market began this morning. On the other hand, the company’s business performance and guidelines for headwinds call for selling stocks.

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TJX stocks are lowered despite the sales and imported bit of Q1.

TJX earned $ 13.1 billion in sales per share (EPS) for $ 0.92. The average Wall Street analyst estimated that the company reported that the company would report $ 0.91 for $ 13.3 billion in sales.

During this period, sales increased by 5% year -on -year, but EPS decreased about 1% compared to last year. The same store sales (Comps) increased 3% year -on -year during this period, and the management said the company was seeing a strong driving force in the second quarter, but the guidelines were not enough to prevent the fall.

What is the next TJX?

In the second quarter, TJX guides you to rise from 2% to 3%. Business’ net profit margin is expected from 10.9%last year to 10.4%to 10.5%.

Similarly, the annual COMP is expected to increase from 2% to 3%. Business profit margin is a project between 11.5%to 11.3%to 11.4%last year. EPS is expected from $ 4.34 to $ 4.43.

The company’s scope of import guidelines suggests growth between 2% and 4% annually, but the average analyst did not meet the average analyst’s demands of $ 4.49 a year. The results and guidelines of TJX were not bad, but the company’s report suggests that business can face some sales and margin head winds related to macroeconomic factors.