Look carefully and make your decision – Own Snap

TJX stock has gone down in the last 5 business days, August 11-18. The stock was trading at $ 71.71 on August 11, then started to slowly decline. As of August 16, the stock had fallen 3.2% to $ 69.41, but it jumped 15 minutes back to cost $ 70.22. In the previous trading session, the stock fell to $ 69.26, scoring 1.71%. The pre-market session recovers the price by increasing 1.23%.
The company’s net sales reached $ 3.7 billion for the third quarter, beating analyst estimates. Store operator TJX posted better-than-expected quarterly net sales, helped by the easing of COVID-19 restrictions.

The effects of the pandemic on low-cost retailers have been felt in the form of higher prices and a shift towards e-commerce. The recovery accelerated in the second half of the year, as consumers rushed to take advantage of stimulus checks and tax credits. Walt Disney Co net income reached $ 785.7 million in the second quarter, from a loss a year earlier. Net sales reached $ 12.08 billion in the third quarter, exceeding the $ 11.04 billion expected by analysts.


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

*