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Why Discount Retailers Like TJX May Store Their Fair Share of Market Treasure

TJX reported third-quarter earnings of $828.3 million, or 68 cents a share, vs. $739.6 million, or 63 cents a share, in the year-ago. Analysts polled by FactSet had been expecting earnings of 66 cents a share. Sales came in at $10.45 billion, above sales of $9.8 billion a year ago and above analysts' estimates of $10.32 billion. Same-store sales, a key metric in retail, gained 4% during the quarter, the company said. Watch the full video to hear Jeff Marks, senior portfolio analyst with Action Alerts PLUS, weigh in on TJX and other treasure hunting store stocks. Bull Market Fantasy: LIVE TUESDAY & THURSDAY @10:45AM Subscribe to our Youtube Channel for more videos : Listen our latest Podcasts on Soundcloud Catch Up: Today's Top News Videos Below
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