Tjx Companies Inc (TJX)

TJX Companies Stock (TJX) dropped by 3.32% from $92.50 to $89.43 in the trading on Wednesday November 15, 2023. The reasons why TJX stock down today is due to the lowered profit guidance for key holiday quarter. The companies have lowered its current quarter earnings per share (EPS) forecast to $0.97-$1, down from its previous outlook of $1-$1.03. The company attributed the reduced forecast to the timing of expenses. TJX also raised its full-year EPS forecast to $3.61-$3.64, up from its prior guidance of $3.56-$3.62, but still short of analyst expectations.